Real estate investment trusts (REITs) can help spur the Vietnamese property market’s growth and broaden the array of job specialisms within the asset management profession, says a Cushman & Wakefield executive.
Cbus announces board changes; HKEX opens new office; Northern Trust hires from Franklin Templeton; FTLife hires deputy CIO from BOC Life; Perpetual AM names deputy equities chief; and more.
Vietnam’s real estate market outlook remains positive, driven by strong domestic and foreign demand for housing and investment. However, high initial investment value and low liquidity are major barriers preventing individual and institutional investors from participating in large-scale projects with stable cash flow in Vietnam. Therefore, residential real estate is always a sought-after property for individual investors.