Total registered FDI in Vietnam’s real estate sector in the first half of 2019 stood at $1.32 billion, a fall of 76 per cent compared to the same period of 2018, which stood at $5.54 billion, according to the latest report from real estate consultants JLL. This is largely due to the substantial amount of capital for real estate in the first half of 2018, primarily in two projects: Smart City in Hanoi, with total investment of $4.1 billion from the Sumitomo Corporation, and additional capital of $1.1 billion in the Laguna project in central Thua Thien Hue province from a Singaporean investor. Though lower than in the first half of last year, registered FDI into real estate in the first half of this year was still higher than in the first halves of 2016 and 2017, when it stood at some $600 million and $700 million, respectively. “We expect foreign investors to continue showing a keen interest in and strong commitment to Vietnam’s real estate market, and that the market still has the potential for growth,” said Ms. Khanh Nguyen, Senior Director, Capital Markets, Vietnam, at JLL. “Although M&A activities may potentially occur at a slower pace and at… Read full this story
- Sunny Day Real Estate's drummer says their greatest album is "buried in Dave Grohl's sock drawer"
- Is Leasinvest Real Estate SCA's (EBR:LEAS) ROE Of 9.4% Impressive?
- Did Changing Sentiment Drive Artis Real Estate Investment Trust's (TSE:AX.UN) Share Price Down By 17%?
- De Blasio defends controversial $173M real estate deal with slumlords
- Storage Locker for Virtual Wealth Sells for £160 M, Setting New British Real Estate Record
- The next big crash? Wall Streets awaits commercial real estate crisis
- Virtual tours of real estate helps sell homes
- 5 reasons to call a real estate agent before your vacation
- The Closer: Flips and Splits of the NYC real estate community
- Real estate: High home prices may be hitting their limit
JLL: Real estate FDI in 1H down but potential remains have 329 words, post on dtinews.vn at August 9, 2019. This is cached page on Talk Vietnam. If you want remove this page, please contact us.