Vietnam’s Real Estate a Magnet for Japanese Investors

• 9 December 2016
• Property Focus
• 1121 Views

Vietnam’s real estate market continues to attract large scale investment from Japanese firms with a new USD1 billion investment announced in September.

A joint venture between Japan’s Kajima and Hanoi-based Indochina Capital will see investment into 50 potential projects over 10 years which will include serviced apartments, hotels and office buildings.

Four are expected to start within 15 months and the venture will initially focus on residential projects in Hanoi, Danang and Ho Chi Minh City.

Kajima joins other Japanese firms Creed Group, Tokyu, Hankyu Realty, Nishi-Nippon Railroad, and Sanyo Homes who have all invested in Vietnam’s booming real estate sector.