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?
Legalzoom real estate purchase agreement
The latest M&A deal was made by Keppel Land from Singapore, which entered into a conditional share purchase agreement with domestic developer Phu Long Real Estate Corporation to acquire 60 per cent interest in three land parcels, spanning 6.2 hectares in Nha Be district of Ho Chi Minh City for a total of VND1.304 billion ($56.7 million). According to Keppel Land, partners plan to develop a total of 2,400 premium apartments with ancillary shophouses which will offer more than 14,600 square metres of commercial space to the market. Linson Lim, president of Keppel Land in Vietnam, said that this acquisition will add a remarkable number of houses to Keppel Land’s pipeline of about 20,000 homes and quality commercial portfolio in Vietnam. Meanwhile, CapitaLand, another giant real estate developer from Singapore, has also just announced completion of a mammoth transaction with Temasek Holdings and acquired the issued shares of Ascendas-Singbridge, making it one of … [Read more...] about Strong desire for M&A deals in real estate
VietNamNet Bridge - Hanoi and HCMC each year between 2018 and 2020 will receive 110,000 new households, adding to the demand for houses and apartments. The real estate demand is still very high The weaker selling power of apartments, condotels and land plots, plus the ‘hibernation’ of speculators all have raised concern about a real estate bubble. VnExpress cited a report as showing that the apartment demand in HCMC decreased sharply by 30 percent with only 7,000 apartments sold in the second quarter, while the inventory level of condotels was once up to 90 percent. As for land, the transactions in the eastern part of HCMC, in districts 2, 9 and Thu Duc in the second half of Q2, were equal to 40 percent of that in April. VnDirect Securities, in its latest report, though admitting the slowdown of the real estate market, still shows optimism. It pointed out three ‘bright parts’ of the real estate market panorama. The apartment demand in HCMC decreased … [Read more...] about Real estate market decelerates, but optimism still exists
Illustrative image (Source: VNA) HCM City (VNS/VNA) - Ho Chi Minh City authorities have pledged to continue providing assistance and creating favourable conditions for real estate companies at a dialogue between the city government and businesses. Speaking at the event on August 30, Tran Trong Tuan, director of the city’s Department of Construction, said any shortcoming in management and operation of State agencies related to construction licensing and real estate activities would be adjusted to facilitate businesses. More than 200 representatives from 150 enterprises and associations attended the meeting to learn more about guidelines and regulations from State agencies in construction and real estate. The directors of the departments of Construction as well as Natural Resources and Environment, and representatives of related departments, addressed all questions posed by businesses. The meeting, organised by ITPC and the departments of Construction and … [Read more...] about HCM City vows to help real-estate firms
City officials speak with representatives of real estate enterprises at a meeting organised on August 30 in HCM City. — VNS Photo Bồ Xuân HiệpViet Nam News HCM CITY — HCM City authorities on August 30 pledged to continue providing assistance and creating favourable conditions for real estate companies at a meeting held in the city. Speaking at a dialogue between the city government and businesses, Trần Trọng Tuấn, director of the city’s Department of Construction, said any shortcoming in management and operation of State agencies related to construction licensing and real estate activities would be adjusted to facilitate businesses. More than 200 representatives from 150 enterprises and associations attended the meeting to learn more about guidelines and regulations from State agencies in construction and real estate. The directors of the departments of Construction as well as Natural Resources and Environment, and … [Read more...] about City vows to help real-estate firms