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