Grand Terra – 36 Cat Linh, A Notable Addition to Ha Noi’s Office Market in 2023

According to Savills latest market report, by the end of 2023, five new office projects will launch in Ha Noi, most of which will be Grade A. Grand Terra – 36 Cat Linh is one of these Grade A properties, and it is expected to be a notable addition to the office market with high-quality finishes and cutting-edge specifications.

Enterprises are increasingly conscious of ESG requirements. Workplaces must now speak to health, flexibility, and sustainability as well as productivity and collaboration. Thus, buildings with green certifications and high technical specifications are popular.

Green spaces accommodate long-term operational savings for occupiers and support corporate sustainability targets. Green buildings are also proven to support staff productivity and improve wellbeing and work-life balance.

By the end of 2023, 98% of Ha Noi’s future office supply will be Grade A. Grand Terra – 36 Cat Linh upholds LEED Gold standards and Grade A specifications across 20,536 sq m. The office and retail components will open in December 2023. It supports flexible working and sustainability and has direct access to key districts, which make it one of the best workplaces in Midtown Ha Noi.

FLEXIBLE FLOORPLANS FACILITATE DIVERSE DEMANDS

Grand Terra at Grand Terra – 36 Cat Linh is the latest addition to Thanh Hoa Construction Corporation’s portfolio, and the developer has designed it to be green, modern, and better for people.

This building includes six office levels, a retail basement, and a four-level basement for parking, providing ample space for all tenants and visitors. Floorplates average 2,000 sq m with raised floors and finished ceilings. The seventh and eighth levels also have knock-out panels to boost connectivity between floors. These spaces support flexible working spaces and encourage collaboration and communication.

When it launches in December 2023, Grand Terra – 36 Cat Linh will be a prime property for businesses looking to establish or expand themselves in Midtown Ha Noi. The landmark quality of this building will ensure a solid foundation for its tenants.

Positioned in Ha Noi’s new business centre in Dong Da District, Grand Terra is close to Giang Vo food street, the five-star Grand Mercure Hanoi and Pullman Hanoi, and leading F&B, entertainment, and retail destinations.

It is a five-minute walk from Cat Linh metro station, and it is less than 20 minutes from Hoan Kiem, Cau Giay, Tay Ho, and Ha Dong. Tenants will enjoy convenient commutes and will have great proximity to business partners.

LEED GOLD CERTIFICATION & SUSTAINABILITY

LEED (Leadership in Energy and Environmental Design) is a highly regarded certification for green buildings, issued by the U.S. Green Building Council. LEED prioritises health and wellbeing. Employers in spaces with LEED certification report higher recruitment and retention rates and increased employee productivity.

As of 2023, there are 4 LEED-certified commercial buildings in Ha Noi. By upholding a LEED Gold certification, Grand Terra – 36 Cat Linh delivers high energy efficiency and optimised tech systems. It will have energy and water savings of 20% and 40%, respectively.

OPTIMISED DESIGN

Offices are no longer purely commodities but are spaces that must facilitate good experiences and support good health. This is why Grand Terra – 36 Cat Linh’s façade is made from specialised glass and solar shading systems that reduce solar radiation, UV rays, and dust from entering the building; this enables savings and pleasant experiences as temperatures are controlled and constant. There is a rooftop garden that also gives occupiers space to decompress and relax.

The building is positioned as a symbolic property in Dong Da District with its unique and artistic architecture. The façade is inspired by Viet Nam’s rice terraces. It is a significant feature that represents the harmony between modernity and tradition and national values and international dynamism.

A MODERN PROJECT, READY FOR THE FUTURE

Ms Hoang Nguyet Minh, Senior Director of Commercial Leasing, Savills Ha Noi shared: “Demand is solid, especially with interest from ICT, manufacturing, and bank, finance and insurance (FIRE) companies. These occupiers have stringent technical requirements, but also want beautiful offices that meet their environmental standards.”

“With Grade A specs and a LEED Gold certification, we expect Grand Terra – 36 Cat Linh will meet the demand for high-quality offices and will be popular with leading domestic and foreign businesses.” – Ms Minh added.

Handover is scheduled for August 2023, with the official opening in December 2023. Savills is the exclusive marketing and leasing agent for Grand Terra.

To receive more information and consultancy on the project, please contact Savills at 0948 000 468 or Leasing.Hanoi@savills.com.vn.

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