Global companies are identifying this as a good time to collaborate with local businesses to create high-quality real estate products, according to Mr. Lee Leong Seng, Director of Residential Property Development, Real Estate Division, Keppel Vietnam.
The M&A market will witness the emergence of many new projects, with high compliance
Global companies are identifying this as a good time to collaborate with local businesses to create high-quality real estate products, according to Mr. Lee Leong Seng, Director of Residential Property Development, Real Estate Division, Keppel Vietnam.
"Vietnam, with its strong economic growth and golden population, is a promising destination for many international investment funds. This is an ideal time for global companies to cooperate with local businesses, together creating high-quality real estate products," said Mr. Leong Seng, Director of Residential Real Estate Development, Real Estate Division, Keppel Vietnam at the Vietnam Mergers and Acquisitions Forum 2024 (M&A Vietnam Forum 2024) on the afternoon of November 27 in Ho Chi Minh City.
Keppel representatives believe that the combination of international investment capital and the market understanding of domestic enterprises will bring great success. Entering 2025, with new policies, Keppel expects that macro-level changes will be transformed into specific actions, contributing to promoting the sustainable development of the real estate industry in Vietnam.
With over 30 years of experience in the Vietnamese market, Keppel has always sought out valuable assets and strived to add value to these assets. However, finding potential assets is not easy, requiring a lot of time and effort. This is a big challenge in the context of increasingly fierce market competition.
Accordingly, Mr. Lee believes that for new investors entering the market, M&A activities are one of the most effective "paths". Because through M&A, investors have the opportunity to approach potential partners, both buyers and sellers, and at the same time find high-value assets for development or long-term investment.
Keppel representative added that in the next few years, as policies and regulations become stricter, the market will witness the emergence of many new projects with high compliance. This will be an important factor that strongly supports M&A activities.
“We are particularly excited about the positive changes in the investment environment in Vietnam. These improvements not only boost the confidence of foreign investors but also open up many development opportunities for traditional and new industries,” said Mr. Lee.
Mr. Lee Leong Seng, Director of Residential Property Development, Real Estate Division, Keppel Vietnam shared at the Forum. |
“We are committed to continuing to develop and deliver projects of the highest quality. At the same time, we will continue to innovate to develop sustainable real estate projects, affirming our commitment to long-term development in Vietnam,” said Mr. Lee, adding that Keppel is also expanding its strategy to the northern region, with a new project in the heart of Hanoi.
Keppel is a global real estate operator headquartered in Singapore. After more than 30 years of operation, Vietnam has become one of Keppel's key markets. Currently, Keppel is implementing 25 projects in Vietnam with a total estimated investment value of 3.8 billion USD, including major projects such as Saigon Center, Celesta Rise, Riviera Point...
In the field of mergers and acquisitions (M&A), Keppel has built effective cooperative relationships with local partners. Mr. Lee expects 2025 to mark a strong increase in activities in the M&A market, especially new investment opportunities in the real estate sector.
Keppel is expanding its investment horizon to include diversified real estate sectors such as residential, hospitality and new models such as retirement homes and data centres. The company is also closely connected with global corporates to monitor and understand market trends, and has seen an increasing emphasis from international funds on ESG (Environmental, Social, Governance) criteria.
Mr. Lee also emphasized that Keppel always strives to build green and sustainable real estate products that meet international standards on green development and ESG.
Source: https://baodautu.vn/thi-truong-ma-se-chung-kien-su-xuat-hien-cua-nhieu-du-an-moi-voi-tinh-tuan-thu-cao-d231124.html
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