Explaining this trend, in a newly released report, CBRE said that the rental price of land in industrial centers in Ho Chi Minh City and Hanoi is much higher than in neighboring provinces. In Ho Chi Minh City, the land rent is in the range of 180-300 USD per m2, while in Hanoi it is 175-260 USD per m2, nearly double the rent in Binh Duong which is 100-150 USD per m2; Bac Ninh is 90-125 USD per m2; Hai Duong 65-95 USD per m2; Hai Phong 80-125 USD per m2 and Hung Yen 70-90 USD per m2.

Not only the high price, the land fund in industrial zones in Ho Chi Minh City and Hanoi is also not much. At these places, occupancy rates are at 90.8% and 99%. Meanwhile, the neighboring localities have now improved in connectivity thanks to infrastructure projects under construction such as Trung Luong - My Thuan and Dau Giay - Phan Thiet highways in the South; Expressway Van Don - Mong Cai, Ninh Binh - Hai Phong in the North.

Besides, CBRE's report also said that in general, in 9 months, despite the stressful epidemic, the industrial real estate market still had a slight growth. Specifically, the average occupancy rate in major industrial zones and industrial cities in the North (Hanoi, Bac Ninh, Hung Yen, Hai Duong, Hai Phong) reached 78.5%, up 0.5 points. percent by year. Similarly, occupancy rates in the four main industrial provinces and cities in the South reached 87.2%, up 0.2 percentage points year-on-year.

In terms of scale, land lease transactions range from 3-25 hectares, of which 3-5 hectares are common with demand coming from furniture, electronics, logistics and packaging industries. , pack.

In the third quarter, the demand for renting land and ready-built warehouses and workshops recorded a slight decline due to restrictions on movement between cities and foreign flights. CBRE expects the market to be active again after restrictions on movement are gradually lifted in the fourth quarter. Thanks to positive occupancy rates, despite the pandemic, average land rents have remained stable in the main industrial cities.

According to CBRE, with the drastic change during the pandemic, the industrial real estate market in Vietnam has become an attractive opportunity for both domestic and international investors. On the other hand, recent difficulties have shown the need to diversify production locations, expand warehouses and especially cold storage groups for food and agricultural products. Expansion of existing businesses and construction of production facilities amid accelerating supply chain relocation will be the main drivers of demand in the coming years.

Pham Ngoc Thien Thanh, Deputy Director of Research and Consulting Department of CBRE Vietnam, assessed that short-term difficulties will be resolved soon, the market will maintain a strong growth momentum in the long-term with an open plan. expansion of foreign factories operating in Vietnam.

The latest research by CBRE Asia Pacific shows that Vietnam is considered an important market in the next three years for industrial and logistics developers and tenants. In addition, the need for sustainable production and environmental, social and governance (ESG) standards are being considered by tenants when building new factories.

Industrial park developers are also making changes in product development to adapt to the new situation. In particular, the highlights are applying modern technology to manage and operate the infrastructure, providing service packages including legal services, human resources to help tenants save time and money. costs during project implementation...

Source:  https://vnexpress.net/xu-huong-bat-dong-san-cong-nghiep-dich-chuyen-ra-vung-phu-can-4372948.html