Cushman & Wakefield: Southern Vietnam industrial real estate occupancy holds steady in Q2 2026

Infrastructure buildout underpins the 2026-2028 outlook; developers target 1.1 million sqm of new factories and 680,000 sqm of new warehouses.

Cushman & Wakefield flagged stable industrial real estate fundamentals in southern Vietnam in Q2 2026, with occupancy steady across industrial land, factories, and warehouses.

• Industrial land supply held at 36,063 ha; occupancy rose to 76.3%; average asking rent eased to USD 186.4 per sqm.
• Ready-built factory stock climbed 0.8% to 6.85 million sqm; occupancy stayed near 92%; average rent ticked up to USD 4.9 per sqm/month.
• Ready-built warehouse supply stayed near 6.6 million sqm; occupancy edged down to 91.6%; average rent increased to USD 4.6 per sqm/month.