A series of positive moves
Since the beginning of the second quarter of 2024, the Vietnamese real estate market has shown prospects for recovery after a long period of difficulty. Many support policies for the real estate market have been approved. A series of investors have activated project implementation, groundbreaking and kick-off activities... have taken place vigorously. In addition, real estate trading floors and brokers have also returned to operation. The number of customers with real needs as well as investors looking for residential real estate channels is increasing day by day...
Keeping up with the market, Danh Khoi Group has also returned to the "race" with a series of positive moves. Most recently, Danh Khoi has signed a strategic cooperation agreement with Knightsbridge Partners - a leading real estate distribution unit in the Hong Kong market (China), with the goal of bringing the products of this unit to the international market.
In particular, the 2024 Land Law has created more favorable conditions for overseas Vietnamese (Viet Kieu) to invest and own real estate in Vietnam. According to experts, the open legal corridor will create opportunities for businesses that are aiming to bring their products to the international market, typically Danh Khoi Group, to reach new customers and increase revenue.
Danh Khoi Group signs strategic cooperation with Knightsbridge Partners
It is known that Astral City has completed all legal procedures and has been issued a document by the Department of Construction of Binh Duong province allowing capital mobilization in the form of selling future housing; allowed to sell products to the international market and have commercial banks guarantee financial obligations...
In addition, a series of other key projects of this company have also had difficulties resolved, continuing to implement business activities, typically Welltone Luxury (Nha Trang); Nhon Hoi New City (Quy Nhon); Barya Citi (Ba Ria - Vung Tau)...
Project M&A implementation
A senior leader of Danh Khoi Group said that the Group currently owns large land funds, located in prime, potential locations, spread across provinces and cities across the country. This land fund is suitable for developing a variety of product types such as civil, completed townhouses, luxury apartments, resort tourism and industrial real estate...
In the near future, it is known that Danh Khoi will launch thousands of products in diverse segments, focusing on completed townhouses in promising real estate markets such as Ho Chi Minh City, Binh Duong, Ba Ria - Vung Tau, Phan Thiet City (Binh Thuan), Quy Nhon (Binh Dinh) ... after completing the final legal procedures.
M&A activities play a key role in Danh Khoi's 2024 implementation plan
According to this leader, M&A activities will play a key role in Danh Khoi's implementation plan in 2024. This unit currently owns a series of projects with solid legal status, prime locations with diverse product types, and is also the "favorite taste" of domestic and foreign investment enterprises.
"M&A activities will help businesses shorten a lot of time in deploying and providing valuable real estate products to the market in many segments and types. In fact, for Danh Khoi Group, we are promoting cooperation with domestic and foreign partners to carry out M&A activities in 2024. We expect this to be a driving force for recovery, turning around cash flow to help businesses stabilize operations and business activities, increase product liquidity and restore market confidence...", he said.
With extensive experience from previous successful M&A projects, Danh Khoi Group is implementing M&A activities as a "shortcut" strategy to strengthen internal strength, expand the market and improve competitiveness. This is considered a solution to rotate cash flow, create a balance for the company's current business activities, and is a solution to help the company overcome difficulties and gradually affirm its position in the real estate market in the Southern region.
Source: https://thanhnien.vn/tap-doan-danh-khoi-no-luc-phuc-hoi-bang-loat-dong-thai-tich-cuc-185240527173549787.htm
Comment (0)