16:30 | 18/12/2013 Companies
(VEN) - On December 13, the Hoa Binh Construction and Real Estate Corporation or Hoa Binh Corporation (HBC) officially inaugurated its new office based in the Pax Sky Building, 123 Nguyen Dinh Chieu, Ward 6, District 3, Ho Chi Minh City.
The Pax Sky Building consists of 12 storeys, located in the center of District 3. Its investor is the Real Estate Joint Stock Company No. 7 (Resco 7). The Hoa Binh House Corporation (HBH), a member of the Hoa Binh Corporation, is its secondary investor. The HBH also acts as a marketing unit and sole lessor for Pax Sky.
The Hoa Binh Corporation has undergone 26 years of development. As one of the most reputable construction contractors in Vietnam, it is expanding its operations abroad. The corporation currently has 10 member companies operating in construction-related fields. Moving its headquarters to the new address will facilitate HBC’s transactions with customers as well as management activities, helping the corporation increase productivity.
Apart from the office of the Hoa Binh Corporation, the HBH has leased out 100 percent of the floor area (4,350sq.m) of the building to reputable brands such as the Bank for Investment and Development of Vietnam (BIDV), Hisamitsu Vietnam, Fuji Electric, Jesco Hoa Binh, and Cleverlearn English Center just in the first seven months of 2013, five months ahead of schedule. Based on this initial success, the HBH is confident of its ability to be firmly positioned in the real estate market. In the time to come, the corporation will continue to go side by side with many real estate investors, especially in the field of office for rent./.