FLC acquires 265 Cau Giay project
FLC Group has acquired the 265 Cau Giay project, which is known as the golden land area in the capital. This has been the group's third merger and acquisition (M&A) in the real estate sector, following FLC Garden and Lavender Tower.
 |
Dam Ngoc Bich, FLC's deputy general director, said that the company has been rushing to prepare for the VND2.2 trillion (US$101.8 million) project's construction and offer for sale.
The 1ha project includes construction of a twin tower of 50 floors and another 38 floor tower.
Last year, FLC's total value for M&A in the sector reached VND6 trillion ($277.7 million).
What the stars mean:
★ Poor ★ ★ Promising ★★★ Good ★★★★ Very good ★★★★★ Exceptional
Latest News
More News
- Uncertain future for Bien Hoa IP’s workers and businesses (April 22, 2024 | 09:59)
- Support framework will help mass relocation efforts (April 22, 2024 | 09:51)
- Hanoi’s latest Grade A commercial project soon ready for handover (April 19, 2024 | 11:39)
- Nam Long Group gears up to capture market (April 19, 2024 | 10:57)
- Rapid law implementation may propel market fortunes (April 17, 2024 | 08:43)
- Nation urged to build on eco-IP model (April 16, 2024 | 10:22)
- Domestic steel demand expected to rebound amid warming real estate market (April 12, 2024 | 10:31)
- Implementation of new land laws must benefit investors (April 10, 2024 | 09:17)
- Apartment hikes hint at speculation return (April 09, 2024 | 10:14)
- Infrastructure focus sets stage for real estate bonanza (April 03, 2024 | 10:14)
Mobile Version