Singapore’s CapitaLand plans 70% growth in Vietnam residential portfolio
CapitaLand Development, the development arm of Singapore-headquartered CapitaLand Group, aims to grow its Vietnam residential portfolio to 27,000 units by 2028, a 70% growth from the current 16,000.
Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
CapitaLand breaks ground on giant residential project in Hanoi
Singapore-backed CapitaLand Development (CLD) on Friday broke ground on the Lumi Hanoi, a S$1 billion (U.S$743 million) high-end residential project, in the capital city of Vietnam.
Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
Condo prices on the rise in Hanoi amid thin supply
Apartment prices in Hanoi continue going north, reaching up to VND100 million ($4,063) per square meter in the city’s west, given thin supply amid a struggling real estate market nationwide.
Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
CapitaLand, United Overseas Australia to develop $247 mln real estate project in Vietnam
CapitaLand (Vietnam) Holdings, under Singapore’s CapitaLand, and Malaysia-headquartered realty firm United Overseas Australia have set up a joint venture to develop a $247.1 million real estate project in Vietnam.
Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
Singapore’s CapitaLand affiliate acquires $562 mln real estate project in southern Vietnam
Sycamore, an affiliate of Singapore-headquartered CapitaLand, has acquired the Tan Thanh Binh Duong housing-urban area complex in Binh Duong province.
Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
Singapore CapitaLand announces $740 mln residential project in Hanoi
CapitaLand Development, the development arm of Singapore-headquartered CapitaLand Group, will begin construction of a high-end residential project in Hanoi in the first quarter of 2024.
Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
CapitaLand Investment raises $950 mln for 3 private funds
Real estate investment trust (REIT) CapitaLand Investment, backed by the Singapore government, has obtained about S$1.3 billion ($950 million) equity commitment from global institutional investors for three of its private funds.
Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
CapitaLand Ascott records H1 gross profit of $6.4 mln in Vietnam
CapitaLand Ascott Trust, the management agency of five Somerset hotels in Vietnam, posted a gross profit of VND152.7 billion ($6.43 million) in the first half of 2023 from its Vietnam business, up 47% year-on-year.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
M&As pick up pace in Vietnam property market
Vietnam’s ailing real estate market is witnessing a rising number of merger and acquisition (M&A) deals, mostly with overseas buyers who can arrange capital sources to counter the credit crunch in the country.
Development potential of Vietnam's real estate market - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vincom Retail likely to sell stake to strategic investors
Thailand's largest retailer Central Group and other companies are negotiating to buy a stake in Vincom Retail, the retail arm of Vietnam's biggest private conglomerate Vingroup.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
CapitaLand Ascott’s gross profit in Vietnam up 31% to $10 mln in 2022
CapitaLand Ascott Trust, the management agency of five Somerset hotels in Vietnam, posted a revenue of S$27.6 ($20.63 million) from its Vietnam operation in 2022, up 33% year-on-year, according to the firm’s latest report.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Panasonic, Keppel Land Vietnam team up in sustainable urbanization
Panasonic and Singapore-backed Keppel Land Vietnam have signed a memorandum of understanding to explore the development of smart solutions for sustainable urbanization to be applied to the property developer’s projects in Vietnam.
Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
Temasek-backed CapitaLand likely to buy Vinhomes property assets
Singapore real estate giant CapitaLand Group is in talks to acquire assets worth roughly $1.5 billion from Vietnam’s biggest listed property firm Vinhomes JSC, a subsidiary of the country’s largest conglomerate Vingroup, according to Reuters.
Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
CapitaLand seeks to complete $500 mln urban project in southern Vietnam by 2027
CapitaLand Development (CLD), part of the Singapore-based CapitaLand Group, aims to complete its $500-million smart city project in the southern province of Binh Duong by 2027, group chairman Wong Kan Seng said.
Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
CapitaLand partners with Vietnam firm to set up coworking space in Hanoi
CapitaLand Development (CLD) of Singapore-based CapitaLand Group has signed an agreement with Toong, a Vietnam-based coworking space developer, to set up and operate the first coworking space in a small office/home office (SOHO) development in Vietnam.
Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
Singapore realty developers show divergence in Vietnam
Major Singaporean real estate developers operating in Vietnam have painted an investment picture with contrasting colors this year as the fast-developing economy of almost 100 million people recovers from the pandemic.
Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
Viva Land emerging property player, driven by CapitaLand roots
Ho Chi Minh City-based Viva Land has emerged as a new regional property developer with projects across Singapore and Vietnam in its portfolio.
Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
Temasek-backed CapitaLand buys 8-ha site in HCMC
CapitaLand Development (CLD) is acquiring a mixed-use site of eight hectares in Ho Chi Minh City to develop a project including over 1,100 high-end residential units and shophouses, the latest move in CapitaLand Group’s Vietnam expansion.
Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
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