Geleximco Building GRADE B

Building Overview

Located on Hoang Cau Street, O Cho Dua Ward, Hanoi, Geleximco Building stands out as one of the most cost-effective Grade B office options in the central wardt. Rising 18 stories with 02 basements, the building offers an expansive typical floor plate of 1500 sqm/floor, providing highly flexible and spacious layouts. A major highlight is its prestigious green certifications, including Green Mark and EDGE, which help tenants significantly reduce monthly energy consumption costs.

From a corporate finance perspective, Geleximco Building addresses budget concerns effectively with competitive rental rates and a complimentary overtime policy when air conditioning is not in use. This outstanding financial advantage helps businesses optimize cash flow, making it an ideal fit for large-scale operations or companies with late-shift requirements.

Location and Connectivity

The building is situated at the prime frontage of 36 Hoang Cau, O Cho Dua Ward, Hanoi, on a key arterial route connecting the central ward with the western gateway of the city.

• Hoang Cau Arterial Route: Connects directly to major thoroughfares such as Lang Ha, Nguyen Chi Thanh, La Thanh, and the elevated ring road, minimizing travel time during peak hours.
• Hoang Cau Lake and Stadium: Located directly opposite, offering scenic lake views that enhance the workspace atmosphere and elevate corporate prestige during partner visits.
• Noi Bai International Airport: Accessible within approximately 30 minutes via Vo Chi Cong Street and Nhat Tan Bridge, facilitating convenient domestic and international business travel.
• Surrounding Business Ecosystem: Features an established network of major banks, including ABBank on the ground floor, Vietcombank, and BIDV, alongside numerous restaurants and cafes for daily business meetings.

Technical Specifications and Operations

Geleximco Building is equipped with modern technical infrastructure to ensure maximum operational efficiency for tenants:

• Scale & Floor Plate: Comprises 18 stories and 02 basements; typical floor plate of 1500 sqm/floor, allowing for flexible partitioning or column-free open-plan layouts.
• Ceiling Height: Reaches a standard 2.7 m, optimizing natural light and air circulation.
• Elevator System: Equipped with 07 high-speed Schindler elevators, minimizing waiting times during peak hours.
• Air Conditioning: Central air conditioning system by Trane, allowing independent temperature control across different floor zones.
• Backup Power: 02 Caterpillar backup generators providing 100% capacity to ensure uninterrupted business operations.
• Parking Facilities: 02 basement levels provide ample space to accommodate the motorbike and car parking needs of staff and clients.
• Standard Working Hours: Monday - Friday: 7:30 AM - 7:00 PM; Saturday: 8:00 AM - 1:00 PM.

Leasing Costs and Commercial Terms

The financial terms at Geleximco Building are highly competitive and transparent, enabling businesses to plan their long-term budgets effectively:

• Reference Rent: $14 - $16 /m²/month (rates may vary depending on leased area and lease commencement timing).
• Service Charge: 5 USD/sqm/month.
• VAT: 10%.
• Motorbike Parking Fee: 170,000 VND/motorbike/month.
• Car Parking Fee: 1,700,000 VND/car/month.
• Electricity Consumption: Billed based on actual sub-meter usage; notably, central AC electricity is already included in the service charge, offering substantial savings.
• Overtime Fee (Overtime): Complimentary for non-AC usage, representing a major financial incentive for technology or service-oriented firms.
• Minimum Lease Term: Minimum 3-year lease.
• Deposit & Payment: 3-month deposit - Quarterly payment.

Suitable Tenant Profiles and Checks

With its large 1500 sqm floor plate and energy-saving green certifications, the building is an ideal choice for large companies requiring extensive space and prioritizing a green working environment while optimizing operational costs. To ensure a smooth fit-out and transition, tenants should pay attention to several practical inspection points:

• Subdivision Feasibility: Carefully review the floor plan to determine the most efficient partition layout, avoiding wasted corner spaces.
• After-Hours AC Capacity: Clarify night-shift requirements to negotiate specific terms for air conditioning usage after standard hours.
• Parking Capacity: Verify actual parking availability for motorbikes and cars during peak hours to secure adequate slots with the building management.
• Fire Safety & Evacuation: Assess the compatibility of the existing fire fighting system with the tenant's proposed interior layout.

Advisory Conclusion

Geleximco Building is a prime example of high-quality office space offering optimized operational costs in central Hanoi. Its green credentials and favorable overtime policies provide tenants with a distinct financial edge. Contact a GRES specialist today to receive a detailed quotation, check the latest vacancy list, and secure the most favorable lease terms on the market.