mai hien

FM Logistic expands coverage in Vietnam

Monday, 26 February 2018 09:27

FM Logistic is one of the leading companies in the field of international supply chain (warehousing, transportation and packaging) and has two large leasing and purchasing businesses in the North, under the advice of Cushman & Wakefield.

 Cushman & Wakefield successfully advised FM Logistic to lease the first warehouse located in Bac Ninh. The selected site will provide warehouses with an area of ​​5,000 m2 to serve FM Logistic customers.

Cushman & Wakefield also advised FM Logistic to acquire 50,000 m2 of land in the North to build the first European standard warehouse in Vietnam. This is part of the "Ambition 2022" plan to expand coverage to support the growth of our customers.

Stéphane Descarpentries, FM Logistics's Asia Managing Director, said: "In line with our strategy, our goal is to By 2020, it will become one of the leading warehouse suppliers in the Vietnamese market and develop integrated solutions to create value for customers”.

"The logistics industry in Vietnam is growing rapidly with the expansion of the leading names in the world, many of whom are Cushman & Wakefield's clients. This is a great time for businesses in the real estate industry and warehousing. 2017 is also the record year for our dealings in this field, "said Alex Crane, CEO of Cushman & Wakefield Vietnam.