Skip Ribbon Commands
Skip to main content

News Release

Vietnam

OVERVIEW ON M&A ACTIVITIES IN VIETNAM 2Q16

JLL Vietnam


​Deal volumes remained considerable in 2Q16, with foreign investors taking up the majority on the buy side and Ho Chi Minh City (HCMC) still the most desirable destination. Also, the quarter's investment deals were diversified, with a good variety of asset and property types transacted and investors from many countries.

Notable transactions recorded in 2Q16 included the G Homes plot in District 2, HCMC (residential development site), the Tran Hung Dao site in District 1, HCMC (commercial development site), Kumho Asiana Plaza in District 1, HCMC (mixed-use property, including office, retail, hotel and serviced apartments) and International Centre Building in Hoan Kiem District, Hanoi (office property). The purchases in these transactions were all foreign investors. Apart from these, there were some other deals between local developers, two of the latest being the Dat Xanh Group's purchase of residential development sites, one in District 2 and the other in Thu Duc District.

The investment market is likely to remain active in the coming quarters, thanks to the large growth momentum in Vietnam in recent quarters amid the lower activity in the region. 

 

List of some M&A transactions in Vietnam 2Q16:

Source: Real Capital Analytics

DateProperty NameCityTypePrice in mil $Partial InterestPartial Interest Price in mil $BuyerSeller
Jul-16International Centre BuildingHa NoiOffice13.8100%13.8VinaCapitalKeppel Land Ltd
Jun-16Kumho Asiana Plaza OfficeHo Chi Minh CityOffice84.950%42.4Mapletree InvestmentsKumho Asiana
Jun-16Kumho LinkHo Chi Minh CityRetail39.850%19.9Mapletree InvestmentsKumho Asiana
Jun-16Kumho Asiana Plaza ApartmentsHo Chi Minh CityApartment15.550%7.7Mapletree InvestmentsKumho Asiana
Jun-16Intercontinental Asiana SaigonHo Chi Minh CityHotel74.950%37.4Mapletree InvestmentsKumho Asiana
PendingG Homes District 2 PlotHo Chi Minh CityDev Site22.470%15.7Frasers CentrepointAn Duong Thao Dien
May-16Tran Hung Dao SiteHo Chi Minh CityDev SiteUndisclosed100%UndisclosedDai Tan Phu JV JimiroHo Chi Minh City People's Committee
May-16Duxton Hotel SaigonHo Chi Minh CityHotel49.4100%49.4New Life RELow Keng Huat