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News Release

Vietnam

IMG Corporation celebrates groundbreaking ceremony on their new office development, IMG Airlines Building, Ho Chi Minh City

JLL is appointed as exclusive marketing and leasing agent for the IMG Airlines Building


​​Ho Chi Minh City, March 23, 2017 – IMG Corporation organized a groundbreaking ceremony for the IMG Airlines Building at 371 Nguyen Kiem Street, Go Vap District. The ceremony attracted attention from over 200 guests, including the Chairman of the Go Vap District's People's Committee, business partners, news media and future tenants.

 

IMG Corporation has many subsidiaries, operating mainly in the legal, finance, investment, immigration, communication, airlines, and energy sectors. The IMG Airlines Building project is a part of the sustainable development strategy of IMG Corporation, establishing a foundation to launch IMG Logistics, which will be a pioneer in providing complete, uniformed logistic solutions. The project is positioned next to Pham Van Dong Boulevard, Tan Son Nhat airport, and 20 minutes away from the city center.  The office building will comprise of approximately 30,000 square meters GFA, designed with a large open floor plan, centralized air systems, and international standard property management. IMG Airlines Building will provide the complete package, from office space to complimentary service for logistic, transportation companies. The project will drastically reshape the business landscape in the Tan Son Nhat Area.  It is expected to complete in the third quarter of 2018.

During the groundbreaking ceremony, IMG and JLL signed an exclusive agreement, appointing JLL to provide marketing and leasing services for the IMG Airlines Building, with the intent to introduce multinational companies to the fast growing Go Vap District.

Ms. Nguyen Thi Thu Hien, chairwoman of IMG shared: ""IMG Airlines Building is designed based on our company's aspiration: applying green technology, using solar energy to supply electricity to the project. We hope that our tenants will share our environmental friendly vision, and contribute to build a professional working atmosphere at IMG. After careful consideration, we decide to choose JLL Vietnam to provide leasing and management services, because we believe in the experienced and dedication of the JLL staff, who always work to achieve the highest level of professional client care".

Mr. Stephen Wyatt, Country Head of JLL Vietnam, said: "JLL is very proud to have been appointed by IMG to provide exclusive leasing and management services. Currently, office vacancy rates across the city have reached an all-time high at 95%. Therefore, occupiers are struggling to find good quality office building such as IMG Airlines. We look forward to building a long and successful relationship with IMG and achieve high occupancy rates prior to completion".

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