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M&A pushing ahead real estate market 14:00 | 28/02/2021
The long process of project approval from competent government agencies and the serious impact of COVID-19 have helped mergers and acquisitions in real estate sector become more active.
Nam Long Group became the sole developer of Dong Nai Waterfront City after acquiring 100 per cent from Portsville Pte., Ltd., a wholly-owned subsidiary of Singaporeâs Keppel Land
A recent report released by VNDirect Securities Corporation stated that mergers and acquisitions (M&A) deals, especially in transferring part of large-scale real estate projects, were considered one of the fastest solutions for foreign developers when they want to jump into the Vietnamese real estate market, as well as for the domestic developers expanding their land fund and investment portfolios.