esr and bw form joint venture for my phuoc 4 ip in vietnam

ESR and BW form joint venture for My Phuoc 4 IP in Vietnam

ESR Cayman Limited (ESR), the largest Asia-Pacific-focused logistics real estate platform, and BW Industrial Development JSC (BW), the leading logistics and industrial real estate developer and operator in Vietnam, have entered into a development joint venture to develop and own My Phuoc 4 Industrial Park near Ho Chi Minh City.
cgv vietnam files lawsuit against land leasing consultant

CGV Vietnam files lawsuit against land leasing consultant

South Korea-backed CGV Vietnam has filed a lawsuit against its landlord Lapen Investment Advisory JSC for failing to accommodate its request for more lenient lease arrangements due to the COVID-19 pandemic.
tax policies for property sector must be carefully studied finance ministry

Tax policies for property sector must be carefully studied: finance ministry

Tax policies for the real estate sector must be carefully studied and introduced at the appropriate time to ensure feasibility and limit speculation, according to the Ministry of Finance.
novaland unveils impressive business plan for 2021

Novaland unveils impressive business plan for 2021

At its recent annual general meeting, Novaland has presented an ambitious business plan for 2021 with an estimated revenue of over VND27 trillion ($1.17 billion) and profit of VND4.1 trillion ($177.26 million).
novaland land fund strategies underpin successes

Novaland land fund strategies underpin successes

Through mergers and acquisitions, a thorough approach to secure a diversified portfolio, and a large bank of land, real estate developers can navigate through many of the pandemic-induced challenges and gain an upper hand in providing top-notch products.
developers work around foreign cap

Developers work around foreign cap

To meet the increasing demands of non-nationals on owning a property in Vietnam, many real estate developers are moving such buyers towards a long-lease term of 50 years instead after using up their restriction of 30 per cent of foreign ownership per project.
savills vietnam appointed as exclusive leasing agent for alpha tower

Savills Vietnam appointed as exclusive leasing agent for Alpha Tower

From end April 2021, Savills Vietnam officially becomes the exclusive leasing agent for Alpha Tower, an office-for-lease project in downtown Ho Chi Minh City developed by Peach Real Estate Co., Ltd.
becamex idc recognised as top 10 prestigious industrial real estate companies

Becamex IDC recognised as Top 10 Prestigious Industrial Real Estate Companies

Becamex Industrial Development Corporation (IDC) ranked first in the list of Top 10 Prestigious Industrial Real Estate Companies by Vietnam Report and its media partner. Meanwhile, VSIP Group, a joint-venture between Becamex IDC and Sembcorp (Singapore), came second. 
frantic interest not reflecting land value

Frantic interest not reflecting land value

Vietnam’s real estate has been at the forefront of attention in recent times with wild increases in land prices and plans outlined to rezone major cities. Hoang Nguyet Minh, director of Commercial Leasing for Savills in Hanoi, told VIR’s Hoang Oanh about the impact of the land price hike on attracting foreign investment in the real estate market in the capital.
gamuda land vietnam honoured with golden dragon award

Gamuda Land Vietnam honoured with Golden Dragon Award

Gamuda Land Vietnam has received the prestigious Golden Dragon Award handed out at the Connections for Development forum 2021.
hanoi developments induce delay fluster

Hanoi developments induce delay fluster

Tens of millions of dollars poured into infrastructure together with new planning projects have added vibrancy to Hanoi’s real estate market, but alongside current rising land prices, developments could cause construction delays or sharp rental increases.
untapped potential in branded luxury living

Untapped potential in branded luxury living

The recent assessment of ranking Vietnam as one of the 10 fastest-growing markets for branded residences worldwide poses questions for the infant market’s actual capacity.
domestic developers changing the game

Domestic developers changing the game

Along with the rise of the Vietnamese real estate market, domestic real estate brands are increasingly asserting their names with series of projects approaching international standards and changing the mindsets and lifestyles of Vietnamese people.
real estate businesses shake hands with banks to increase benefits for buyers

Real estate businesses shake hands with banks to increase benefits for buyers

The partnership between real estate developers and banks have created preferential credit solutions, reduced opportunity costs, and increased returns for buyers.
bank and real estate giants team up

Bank and real estate giants team up

Indochina Kajima Development Ltd., a joint venture from Indochina Capital and Kajima Corporation, last week signed a strategic partnership with VietinBank with the aim to provide the market with innovative real estate that addresses both current and future demands.