Hanoi, March 18 -- The capital's retail market is showing signs of strong recovery, with the Starlake urban area in Tay Ho Tay (the west of West Lake) emerging as a new highlight thanks to its integrated planning, improving infrastructure and growing interest from international brands. According to the latest data from Savills Vietnam, Hanoi's retail market continues to improve in both demand and rental performance. The city's total modern retail supply now stands at around 1.7 million square metres, with shopping centres accounting for the largest share. Market-wide occupancy has reached approximately 85%, supported by repositioning and refurbishment at many existing malls. Average ground-floor rents have risen by about 6% year on year, ...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.