The requested news item does not exist. Please return to News
3Q16 was a quiet quarter for the investment sector in Vietnam with only three major deals being recorded. However, the M&A market could see huge demand coming from foreign investors, who are still eagerly looking for "clean and clear" development sites for development.
The most notable transaction in 3Q16 was the USD 51.9 million acquisition of a prime site in Cau Kho Ward, District 1, HCMC, initiated by CapitaLand (Vietnam) Holdings. Following this, CapitaLand holds a 100% stake in the 0.5-hectare site, which will offer apartment for sale and serviced residence. This is the first time a foreign developer manages to gain access to a development site in District 1, and it is interesting to see how the market would react to the introduction of such a luxury boutique project in the area.
Despite existing difficulties in finding good quality stock in the market, the investment sector is expected to be strong in the next quarter, 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 3Q16:
Source: Real Capital Analytics
Ho Chi Minh
Cau Kho Land Plot
+84 8 3910 3968 ext 925