Cen Land is shifting from brokerage to development, targeting a 170% revenue increase and 424% profit growth in 2025.
Despite the real estate market's lackluster performance, several companies are accelerating land acquisition efforts.
Hanoi is set to receive a significant future supply of over 100,000 apartments starting from 2025, a tenfold increase compared to the current availability.
Recent land auctions in Hanoi have seen land prices skyrocket, raising concerns among experts about the potential negative effects on the real estate market and the local economy.
Taseco Land has initiated construction on its inaugural industrial park, Taseco Dong Van 3, located in Duy Tien district, Ha Nam province. The development aims to rapidly establish infrastructure to attract foreign investment into Vietnam.
Gamuda’s property arm Gamuda Land has entered into an agreement to acquire a 3.7-hectare site in Thu Duc City in Ho Chi Minh City for approximately $316 million.
Apple's supplier will deploy its new electronic component production project on a total area of 48 hectares in Nghe An province.
Leading Vietnamese real estate developer to become an official global supporter of the AFC Asian Qualifiers – Road to Qatar.
The total consideration of the deal is about $16 million.
This is BIM Land's first offshore bond issue after it borrowed about $140 million from IFC and Credit Suisse in 2019.
Keppel Capital Holdings in collaboration with Keppel Land Limited has launched a Vietnam-focused real estate fund with a target fund size of $600 million.
With their massive land funds and ample investment inflows for transport infrastructure development, the suburban cities surrounding Ho Chi Minh City are projected to become the next hotspot for investors and buyers.
More competitive land cost as well as lower occupancy rate are making emerging industrial areas in surrounding provinces become more attractive to investors and developers.
BIM Land now get up to $137 million in financing from IFC and Credit Suisse.
