Part of HCM City at night (Source:Internet)Hanoi (VNA) – Merger & acquisition (M&A) activities are attractive to foreign investors, especially those from Japan, according to a survey conducted by Jones Lang LaSalle Vietnam (JLL Vietnam), one of the foreign real estate services firms in Vietnam.
The firm said foreign investors will continue seeking investment opportunities in big cities, citing that the central city of Da Nang is now a preferred destination for property investors as it boasts advantages in infrastructure and environment, and particular products.
M&A activities in the sector have been active, especially since the new Law of Real Estate Business took effect last year , according to experts.
Marc Townsend, managing director of CBRE Vietnam, said successful M&A activities bring great benefits to both buyers and sellers.
It is necessary to have precise and transparent information in order to get M&A activities’ benefits, he said.
Foreign direct investment (FDI) in the real estate sector ranked second in Vietnam with 25 newly-licensed projects valued at 634 million USD.
The real estate FDI accounts for 5 percent of the total FDI capital in the country, mainly from the Republic of Korea, Singapore and Japan.-VNA
