The real estate investment trust model could help satisfy diversified needs and promise to open up a flexible and effective capital mobilising channel amid tighter control of credit and corporate bond issues.
Compared to just a few years ago, the Vietnamese proptech market is now more vibrant, diverse in both quality and quantity with the participation of many different brands. But while the playground is now occupied both by traditional real estate businesses and tech companies, the risks are still apparent.
Although a new model in Vietnam, buying split real estate is considered an effective investment channel for those with little capital, especially in the current market with limited cash flow.
With proptech startup Propzy ceasing operations, VIR’s Bich Ngoc spoke with Doan Tung, chief marketing and growth officer from Houze Group, to discover how proptech businesses like Houze can reduce risks and if Propzy’s downfall will impact investment flows.