The Lancaster Building GRADE B

20 Nui Truc Street, Giang Vo Ward, Hanoi

The Lancaster Building is a Grade B office building at 20 Nui Truc Street, Giang Vo Ward, Hanoi. Indicative rent: $15 - $16 /m². Typical floor area: 1,500 sqm/floor. Scale: 27 above-ground floors, 3 basement levels. Floors 1-7 are dedicated to office space..

Building specifications

InvestorTTG Holding
ManagementLancaster Management Joint Stock Company
Building gradeGrade B
CertificationLEED
Completion year2012
Scale27 above-ground floors, 3 basement levels. Floors 1-7 are dedicated to office space.
Typical floor area1,500 sqm/floor
Ceiling height2.65 m
Air conditioningDaikin central air conditioning system
Elevators2 Otis elevators dedicated to the office block
Backup power100% capacity backup power generator
Parking3 basement levels and surrounding areas of the building
Working hoursMonday - Friday: 08:00 - 18:00, Saturday: 08:00 - 12:00

Cost details

Rent$15 - $16 /m²
Service charge6 USD/sqm/month
VAT10%
Motorcycle parking150,000 VND/motorbike/month
Car parking2,500,000 VND/car/month
Cooling electricityIncluded in service charge
Minimum lease termMinimum 3-year lease
Deposit & payment3-month deposit - Quarterly payment
OvertimeNegotiable
Estimate spaceEstimate lease costEstimate fit-out cost

Available space

Use the information below as an initial guide before confirming the preferred space and commercial terms with the building.

GRES is reviewing suitable floor options for this building.

Displayed rent and terms are for an initial comparison. The final option depends on required area, lease term, move-in timing, and the building’s current commercial conditions.

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More information

Planning an optimal workspace for a workforce of 150 to over 500 personnel requires a large floor plate and synchronized technical infrastructure to ensure seamless operations.

Building Overview

The Lancaster Building — Tổng quan / Giới thiệu
The Lancaster Building is a prominent Grade B office building located in the Giang Vo area. Rising 27 stories high with 3 basement levels, where floors 1 to 7 are dedicated to office and commercial spaces, the project offers an impressive typical floor plate of up to 1,500 sqm. Developed by TTG Holding and completed in 2012, the building holds a LEED certification for green standards, providing a high-quality working environment that optimizes energy efficiency and actual operational costs for large-scale enterprises.

Location and Connectivity

The building is located at 20 Nui Truc Street, Giang Vo Ward, Hanoi, boasting a prime frontage on the bustling Nui Truc Street, directly connecting the major traffic arteries of Ba Dinh and Dong Da ward.
  • Kim Ma and Giang Vo - Lang Ha arterial roads: Allow businesses to easily and quickly commute to neighboring central ward and major commercial hubs.
  • Lotte Center and Vinhomes Metropolis hotel and shopping mall complexes: Located within a 1.5 km radius, creating highly favorable conditions for diplomatic activities and welcoming international partners.
  • Sân bay Quốc tế Nội Bài: Takes approximately 30 minutes via Vo Chi Cong Street and Nhat Tan Bridge, ensuring smooth business travel schedules.
  • Hệ sinh thái tiện ích xung quanh: Surrounded by a network of major banks, diverse restaurants, and office cafes, perfectly serving the daily reception and living needs of employees.

Technical Specifications and Operations

The Lancaster Building — Kỹ thuật / Vận hành / Tiện ích
The technical infrastructure at The Lancaster Building is synchronously designed to high standards to accommodate high personnel density on each floor plate.
  • Quy mô & Mặt bằng sàn: Features 27 above-ground floors and 3 basement levels, with floors 1-7 dedicated to offices, offering a typical floor plate of 1,500 sqm with a square, column-free layout to maximize actual usable space.
  • Chiều cao trần: Reaches a standard of 2.65 m, creating an airy atmosphere and facilitating the installation of technical ceilings.
  • Hệ thống thang máy: Equipped with 2 high-speed Otis elevators dedicated to the office block, minimizing waiting times during peak hours.
  • Hệ thống điều hòa: Modern Daikin central air conditioning system, ensuring even temperature distribution and energy efficiency.
  • Điện dự phòng: 100% capacity backup power generator to ensure uninterrupted operations during power grid failures.
  • Bãi đỗ xe: 3 basement levels and the surrounding area of the building provide ample parking space for both cars and motorbikes.
  • Giờ làm việc tiêu chuẩn: Monday - Friday from 08:00 to 18:00, Saturday from 08:00 to 12:00.

