CBRE PRESENTS

INVESTMENT MEMORANDUM

29TER NGUYEN DINH CHIEU DEVELOPMENT SITE

Confidential
CONTENT
1. Executive Summary
2. Project Overview
3. Location
4. Catchment Area
5. Legal Status
6. Vendor Profile
7. Confidentiality Statement & Disclaimer
8. Contacts
EXECUTIVE SUMMARY
 Executive Summary

CBRE Vietnam is pleased to introduce a rare opportunity to prospective

Investment Opportunity investors to acquire a 4,153 sqm commercial development site in HCMC
CBD, Vietnam .

 The development site is located in District 1, at the corner of Nguyen

Dinh Chieu and Mac Dinh Chi street.

 The project site is approved to develop a 21-floor office building

(excluding basement) with plot ratio of 9, site coverage of 47% and
The Site
total GFA of 37,377 sqm. The project offer you an unique
opportunity to invest in an Grade A office building in District 1 with
typical floor plate of 1,951 sqm.

 Land use right certificate for freehold ownership.

The project is owned by a well known local bank - Asia Commercial

Legal Structure
Bank, who offers to sell 100% stake of the development site.
PROJECT OVERVIEW
 Description
OWNER Asia Commercial Bank
ADDRESS 29Ter Nguyen Dinh Chieu, Da Kao Ward, District 1, HCMC
TYPE Office building
LAND AREA 4,153 sqm
LAND TENURE Freehold
 LUR
LEGAL DOCUMENTS  Construction planning approval by Architecture-Planning Department –
HCMC People Committee
 Plot ratio: 9
 Site coverage: 47%
 Land take:
 Nguyen Dinh Chieu street: 20m
 Mac Dinh Chi street: 20m
 21 floors (including mezzanine floor, technical floor, rooftop and excluding
basement), 8-level podium (on Mac Dinh Chi & Nguyen Dinh Chieu street),
DESCRIPTION maximum space on ground floor
 Construction setback from the land take of Nguyen Dinh Chieu & Mac Dinh
Chi street:
 Podium: min 6m, larger setback for ground floor with max space
 Tower block: min 8-9m
 Setback from surrounding area: ≥4.5m
 Maximum construction height: 90-95m
 Total GFA: 37,377 sqm
CURRENT STATUS Green field
Location

SITE
 Location
CBD location with full access to central facilities Surrounded by lots of offices, hotel and
and amenities retail projects
TSN Airport

Notre-Dame
Cathedral Ben Thanh
Market
16 mins

Target Site
HCMC Ba Son Metro
People’s Station
Committee
28 mins

Hanoi Highway
 Location
Prime location at CBD – D1:
• Right at the corner of Nguyen Dinh Chieu & Mac Dinh Chi (20m street wide) – heading to the South West
of the city, uni-directional streets with high traffic and good exposure to travelers;
• Street front: About 55m on Nguyen Dinh Chieu & 75m on Mac Dinh Chi Street;
 Location
Square shape makes it easier to design & build and increases the efficiency of the building
 Current Status
CLEAR AND READY site for construction, currently used as a parking place.

Corner of Mac Dinh Chi – Nguyen Dinh Chieu Nguyen Dinh Chieu Frontage

Current Status of the Site Mac Dinh Chi Frontage

Catchment Area
 Catchment Area
Office buildings– Within 5km to the SITE

Building Address Grade GFA (sqm) No. of levels

138-142, Hai Ba Trung, 17 + 1 ground floor + 1

Empress Tower A 27,100
D1 mezzanine + 2 basements
41-43 Tran Cao Van,
Master Building B 8,496 12
D3
72-74 Nguyen Thi Minh
Centec Tower A 27,660 23 + 3 basements
Khai, D3

25 Nguyen Thi Minh

HD Tower B 9,902 16 + 2 basements
Khai, D1

Diamond Plaza 34 Le Duan, D1 A 15,000 20

Kumho Asiana
39 Le Duan, D1 A 26,000 21 + 3 basements
Plaza Saigon

Saigon Tower 29 Le Duan, D1 A 18,536 19

51 Nguyen Thi Minh

Sailing Tower B+ 16,800 22
Khai, D1
 Catchment Area
Hotel/Retail Projects – Within 5km to the SITE
Building Type Address Grade Note

Sofitel Saigon Plaza Hotel 17 Le Duan Boulevard, District 1 Luxury 298 rooms
Hotel (In Mixed
Kumho Asiana Plaza Nguyen Du, Hai Ba Trung Street Luxury 260 rooms
Use Project)
Upper
Le Meridien Saigon Hotel 3C Ton Duc Thang 345 rooms
UpScale
Lotte Legend Saigon
Hotel 2A-4A Ton Duc Thang Luxury 283 rooms
Hotel

