# Hanoi Grade A office stock hits 652,00sqm in Q2

- **Source:** Real Estate Asia
- **Published:** 2026-08-18T23:06:00.000Z
- **Author:** Staff Reporter
- **Original:** https://realestateasia.com/commercial-office/news/hanoi-grade-office-stock-hits-65200sqm-in-q2
- **Topics:** Commercial & Industrial

## Featured rationale

The supply surge may strengthen tenants’ negotiating position and increase pressure on older buildings to upgrade assets and refine leasing strategies, particularly as West Westlake expands.

## AI summary

Hanoi’s Grade A office stock reached 652,000 sq m in Q2 after IFC Hanoi added 60,000 sq m, lifting vacancy by 7 percentage points to 26.2%.

## Original article

The new IFC Hanoi added 60,000sqm of net leasable area.

Hanoi's Grade A office market recorded positive net absorption in the first half of 2026, led by demand outside the central business district (CBD), according to JLL. Quarterly net absorption reached 2,600 sq m in Q2, taking the H1 total to 3,200 sq m.

JLL said the CBD continued to face challenges in Q2, including cyclical tenant departures as leases expired. However, demand for newly completed buildings in non-CBD locations kept overall market absorption positive.

The city's Grade A office stock reached 652,000 sq m of net leasable area (NLA) by the end of Q2 following the completion of IFC Hanoi, which added 60,000 sq m of NLA in the West Westlake cluster. The LEED Gold-targeted mixed-use project offers premium amenities and represents a significant addition to the non-CBD market, JLL noted.

The influx of space temporarily pushed Hanoi's overall office vacancy rate to 26.2% in Q2, up 7 percentage points from 19.2% in Q1, as the market works through the newly available stock.

Rental trends diverged between the CBD and non-CBD markets. JLL said most existing buildings kept net effective rents unchanged during the quarter to remain competitive and retain tenants ahead of further supply. Grade A net effective rents in the CBD remained at USD 32.7 per sq m per month, while non-CBD rents rose 2.4% quarter-on-quarter to USD 24.1 per sq m per month, partly because new buildings entered the market at above-average rents.

Looking ahead, JLL expects the substantial five-year supply pipeline in West Westlake to reshape Hanoi's office market. With much of the future non-CBD supply concentrated in the cluster, tenants will have more access to modern, amenity-rich offices.

The consultancy expects older buildings across Hanoi to face greater competitive pressure as a result, potentially prompting landlords to upgrade assets and refine leasing strategies to attract and retain occupiers.

## Chinese translation

> Translation model: grok_cli

### 河内甲级写字楼存量第二季度达652,00平方米

据称，2026年上半年河内甲级写字楼市场录得正净吸纳，由中央商务区（CBD）以外的需求引领

新建的IFC Hanoi新增净可出租面积60,000平方米。

据仲量联行（JLL）称，2026年上半年河内甲级写字楼市场录得正净吸纳，由中央商务区（CBD）以外的需求引领。第二季度季度净吸纳达2,600平方米，使上半年总额达到3,200平方米。

仲量联行表示，中央商务区在第二季度继续面临挑战，包括租约到期带来的周期性租户撤离。不过，非中央商务区新建楼宇的需求使整体市场吸纳保持为正。

随着IFC Hanoi完工，该市甲级写字楼存量至第二季度末达到净可出租面积（NLA）652,000平方米，该项目在西西湖（West Westlake）集群新增60,000平方米净可出租面积。仲量联行指出，这一目标获得LEED金级认证的综合用途项目提供高端配套，是非中央商务区市场的重要新增供应。

新增空间的涌入暂时将河内整体写字楼空置率推高至第二季度的26.2%，较第一季度的19.2%上升7个百分点，市场正消化新近可用的存量。

租金走势在中央商务区与非中央商务区市场出现分化。仲量联行表示，多数现有楼宇本季度维持净有效租金不变，以在更多供应到来前保持竞争力并留住租户。中央商务区甲级净有效租金维持在每月每平方米32.7美元，非中央商务区租金则环比上涨2.4%，至每月每平方米24.1美元，部分原因是新楼宇以高于平均水平的租金入市。

展望未来，仲量联行预计西西湖庞大的五年供应管线将重塑河内写字楼市场。由于未来大量非中央商务区供应集中于该集群，租户将更容易获得现代化、配套丰富的办公空间。

该咨询机构预计，因此河内全市较旧楼宇将面临更大竞争压力，可能促使业主升级资产并优化租赁策略，以吸引并留住租户。