The Genesis of Indochina Kajima
Established in 2016, Indochina Kajima represents an exciting partnership between Indochina Capital, one of Vietnam’s leading real estate developers, and Kajima Corporation, a major Japanese general contractor and overseas real estate developer. This joint venture combines deep local knowledge with a wealth of global experience, positioning Indochina Kajima to thrive in Vietnam’s vibrant real estate market while setting sights on regional expansion.
Dual Platforms for Growth
Since its inception, Indochina Kajima has rolled out two major platforms: Wink Hotel and Core5 Vietnam. These initiatives reflect the company’s strong commitment to innovation in hospitality and industrial real estate, aiming not just for growth but for positive impacts on communities and environments.
Wink Hotel: Affordable Luxury Redefined
Wink Hotel is a distinctive Vietnamese hospitality brand that embodies a bold, playful approach to affordable luxury. It caters to modern, aspirational travelers, seamlessly blending traditional Vietnamese styles with contemporary design elements. Here, visitors can experience chic, space-smart rooms equipped for ultimate comfort. Each room features:
- A high-quality Wink mattress and luxurious linens
- Power showers for a refreshing start to the day
- Smart TVs that connect wirelessly with mobile devices
- Artistic blackout blinds showcasing work from prominent local artists
The hotel experience is designed to be immersive and unforgettable, encapsulating the essence of both luxury and locality.
The Community-Centric Wink Space
At the center of Wink Hotel is its multifunctional lobby, known as Wink Space. This vibrant area not only serves as a welcome hub for guests but also as a platform for local art and culture. The lobby boasts a stunning 3D multipanel work by renowned Vietnamese artist Nguyen The Son, designed to reflect the local neighborhood. Moreover, guests can indulge in the best of local street food, further immersing themselves in the Vietnamese culture.
Peter Ryder, CEO of Indochina Capital, envisions a chain of 20 Wink Hotels across Vietnam and strategically chosen locations in Southeast Asia, including Singapore, Cambodia, and Laos, expanding even further into other parts of the world.
Core5 Vietnam: Industrial Development with a Vision
In addition to the hospitality sector, Indochina Kajima spearheads Core5 Vietnam, an industrial real estate development platform aimed at creating world-class factories and warehouses. The concept takes inspiration from Core5 Industrial Partners, a premier U.S. industrial brand owned by Kajima. In Vietnam, Core5 Vietnam oversees an expansive development portfolio covering 80 hectares of land, which includes seven prime projects in northern Vietnam and one in the southern region.
More Than Just Industrial Parks
Ryder describes the projects under Core5 Vietnam as more than mere industrial parks—they represent a concept termed as a “factory village.” This innovative approach promotes environmental sustainability, community health, and engagement, making it easier for tenants to attract and retain quality talent.
Indochina Kajima holds a firm belief in the long-term fundamentals of the Vietnamese economy. The company is dedicated to rolling out design-driven and sustainable developments that pave the way for future growth in both the hospitality and industrial sectors.
A Commitment to Sustainable Development
Indochina Kajima’s projects are rooted not only in the desire for economic profit but also in the commitment to creating spaces that enhance the living and working environments of communities. They aim to integrate sustainability into every aspect of development, ensuring that their impact is both positive and lasting.

