Illustrative image (Photo: VNA) Hanoi (VNA) – Investors are looking for industrial and logistics assets via forming joint-ventures with local industrial property developers or purchasing land and operating real estate, according to Jones LaSalle Vietnam Co. Ltd. The company further said mergers and acquisitions (M & A) in real estate is a bright spot in the market. The shortage of high-tech assets, modern warehouses and strong demand from businesses are promoting the potential of domestic industrial realty market. It said asset quality, lease price growth, transaction size and remaining time of land use rights are key factors that investors consider. Property experts said foreign investors continue showing interest in the Vietnamese real estate market, proving the strong growth of M & A market. Though M & A activities could slow down in the two remaining quarters, the Government’s existing policies will improve the market’s … [Read more...] about Real estate M & A attractive to investors
Angelo gordon real estate
The Hanoitimes - Quality of assets, rental growth, deal size, and land tenure are decisive for investment choices. Three investment strategies in Vietnam industrial real estate sector What makes Vietnam’s industrial real estate most attractive in 2019? Vietnam real estate market most attractive in Southeast Asia: Japan investors How does Trump-Kim summit affect Vietnam’s real estate market? Vietnam’s strong economic growth in the first six months of 2019 has fueled the real estate sector through a series of merger and acquisition (M&A) deals. Many M&As in Vietnam real estate sector in H1/2019 The good sight results from good macroeconomic fundamentals in the first half (H1) namely GDP growth rate of 6.8%, inflation stable at 3% against the same period last year, pledged foreign direct investment (FDI) at US$18.47 billion, and record import-export turnover at US$245 billion. In addition, strong sentiment from the … [Read more...] about What are the highlights of real estate M&As in Vietnam in H1?
A view of Hà Nội. Lack of information on real estate supply was blamed for land fevers and price manipulation practices. — VNA Photo HÀ NỘI — An official channel that will provide Việt Nam’s real estate businesses with information such as the number of licensed projects and projects awaiting licenses in a given area is being developed by the Department of Properties and Real Estate Management under the Ministry of Construction and the Vietnam National Real Estate Association (VNREA). Official sources said a pilot programme is underway to collect data from six chosen cities across the country, namely Hà Nội, HCM City, Đà Nẵng, Hải Phòng, Khánh Hòa and Cần Thơ. While the number may be few, the cities account for 80-90 per cent of the country’s total real estate transactions. The channel was created to address one of the glaring shortcomings of the real estate … [Read more...] about Official channel to feed real estate market with supply info
Total registered FDI in Vietnam’s real estate sector in the first half of 2019 stood at $1.32 billion, a fall of 76 per cent compared to the same period of 2018, which stood at $5.54 billion, according to the latest report from real estate consultants JLL. This is largely due to the substantial amount of capital for real estate in the first half of 2018, primarily in two projects: Smart City in Hanoi, with total investment of $4.1 billion from the Sumitomo Corporation, and additional capital of $1.1 billion in the Laguna project in central Thua Thien Hue province from a Singaporean investor. Though lower than in the first half of last year, registered FDI into real estate in the first half of this year was still higher than in the first halves of 2016 and 2017, when it stood at some $600 million and $700 million, respectively. “We expect foreign investors to continue showing a keen interest in and strong commitment to Vietnam’s real estate market, and that the … [Read more...] about JLL: Real estate FDI in 1H down but potential remains
This was the projection made by analysts at the annual Vietnam Mergers and Acquisition Forum (MAF) this week, the country’s biggest M&A and investment networking event. Nguyen Thi Van Khanh, Investment Director at JLL Vietnam, told VnExpress that investors are switching to M&A in the real estate market since it has become more and more difficult to find real estate projects not affected by procedures related to compensation and resettlement of affected people. Singaporean property developer Keppel Land has announced plans to acquire 60 percent stake in the ownership of three land lots measuring 6.2 hectares (15.3 acres) in Ho Chi Minh City via a $56 million acquisition deal between its subsidiary and Phu Long company. Lottle Land, the property subsidiary of South Korea’s Lotte Group, has joined hands with conglomerate FLC to establish Lotte FLC Joint Stock Company. Khanh’s statement was corroborated by experts at MAF who said issues related to land ownership … [Read more...] about Consumers goods, retail, real estate continue to lead M&A market