Institutions warm to selective real estate in emerging SE Asia
Vietnam's factory, logistics, and residential segments offer promise, while high interest rates and poor risk-reward ratios have dampened interest in regional peers.
As real estate investment volumes slump globally, Vietnam appears to represent a relative bright spot for institutional investors among otherwise challenging property markets in emerging Southeast Asia.
“For institutional capital, Vietnam sits at the top of the pile,” Matt Nortcliff, a partner who focuses on real estate at global law firm Goodwin, told AsianInvestor.
“In terms of a manufacturing base, it has been a beneficiary of ‘China-plus-one’,” he said, referring to the risk…
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