Initially based in Ho Chi Minh City, Chestertons will establish a full-service real estate agency in Vietnam with a research and consultancy approach to industrial services and a new methodology for office tenant and landlord representation.

These services are enhanced with global expertise in international property sales and their private office platform to provide clients with unique standards.

Vietnam represents the next stage of the agency’s significant global growth and further strengthens its position in Asia.

Due to launch in May and headed by Tam Nguyen in the position of principal and Tony Picon as executive director, the new team comprises real estate professionals with years of proven expertise in their respective fields, specialising in commercial and industrial property, as well as residential, retail, leisure, and new mixed-use developments.

Chestertons now forays into Vietnam

The team looks forward to expanding across Vietnam’s real estate industry in collaboration with Chestertons and representing Asia’s most prestigious properties and new developments. This will be supported by both a China and South Korea desk to better serve these neighbouring markets.

Chestertons Vietnam aims to provide expert advice on the full real estate lifecycle utilising local and international experts to deliver new opportunities and solutions.

They will bring the latest prop-tech and innovative approach to the market with deep local knowledge as well as personalised customer services.

According to Salah Mussa, chairman of Chestertons,Vietnam is an exciting growth market which makes it appealing to international investors.

“Vietnam’s dynamic business scene boasts successful startups and large industrial players, a young and highly skilled workforce, and attractive opportunities for investment and growth,” said Mussa.

“By bringing a research and consultancy approach to the market we can provide a higher level of personalised service to our clients.”

Tony Picon, executive director of Chestertons Vietnam commented, “We are proud to join the Chestertons global family. The brand comes with a reputation and long history, expertise and credibility which will open many doors and opportunities for us.”

Tony believes that Vietnam is becoming a go-to location for manufacturers attracted by its young, dynamic population, strategic location, and an abundance of free trade agreements. “The move towards an advanced economy over the coming decades will represent a glorious chapter of Vietnam’s history and we wish to be part of the story,” he added.

Tony further said, “Our team is passionate about research and leveraging knowledge as well as experience to generate value for customers, support development, therefore making a difference in how real estate is transacted.”

Gavin Vercoe, COO of Chestertons, expects that the Vietnam office will boost Chestertons' expansion plans and help provide critical mass across their growing regional network which includes Cambodia, South Korea, Singapore, India, and Malaysia.

The Chestertons network comprises over 100 offices across the globe, employing more than a thousand experienced real estate professionals and combining local expertise with a global mindset.

Chestertons was founded in 1805 and today offers its franchise partners and agents unrivalled operational, marketing, recruitment, educational, and business development resources. The franchise is comprised of a partner network, where each territory is independently owned and operated.