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HO CHI MINH CITY, VIETNAM-The Centre Point Office Tower, a building that is considered to be the first grade A office building to be sold on the open market in Vietnam is on the market. It is one of the only buildings in Ho Chi Minh City built to an Australian Green Star Environment rating.

Jones Lang LaSalle Inc. is marketing the 306,771-square-foot building comprised of 15 levels of offices and two levels of retail space and points out that being sold in the open market presents investors with a prime opportunity to acquire a high quality asset via a formal campaign. “It is a very high yielding investment relative to other parts of Asia and is expected to sell at a low price in comparison to other markets in the region,” says JLL. The company tells GlobeSt.com that the price for the Vietnam office black is $60 million and interested investors so far are “all Asian based groups—two from Singapore; one from Hong Kong; and one from Japan.”

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