CapitaLand negotiates to buy $1.5 billion of assets from Vinhomes
CapitaLand Group is in talks to acquire assets worth roughly $1.5 billion from Vinhomes JSC, sources familiar with the matter told Reuters.
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CapitaLand Group is in talks to acquire assets worth roughly $1.5 billion from Vinhomes JSC, sources familiar with the matter told Reuters.
A deal of that size would mark one of the largest real estate transactions in SE Asia in the last few years.
SINGAPORE: In May 2021, developer Frasers Property said it had secured provisional approval from the authorities to redevelop Bedok Point into a residential development.
Despite market swings, foreign investment capital continued to flood heavily into several categories of Vietnamese real estate in 2022. Mergers and acquisitions (M&As) in the real estate industry have been particularly attractive due to the existence of a number of loaded giants.
Even in the context of global economic fluctuations, luxury real estate products are still attracting a growing customer base in Vietnam.