Savills Vietnam launches Korean desk in Hanoi

By Tay Lan - Jul 10, 2019 | 10:18 AM GMT+7

TheLEADERSavills Vietnam has launched its new Korean desk to assist a wide range of Korean enterprises across its full range of real estate services in Vietnam, appointing Hyojin Kim as head of Korean desk in Hanoi.

Savills Vietnam launches Korean desk in Hanoi
Hyojin Kim, head of Korean desk in Hanoi

As head of Korean desk, Kim will expand Savills Vietnam Korean client network and provide them with comprehensive consultations about Vietnam real estate market and its wide range of property sectors. Her primary focus at the moment is business development and commercial leasing where she will work as a direct liaison between Korean office and retail occupiers and Savills leasing services and commercial property landlords.

According to Matthew Powell, director of Savills Hanoi, Korean clients and enterprises are playing an increasingly significant role in Vietnam property market. According to the Ministry of Planning and Investment, in the first half of 2019 Korea was the second largest foreign direct investors in Vietnam with $2.73 billion inflow, accounting for 14.8 per cent of total registered FDI.

With more than 24 years of experiences, Savills has a long history of working with many Korean clients in Vietnam including many corporate occupiers, real estate investors, property developers, retailers, and other professional service providers. A specialised service offering for Korean clients and enterprises has become essential to Savills’ business in Vietnam.

“That is why our Korean desk was set up. With Kim taking lead, our real estate services are expected to reach Korean clients extensively and intensively. This addition will certainly help Savills consolidate its position as a global real estate practice with in-depth local market expertise,” said Powell.

“I am very pleased to join the team here at Savills Vietnam and look forward to working with our Korean clients to assist them with their real estate requirements. This position acts as a point of contact, which will help me deeply understand their business needs and how Savills will be best placed to help them. I expect our Korean desk to add further depth to the services that we can offer our Korean clients,” said Kim.

Savills Vietnam is the largest and most experienced real estate practice with offices in Hanoi, Danang and Ho Chi Minh City. Being a part of a 600 – office global network in 60 countries, the company innovative full service agency delivers best in class to both local and international clients. Currently, Savills Vietnam consists of over 1,400 experienced and professional staff nationwide and keeps expanding further.