Storage warehouse for rent in Southeast Asia is a service that a lot of domestic and foreign businesses are seeking, considering that the region is seeing an impressive economic recovery after the pandemic. Savills Vietnam will help you find out more about the warehouse rental market, and get yourself an affordable warehouse at a favorable location in Vietnam.
Why should businesses rent a storage warehouse in Southeast Asia?
The economic engines of Southeast Asian countries were off to a roaring start in the first half of 2022. The countries saw great economic recovery and growth after two years of the pandemic. Export activities are picking up, and the region is seeing many foreign businesses investing in it.
Great connectivity, supply chains’ fast recovery and policy reform after the pandemic have helped the countries achieve one of the fastest recovery rates in the world.
The recovery of supply chains is helping businesses grow strongly.
According to economic expert, countries in Southeast Asia will continue to receive a great deal of FDI from multinational corporations from the US, EU, and even other countries in the region. This in turn will facilitate the region’s economic recovery even further.
The Asia Development Bank forecasted that ASEAN’s economic growth will reach 4.8% by the end of the year and 5.2% by 2023.
Storage warehouse rental service, with pre-built infrastructure and equipment, can be a great way to help businesses test the waters in new foreign markets.
Vietnam – The International Trade Hub for Regional Markets
Vietnam is an important land-sea trade hub for land-sea trade between countries in Southeast Asia and Asia, meaning that investors here can easily expand their businesses and export to other countries.
There is a rising trend of companies moving their production away from China to Vietnam, which is a great opportunity for economic development. As of the time of writing, many companies, such as Apple, Foxconn, Luxshare, Samsung, and LG, have relocated their factories to Vietnam.
Vietnam is one of the fastest growing economies in the region, with its GDP in the first half of 2022 growing by 6.42% year-on-year. The consumer price index in the period also grew by 3.37%.
Vietnam’s opening up to international trade and the Government’s favourable policies are facilitating stable economic development despite global inflation.
Vietnam’s imports and exports are expected to grow strongly in the near future.
Thanks to Vietnam’s free trade agreements with other economies, in the first half of the year, the country’s import and export turnover reached over $371.3 billion. Exports exceeded $186 billion, a 17.3 percent increase year on year.
The above factors have made Vietnam an attractive FDI magnet for many foreign investors, leading to a rise in warehouse demand for storing goods for their business operations.
Read more: Things of Note for the Need to Leasing a Medium-sized Factory in Southeast Asia
Savills Industrial’s storage warehouse rental service in South East Asia offers a comprehensive and wide selection that covers various needs
Savills Industrial is a supplier of storage warehouses for rent in Vietnam, currently working with many satisfied customers such as Shopee, Saodo Group, and Medtronic. The company has provided over 99,164m2 of warehouses for rent and sold over 77.411m2 of warehouses.
Savills Vietnam’s warehouses for rent cover many provinces, come in a wide variety of sizes, and offer full built-in infrastructure, which will play an important role in any business’s operation.
Here are some noteworthy storage warehouses available:
SBN-FW15 Storage warehouse for rent in Yen Phong, Bac Ninh
– Total area: 150.000 m²
– Minimum rent term: 3 years
– Warehouse area: 812-20.000 m2
– Floor loading capacity: 1.5-2.5 tonnes/m2
– Ceiling height: 8.7-10m
Storage warehouse for rent in Yen Phong, Bac Ninh
Storage warehouse for rent in Pho Yen, Thai Nguyen
– Total area: 120.000 m²
– Minimum rent term: 03 years
– Rental fee: $4.3/m2/quarter
– Floor loading capacity: 2t/m2
– Ceiling height: 6.5 – 10m
Storage warehouse for rent in Pho Yen, Thai Nguyen
Storage warehouse for rent in Lien Chieu District, Da Nang
– Total area: 5.300m2
– Minimum rent term: 2 years
– Warehouse area: 2,000 sqm
– Road infrastructure: Main road 34.5m wide; side road 16.5m wide
Storage warehouse for rent in Lien Chieu District, Da Nang
Storage warehouse for rent in Binh Tan District, HCM City
– Total area: 11915 m²
– Minimum rent term: 03 years
– Rental fee: $7/m2/quarter
– Floor loading capacity: 1t/m2
– Ceiling height: 4 – 4.5m
Storage warehouse for rent in Binh Tan District, HCM City
Storage warehouse for rent in Long An
– Total area: 25.450 m²
– Minimum rent term: 03 years
– Rental fee: $5.1/m2/quarter
– Floor loading capacity: 2t/m2
– Ceiling height: 6m
Storage warehouse for rent in Long An
Read more: Benefits that warehouse service providers in Vietnam can bring
Conclusion
Vietnam has all the right elements in terms of economic development, investment, infrastructure and policies to attract foreign businesses. Its location is suitable for trading with other regional countries, so having a storage warehouse here ensures that goods transportation can be carried out easily. Vietnam’s highly skilled workforce and each region’s supportive policies can make it easier for investors here to trade and do business.
If you are interested in our storage warehouse rental service in Southeast Asia, please contact Mr John Campbell via hotline: 0986.718.337 or get in touch with Savills Việt Nam to receive detailed consultation on warehouses for rent in Vietnam.
In addition, you can find out more about our other industrial real estate products here.
