According to economic expert Can Van Luc, there are many factors that positively affect the real estate market including the relatively good economic recovery, the acceleration of the program of socio-economic recovery and development 2022-2023, and public investment. In addition, legal issues have been and are being resolved while interest rates and basic exchange rates were stable despite strong upward pressure. In particular, the credit market is having bright spots. From now until the end of the year, there will still be a new credit wave for good property projects and by 2023 there will be a new credit room. However, challenges still remain because the economic recovery is not sustainable and the supply is not immediately abundant whereas the prices of energy and raw materials also increased. The Government and responsible agencies have been tightening management of the corporate bond market. Regarding specific developments in the market, a representative of CBRE Group … [Read more...] about Experts forecast real estate market for next year
Industries real estate
Vietlog Industrial breaks ground on flagship warehouse in Hung Yen
Strategically located on a 4.17ha land plot in Minh Quang Industrial Park, My Hao commune, Hung Yen province , the project is easily accessible to the National Highway No.5A, Haiphong Port, and Noi Bai International Airport, facilitating the import and export of goods. This location is also close to successful industrial parks in Pho Noi and Yen My districts, Hung Yen. Upon completion by the first quarter of 2023, VLI Hung Yen will feature 29,000 square metres of Grade A warehouses with modern standards. At the groundbreaking ceremony, Alex Lin, co-founder of Skymont Capital said, “VLI Hung Yen marks a new milestone for us in the Vietnamese industrial warehouse market, representing our commitment to our investors, partners, customers, and local authorities in developing world-class industrial warehouses in Vietnam.” The future VLI Hung Yen This company has also officially appointed CBRE Vietnam to become the exclusive marketing and leasing consultant … [Read more...] about Vietlog Industrial breaks ground on flagship warehouse in Hung Yen
Gaw Capital to increase its footprint in Southeast Asia
Hongkong-based private equity fund Gaw Capital is betting on the Southeast Asian market According to Herbin Koh, director and head of Venture and Growth Equity at Gaw Capital, real estate and associated industries represent a vast potential for the fund. Koh said that around $100 million is available from Gaw Capital's Growth Equity Fund I for its deployment in Southeast Asia, cited Dealstreetasia. Last year, the fund closed around $430 million, including co-investment commitments from limited partners. “After the acquisitions of a mixed-use development project (Empire City) through Gateway Real Estate Fund III and a mixed-use business park development using balance sheet capital in Ho Chi Minh City, Gaw Capital Partners further increased its presence in the Vietnamese market and debuted its fund management services with Gaw NP Capital Vietnam Fund I in 2015,” the fund noted on its website. In Vietnam, Gaw Capital has successfully exited several prominent projects, including … [Read more...] about Gaw Capital to increase its footprint in Southeast Asia
Australia facilitates environmental monitoring using tech in mangrove forest
The AQUAM project delivers mangrove environment monitoring stations in critical water points in Ca Mau province. The monitoring stations operate on solar energy. Data gathered by the stations in combination with satellite images will be the input of environmental reports for all stakeholders. The project, funded by Australia’s Aus4Innovation program, was wrapped up on Tuesday in a workshop attended by local provincial authorities and representatives from the Australian Embassy. The AQUAM project, jointly developed and implemented by the University of Queensland and Green Field Consulting & Development Company, in close collaboration with Nam Song Hau Fishery Research Sub-Institute and Ca Mau Department of Agriculture and Rural Development, has installed 15 wireless environmental monitoring stations using IoT (Internet of Things) technology to monitor the health of the mangrove ecosystem. This will help farmers and local authorities access real-time data on … [Read more...] about Australia facilitates environmental monitoring using tech in mangrove forest