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Update news Savills
Vietnam is regarded as an outstanding investment destination for high-value manufacturing with production capacity satisfying international investors, said Christopher J. Marriott, CEO of Savills Southeast Asia.
Real estate mergers and acquisitions (M&A) are expected to be a good source of funds in 2022, as these activities are likely to increase in terms of frequency and value this year.
A recent survey by Savills found that gap of property prices are narrowing between urban and surrounding areas as more facilities are offered to compensate for outer locations.
The recent Ministry of Finance (MoF) ruling to adopt IFRS will send ripples across real estate businesses, especially those with extensive asset portfolios.
The average gross rent decreased by a slight 1% on-quarter but increased 1% on-year.
Vietnam has been extremely successful at attracting high-quality FDI, with this investment primarily going into manufacturing and real estate projects, according to Neil MacGregor, managing director of Savills Vietnam.
Many companies are moving their factories from other countries to Vietnam, showing the potential for strong development of industrial real estate, according to Savills Vietnam.
Many companies are moving their factories from other countries to Vietnam, showing the potential for strong development of industrial real estate, according to Savills Vietnam.
The Vietnamese real estate market has high development potential thanks to positive economic prospects, a strong foreign direct investment flow and suitable monetary policies, according to a research of Savills Vietnam.
Many foreign investors, including the UK’s Savills Estate Agents, have regarded Vietnam and Ho Chi Minh City in particular as a promising market in the property sector, Savills Group CEO Mark Ridley has said.
VietNamNet Bridge – Hanoi currently has 8,150 hotel rooms and there will be an additional 700 available on the market this year, according to Savills Vietnam’s quarter-one report.