Cushman & wakefield retail services appointed as a sole agent for The Bodyshop

The Bodyshop
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The Challenge

After the successful transaction for The Body Shop on Hai Ba Trung street, District 1, Ho Chi Minh City, Cushman & Wakefield Retail Services has been continuously appointed as a sole agent to find a 200 sq.m store on Nguyen Trai street, District 5 in Ho Chi Minh City.

The desired location was very limited as it must be near The Face Shop and among of fashion and cosmetic stores on Nguyen Trai street. 

The Solution

Cushman & Wakefield Retail team had searched and proposed an option of 4 sites for The Body Shop and after inspection, one was selected but then the negotiation was ceased due to both couldn’t reach agreement for the payment term & escalation rate.

Couple weeks later, Cushman & Wakefield successfully found a premise in a good location which opposite The Face shop and met all The Body Shop’s criteria 

The Results

After 2 months of search & negotiation, Cushman & Wakefield completed the deal and help The Body Shop secure the premises with all the terms they wished for.

The store will be opened in Q3. 2015.