Lance Li News Today

In Vietnam, BW and ESR are developing three joint venture projects with a total GFA of 346,000 sqm

BW Industrial Development JSC and ESR Group Limited have announced two double-storey projects with a total gross floor area (GFA) of 270,000 sqm in Bac Ninh.

Vietnam in 2023 could be most remembered for strengthening cross-border ties, pushing through new laws, or taking action to weather the storms created by trade issues, geopolitical conflict, inflation, and the post-pandemic landscape.

BW Industrial Development JSC is set to open a new facility in Bac Ninh.

HAI PHONG – BW Industrial Development Joint Stock Company (BW) - Vietnam’s leading logistics and industrial real estate developer - and ESR Group Limited (ESR) - APAC’s largest real asset manager powered by the New Economy - have announced the commencement of a new project in Nam Dinh Vu Industrial Park.

Although not dominating in terms of the number and value of deals, the industrial real estate market is starting to record more interest in mergers and acquisitions from foreign investors.

Against the backdrop of the bright prospects, industrial real estate developers are ramping up efforts to expand their land bank to seize the opportunities of Vietnam’s expected economic rebound in 2024

As Vietnams economy is forecast to rebound in 2023, industrial real estate developers are looking to capitalise on opportunities in the market.

Leveraging the strengths of the three blue-chip investors, BW is well-positioned to capture the tremendous growth in Vietnam’s logistics and industrial real estate sector

To mark the 32nd anniversary of Vietnam Investment Review, members of domestic and international organisations as well as the business community share their sentiments about its role, including contributions to drive business development.