The flow of money into London-listed property stocks is running towards Hong Kong, China, India, Japan, Macau and Viet Nam.
A Financial Times article entitled “Ho Chi Minh City awaits” that ran on October 8 called the trend “perhaps a logical step” as property markets in some Asian countries are expected to perform in line with their fast-growing economies.
According to the paper, the three funds of Vinaland, JSM Indochina and Aseana Properties have some or all their exposure to Viet Nam due to its lack of high-end real estate, which is in constrast with increased investor interest in the country.