Coteccons shares hit three-year low as construction market slows down
Share price of Conteccons Construction JSC (HOSE: CTD) hit its record low of VND96,800 ($4.2) in three years on June 18, witnessing a fall of over 33 per cent on-year.
Share price of Conteccons Construction JSC (HOSE: CTD) hit its record low of VND96,800 ($4.2) in three years on June 18, witnessing a fall of over 33 per cent on-year.
Vietnam would continue to be in the top three target markets for international investors, especially Japanese, South Korean, Chinese and Singaporean investors, according to a report just released by Jones Lang LaSalle (JLL), American professional services and investment management company specializing in real estate.
When metro systems are put into operation, more developers would invest in large-scale real estate projects across the cities, according to American professional services and investment management company specializing in real estate JLL.
The Vietnamese real estate market continues showing irresistible appeal to foreign investors, mostly through merger and acquisition, according to the latest update report of the real estate and investment management firm JLL.
Khanh Nguyen, Associate Director of Capital Markets at JLL, a leading professional services firm specialized in real estate and investment management, has given her insights into the joint-venture partnership between Hongkong Land and Ho Chi Minh City Infrastructure Investment JSC and on merger-and-acquisition (M&A) activities in Vietnam.
VinaLand Limited (VNL) managed by VinaCapital Investment Management Ltd company (VinaCapital) has gained US$112 million since the beginning of 2017, after divesting of many real estate projects in Vietnam.
“Most of the Vietnamese people lack experience in living in condominiums so they usually feel annoyed when following its rules and need time to adapt to them,” said Stephen Wyatt, Country Head of Jones Lang LaSalle (JLL) Vietnam, an American professional service and investment management company specializing in real estate.
VinaCapital, one of Vietnam’s leading investment management and real estate development firms, has just announced to be Tasco’s investor with US$11 million capital of the Vietnam Opportunity Fund (VOF).