Yangon, Burma -- (SBWIRE) -- 12/10/2014 -- SLADE PROPERTY SERVICES (Myanmar) Ltd ("SPS") has been appointed as the exclusive marketing and leasing agent for Vantage Tower by Myint & Associates Construction Company Ltd.
Vantage Tower, a 236,144 sqft (21,938 sqm) GFA mixed-use building that is due for completion in March 2015, is located on the prestigious Pyay Road over-looking the western edge of Inya Lake, Yangon's most scenic area. The building, built by Myint & Associates Construction Company Limited, will consist of two joined components;
Tower A, an 18 storey mixed-use tower that will provide approximately 15,250 sqft (1,420 sqm) of luxurious residential penthouse accommodation, split over 3x 3-bedroom penthouse units, on the top two floors, approximately 100,000 sqft (9,290 sqm) of prime office accommodation, ground floor and 1st floor café and high-end restaurant facilities and;
Tower B, an Uptime Institute Tier III certified Data Centre, offering 90 racks of server co-location storage space and world-class support services, and 6 level multi-storey car park that is designed to hold 160 cars.
The building includes two basement levels that will be used for car parking.
Vantage Tower will also offer supporting facilities for the tenants within the building, including a number of meeting rooms and a 4,300 sqft function area for hire by the hour.
"One of the main differentiating factors of this property", says Hugo Slade, Managing Director and Founder of Slade Property Services, "is the high quality building specification, which has been designed on a par with highest international grade properties that you would find in neighboring commercial hubs. The Tier III Data Centre, certified by the Uptime Institute of the USA, the high-speed point-to-point fibre optic internet connection and the high-tech security systems that are being implemented make this building one of the most attractive options for international and domestic companies a-like." Slade, a member of the Royal Institute of Chartered Surveyors (RICS), has been operational in Myanmar since August 2013 and has grown his business in order to tackle the demand for professional real estate advisory services that he has received in Myanmar, saying, "It has been a fast paced year. The business has grown organically in order to be able to stay on top of demand for services. I am very happy with the way the past year has gone and I look forward to growing the business further by bringing on more talent so that we can offer additional services to our clients." The SPS MD adds, "The Vantage Tower contract is a fantastic win for us. The project is set to be one of the best locations in town and with limited space and floor-plates of approximately 8,900 sqft (825 sqm), it provides exclusivity and we are receiving good demand. I hope to go on and win more projects like this over the next few years."
"We are pleased to appoint Slade Property Services (SPS) as our exclusive leasing agent for the property," stated U Soe Khine, General Manager of Myint & Associates. U Soe Khine also mentioned that "we are now nearing our goal of driving progress in this nation through realizing the successful completion of Vantage Tower, the nation's first Grade A commercial development project."
Vantage Tower will be the future commercial headquarters of the developer and its affiliate companies within the MPRL E&P Group of Companies. Myint & Associates and MPRL E&P will occupy 6 floors out of the available 18. The remaining available office space for lease is relatively small at approximately 50,000 sqft (4,650 sqm), which is one of the reasons why the property is generating a lot of interest from large space occupiers. For more details visit http://www.sps-myanmar.com/
Slade Property Services
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