VIETNAM, 19 May 2017 – Tai Nguyen Corporation, one of the leading developers in the Vietnam real estate market, has successfully organized an Announcement Ceremony of Kenton Node at 116A Nguyen Huu Tho, Nha Be District, Ho Chi Minh City. The ceremony attracted the attention from over 200 guests including the Chairman of several city departments, People’s Committee, agency, retail partners, media, and clients of the project.
The Kenton Node is one of the largest mixed-used developments in the South Saigon with a total area of 84,000 square meter including 5-star hotel, high-end retail center, office, officetel, residential units, with amenities such as: entertainment center, marina, river walk, park, hospital, international school,…
During the Announcement Ceremony, Tai Nguyen Corp and JLL signed an exclusive agreement, appointing JLL to provide retail consultancy and leasing services for the Kenton Node. The total space of the retail podium will amount to 30,000 sq. m, with established fashion brands and restaurants, extensive leisure & entertainment space, including a multiplex cinema, fitness facilities and children’s entertainment features. For the convenience of shoppers, the project will offer above and underground parking, with more than 5.000 parking space. The opening of Kenton Node is planned for third quarter of 2017.
Mr. Vu Anh Tam, Chairman cum CEO of Tai Nguyen Corporation comments: “Our company implements each project with great responsibility, because we believe that development should not only consists of the physical construction of a property, but also creates comfortable living environment. That is why with Kenton Node, we pay great attention to architecture and design solutions.
We invest in creating comfortable common areas to meet international standard. Beyond that, with the innovative River Walk, the project will transform the shopping centre into a cultural and recreational space for residents of the Complex as well as the surrounding area. We believe that a project of this scale will become a centre of attraction for the entire South Saigon and will join the ranks of the most successful shopping and entertainment centres in Vietnam.”
Mr. Stephen Wyatt, Country Head of JLL comments: “As the economy gathers pace, we are seeing a wave of shopping centre developments that will introduce very different concepts to cater for a new generation of more demanding consumers that are searching for a genuine retail experience. Many retailers and F&B operators have a strong appetite to find good quality, modern, professionally managed retail space. Tai Nguyen Corp will develop a true shopping/entertainment experience that will attract consumers from far and wide and JLL is delighted to be part of this exciting development”.
Ms. Trang Bui, Head of Vietnam Markets of JLL comments: “Our continued partnership with Tai Nguyen will enable Kenton Node to benefit from the firm’s global service delivery models and will provide them with a real estate solution which is integrated to the needs of a large and diverse property portfolio holding”.
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