InterContinental 39 Le Duan Boulevard, Corner

Hotel Luxury 305 rooms
Asiana Saigon Hai Ba Trung and Le Duan

Sheraton Saigon Upper

Hotel 88 Dong Khoi 485 rooms
Hotel and Towers Upscale
Diamond Plaza Retail ( in Mixed 9,000 sqm
34 Le Loi High-end
Use Project) – 4 floors
57,640 sqm
Vincom Retail (In M 32 Le Thanh Ton High-end
– 6 floors
Retail ( in Mixed 6,250 sqm
Saigon Center 65 Le Loi High-end
Use Project) – 3 floors
Retail (In Mixed 7,250 sqm
Kumho Asiana Plaza 7,250 sqm High-end
Use Project) – 4 floors
LEGAL STATUS
 Legal Document
The project is owned by Asia Commercial Bank. Interested parties can secure 100% ownership of the
project via asset transfer/ execution of a share purchase agreement.

Legal Documents:
 Business registration
 Land use Right Certificate - Freehold
 Construction planning approval from Architectural Planning Department
 Vendor profile

- ACB is one of the leading joint stock commercial banks in Vietnam, with
nearly 10,000 employees.
Introduction - As of December 31, 2015, ACB had 350 branches and sub-branches
in 47 provinces and cities nationwide. Ho Chi Minh City, Southeast and
Red River Delta are regarded as major markets of the Bank.

- The main business activities of ACB and subsidiaries is to mobilise

short, medium and long-term funds in the form of term deposits,
Major business demand deposits; to receive entrusted investment and development
funds from domestic credit institutions; to borrow from other financial
institutions; to grant short, medium and long-term loans...

Subsidiaries - ACB Securities, ACB Leasing, ACB Assets, ACB Capital

CONFIDENTIALITY STATEMENT &
DISCLAIMER
 Confidentiality Statement & Disclaimer
CBRE Vietnam Co., Ltd gives notice that:
1. This IM is set out as a general outline only for the guidance of intending investors and does not constitute, nor constitute part of, an offer or contract;
2. The parties proceed on the basis that no party will be legally committed and no arrangement or understanding will be binding on or enforceable against
another party unless and until Sale and Purchase Agreements are executed and exchanged and then will be binding only in accordance with the express
terms of such Agreements.
3. All descriptions, details, dimensions, areas, projections, forecasts, references to condition and necessary permissions for use and occupation, and other
details relating to a third party or the property or otherwise are given in good faith and are believed to be correct as at the date of publication but any
intending investor should not rely on them as statements or representations of fact but must satisfy themselves by inspection, investigation or otherwise of
the correctness of each of them;
4. Accordingly, no representation, warranty or undertaking, express or implied, is made and no responsibility or liability is accepted by CBRE as to the
accuracy or completeness of the information contained or incorporated in the memorandum or any other information provided by CBRE in connection with
the sale of company holding the leasehold interest or the Property;
5. Any sketch, plan or map in this report is included to assist the reader in visualizing the property. CBRE has made no survey of the property and assumes
no responsibility in connection with such matters;
6. No person in the employment of CBRE has any authority to make or give any representation or warranty whatever in relation to a third party or the
Property;
7. In the event of any discrepancy between the information in this IM and information forming part of a Sale and Purchase Agreement, the Sale and
Purchase Agreement shall take precedence.
8. Neither the whole, nor any part of this memorandum or any reference to it may be included in any published document, circular or statement, nor
published in any way without CBRE’s author’s prior written approval of the form and context in which it may appear;
9. Where it is stated in the memorandum that information has been supplied to CBRE by another party, this information is believed to be reliable, but the
author can accept no responsibility if this should prove not to be so. Where information is given without being attributed directly to another party, this
information has been obtained by our search of records and examination of documents or by enquiry of the government or other appropriate departments;
10. This IM is confidential to the party to which it has been provided for the purpose to which it refers. It may be disclosed to other professional advisors
assisting in respect of that purpose and such advisors will be bound under the same confidentiality as the agreement that you have signed with CBRE. This
IM may not be photocopied, reproduced or distributed to any other person or entity at any time without the prior written consent of CBRE. Upon request
from CBRE, the recipient will promptly return all material received from CBRE (including this IM) without retaining any copies thereof;
11. CBRE specifically excludes any responsibility or liability whatsoever in connection with any purchase or loss of profits arising from any reliance on this
report. Each prospective purchaser of the company holding the leasehold interest or the property must make their own independent investigation of the
financial condition and affairs, and its own appraisal of such company and/or the property.
12. CBRE is entitled to withdraw this IM at any time.
For more information Hien Mai (Ms.)
Senior Investment Manager
CONTACT Capital Markets - CBRE Vietnam
T +84 (8) 3824 6125
M +84 933 555 718
E: hien.mai@cbre.com