Novaland land fund strategies underpin successes 11:16 | 05/05/2021
Novaland is utilising its financial might to produce top-class real estate projects across the country
Novaland is one of the most prominent brands portraying themselves as big land hunters. At its annual general shareholdersâ meeting, Bui Xuan Huy, CEO cum member of the Board of Nova Group, which owns Novaland, said that in the first quarter of this year, Novaland recorded a land fund of 5,400 hectares with gross development value of nearly $45 billion.
From its first Ho Chi Minh City project, Sunrise City in District 7 back in 2008, Novaland has successfully bagged 10 large-scale tie-up deals with a wide network expanding across the country, particularly in the south. As one of the largest property developers in the country with international expertise and deep knowledge of the domestic market, Novaland is continuing to write its chronicles with best-in-class real estate pr
M&A pushing ahead real estate market vietnamnet.vn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vietnamnet.vn Daily Mail and Mail on Sunday newspapers.
M&A pushing ahead real estate market 14:00 | 28/02/2021
The long process of project approval from competent government agencies and the serious impact of COVID-19 have helped mergers and acquisitions in real estate sector become more active.
Nam Long Group became the sole developer of Dong Nai Waterfront City after acquiring 100 per cent from Portsville Pte., Ltd., a wholly-owned subsidiary of Singaporeâs Keppel Land
A recent report released by VNDirect Securities Corporation stated that mergers and acquisitions (M&A) deals, especially in transferring part of large-scale real estate projects, were considered one of the fastest solutions for foreign developers when they want to jump into the Vietnamese real estate market, as well as for the domestic developers expanding their land fund and investment portfolios.