DIV Building GRADE B

Building Overview

Located at Lane 15 Duy Tan Street, Cau Giay Ward, Hanoi, DIV Building (Grade B) stands out as a highly practical office solution with large floor plates in the Western commercial hub. Rising 13 above-ground floors and 2 basements, the building offers a typical floor plate of 1120 sqm/floor. Managed directly by the Building Owner, the property guarantees high legal security and long-term operational stability, eliminating any risks of ownership changes during the lease term. From a financial and operational perspective, DIV Building offers a distinct competitive advantage with its rent already including the service fee. The square-shaped, column-free floor layout optimizes usable area, allowing large-scale enterprises to easily configure open workspaces and keep multiple departments on a single level.

Location and Connectivity

DIV Building is situated at 11/15 Duy Tan, Cau Giay Ward, Hanoi, positioned inside a connecting lane of Duy Tan Street—widely recognized as Hanoi's tech hub due to its high concentration of IT and financial firms. While located in a lane to avoid direct street noise and reduce rental premiums, the building remains highly accessible, being less than a one-minute walk from the main road.

• Duy Tan and Pham Hung Arteries: Connects directly to Ring Road 3, Pham Van Dong, and the Xuan Thuy - Cau Giay axis, facilitating seamless travel across ward and to neighboring provinces.
• Administrative Agencies and Keangnam Landmark 72: Located near major ministries (Ministry of Planning and Investment, Ministry of Home Affairs) and just 10 minutes from Keangnam Landmark 72, enhancing business prestige and administrative convenience.
• Noibai International Airport: Reachable within 25-30 minutes via Vo Chi Cong Street or Nhat Tan Bridge, optimizing travel time for international clients and partners.
• Surrounding Business Ecosystem: Surrounded by a dense network of major banks (Vietcombank, Techcombank, BIDV) along with numerous restaurants and cafes catering to daily corporate needs and client meetings.

Technical Specifications and Operations

The building's technical infrastructure is comprehensively developed to meet professional office standards, ensuring uninterrupted business operations:

• Scale & Floor Plate: Consists of 13 above-ground floors and 2 basements, with a typical floor plate of 1120 sqm/floor, supporting flexible partitioning or full-floor occupancy.
• Ceiling Height: Reaches a standard of 2.7 m, providing a spacious environment and easy installation of technical ceilings.
• Elevator System: Equipped with 5 high-speed elevators, ensuring smooth vertical transit during peak hours.
• Air Conditioning System: Modern central air conditioning system, distributing temperature evenly across all office spaces.
• Backup Power: 100% capacity backup power generator, ensuring continuous operations during power outages.
• Parking Facilities: Parking available in 2 basement levels, adequately meeting the parking demands of employees and visitors.
• Standard Working Hours: Monday - Friday: 8:00 AM - 6:00 PM, Saturday: 8:00 AM - 12:00 PM.

Leasing Costs and Commercial Terms

The leasing policy at DIV Building is highly practical and transparent, allowing businesses to easily plan their long-term budgets:

• Reference Rent: $12 - $17 /m²/month (subject to change depending on leased area and signing time).
• Service Fee: Included in rent, optimizing fixed monthly operational costs.
• VAT: 10%.
• Motorbike Parking Fee: 120,000 VND/motorbike/month.
• Car Parking Fee: 1.7 USD/sqm/month.
• Electricity Consumption: Actual consumption as per meter.
• Overtime Fee (OVT): Negotiable based on actual operational needs.
• Minimum Lease Term: Minimum 3-year lease.
• Deposit & Payment: 3-month deposit - Quarterly payment.

Suitable Tenant Profiles and Checks

With its large floor plate of 1120 sqm and cost-effective all-inclusive rent, DIV Building is a strong fit for IT companies, financial institutions, logistics firms, or large corporations seeking to consolidate their workforce on a single floor to maintain high collaboration.

• Verify Usable Area: Carefully measure the net usable area versus the gross area to plan the most efficient workspace layout.
• Assess Parking Capacity: Inspect the actual capacity of the 2 basements during peak hours to ensure adequate space for staff motorbikes and cars.
• AC and Electricity Costs: Clarify the metering system for the central air conditioning to properly control monthly utility bills.
• Overtime (OVT) Policy: Negotiate clear terms regarding elevator usage and lighting costs if your business operates late shifts or weekends.

Advisory Conclusion

DIV Building is a prime example of a highly practical Grade B office in the Duy Tan, Cau Giay area. Balancing reasonable rental rates, large floor plates, and the stability of state-backed ownership, this building consistently ranks high on the shortlist for major enterprises. To receive a detailed report on available spaces and secure the best lease terms, please contact GRES consultants.