Property sector to see many mergers, acquisitionsThe real estate market is busy with mergers and acquisitions (M&A), which are forecast to touch a record high this year, driven by the sector’s steady recovery. The real estate market is expected to see more M&A deals this year. There is a growing interest in the Vietnamese property market among foreign investors from Hong Kong, Korea and Singapore, JLL Viet Nam said. Previously, Wyatt had forecast a record year for M&A deals in the real estate sector, driven by an improved economy. Property services firm Savills Viet Nam also expects a rise in property M&A deals this year.

Source: VietNamNet News May 28, 2017 04:07 UTC