Resort real estate: Overcoming hot fever, treating cold fever
Due to the big difference between supply and demand, resort real estate has to change before it can start to recover.
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Sycamore Company Limited, an arm of Singapore-based CapitaLand, has acquired the entire Tan Thanh Binh Duong Urban Area from Becamex for an undisclosed amount of money.
The attractiveness of industrial real estate is attracting large cash flows from M&A.
As of the end of September 2023, the 30 biggest real estate companies in Vietnam had just over VND15 trillion in cash on hand, which was the lowest amount in five years.
Due to the big difference between supply and demand, resort real estate has to change before it can start to recover.
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