Leasing Costs and Commercial Terms

The Lancaster Building — Thương mại / Giá thuê / Phù hợp
Commercial terms at the building are clearly structured, helping businesses easily plan their long-term operational budgets.
  • Giá thuê tham khảo: $15 - $16 /sqm/month (rates may vary depending on the leased area and lease signing timing).
  • Phí dịch vụ: 6 USD/sqm/month.
  • Thuế VAT: 10%.
  • Phí gửi xe máy: 150,000 VND/vehicle/month.
  • Phí gửi ô tô: 2,500,000 VND/car/month.
  • Tiền điện sử dụng: Central AC electricity is included in the service charge; other office equipment electricity is billed based on actual meter readings.
  • Phí làm ngoài giờ (Overtime): Negotiable based on the actual operational needs of the business.
  • Thời hạn thuê tối thiểu: Minimum of 3 years.
  • Đặt cọc & Thanh toán: 3-month deposit - Quarterly payment.

Suitable Tenant Profiles and Checks

With the advantage of a massive floor plate of up to 1,500 sqm and LEED certification, the building is an ideal choice for large corporations, technology companies, financial institutions, and multinational enterprises looking to design a centralized workspace uninterrupted by concrete columns. To ensure an optimal operational plan, businesses should conduct the following practical survey steps:
  • Hiệu suất mặt bằng sàn: Verify the ratio of net usable area to gross area to accurately calculate the actual number of desks to be installed.
  • Công suất bãi đỗ xe: Survey the actual capacity of the 3 basements during morning and afternoon peak hours to ensure sufficient parking spaces for employees and clients.
  • Hệ thống điều hòa Daikin: Assess the ability to partition independent cooling zones when dividing departments or closed meeting rooms.
  • Hiệu suất thang máy Otis: Measure elevator wait times during peak hours (8:00 AM and 12:00 PM) to evaluate the system's response to high personnel density.
  • Chính sách làm ngoài giờ (OVT): Negotiate detailed costs for operating lighting and equipment beyond standard hours to optimize expenses for night-shift departments.

Advisory Conclusion

The Lancaster Building asserts its position as one of the Grade B office buildings with superior technical infrastructure and the largest floor plates in the Giang Vo area. The combination of LEED green standards, synchronized Daikin and Otis systems, and a central location provides a major competitive edge for businesses. Contact a GRES specialist today to receive a detailed quote, updated vacant space listings, and to schedule a site visit.

Location map

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Frequently asked questions

What is the rent at The Lancaster Building?
Indicative rent at The Lancaster Building is $15 - $16 /m². Service charge, VAT, and commercial terms should be checked against the required area and leasing date.
Where is The Lancaster Building located?
The Lancaster Building is located at 20 Nui Truc Street, Giang Vo Ward, Hanoi.
What grade is The Lancaster Building?
The Lancaster Building is classified as Grade B.
Who are the investor and manager of The Lancaster Building?
Investor: TTG Holding. Management: Lancaster Management Joint Stock Company.
What are the scale and typical floor area at The Lancaster Building?
Scale: 27 above-ground floors, 3 basement levels. Floors 1-7 are dedicated to office space.. Typical floor area: 1,500 sqm/floor.
What technical systems does The Lancaster Building provide?
Air conditioning: Daikin central air conditioning system. Elevators: 2 Otis elevators dedicated to the office block. Backup power: 100% capacity backup power generator.
Does The Lancaster Building provide parking?
Published parking information: 3 basement levels and surrounding areas of the building.
What are the working hours and lease terms at The Lancaster Building?
Working hours: Monday - Friday: 08:00 - 18:00, Saturday: 08:00 - 12:00. Minimum lease term: Minimum 3-year lease.
Want to compare with The Lancaster Building and similar buildings?GRES can send 3–5 nearby or same-grade options so you can review the shortlist before a site visit.
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