News release

JLL appointed as the exclusive leasing agent for L’MAK Tower

The L’MAK Tower is expected to open its doors in the second quarter of 2021

December 05, 2020

JLL is pleased to announce the successful Signing Ceremony between L'MAK Investment Joint Stock Company and JLL Vietnam Co., Ltd., to appoint JLL as the exclusive consultant and leasing agent for L'MAK Tower. The L’MAK Tower office building project is expected to officially open its doors in the second quarter of 2021.

Located on Nguyen Cuu Van Street, Binh Thanh District, along the main road leading to the city center, L'MAK Tower will provide approximately 6,500 square meters of office space to the HCMC market with a total of 17 floors and 2 basements. The building's architecture is a mix of modernity and sustainability, designed to optimise the business experience with the professional management system from Esta Property Management.

Mr. Nguyen Hoang Nam, CEO of L’MAK Tower, commented: ‘Our cooperation with JLL is an important milestone in the group's commercial real estate development strategy. By 2022, we expect to launch 10 L’MAK-branded buildings with a total office floor area of 40,000 square meters.’

Mr. Paul Fisher, Country Head of JLL Vietnam shared: ‘JLL is proud to provide exclusive leasing services for L’MAK Tower. The current office occupancy rate across Ho Chi Minh City is higher than 93%, which has posed challenges for tenants who want to find high quality space in a boutique office building like L’MAK Tower. We look forward to building a long-term and successful partnership with L’MAK, and achieving a high occupancy rate before the project goes live.’

About JLL

JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. JLL shapes the future of real estate for a better world by using the most advanced technology to create rewarding opportunities, amazing spaces and sustainable real estate solutions for our clients, our people and our communities. JLL is a Fortune 500 company with annual revenue of $18.0 billion in 2019, operations in over 80 countries and a global workforce of nearly 92,000 as of September 30, 2020. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. JLL has one of the most active leasing teams in Vietnam dealing with many Fortune 500 and MNC’s led by Trang Bui, Head of Markets Vietnam.

About L'MAK

L'MAK aims to be the pioneer in Investment Consulting and Commercial Real Estate Development in Vietnam, with a contained process: Finding the right land fund - Design - Construction & Supervision - Sales - Operations management. At the same time, the company is working to launch many projects in areas in Ho Chi Minh City in 2021. L'MAK Investment Joint Stock Company is constantly looking for land funds of over 500 square meters to cooperate and develop projects, optimise management and operation in a safe and professional way.