Sunday, June 14, 2009

Strategic partnerships on the increase as Vietnam property market

Hoang Anh River View apartments
Hoang Anh River View apartments

Real estate developers in Vietnam are drawing up strategic partnerships with other investors in a sign that the property market is maturing.

A lot of alliances and partnerships have been set up since the beginning of the second quarter, especially in the Ho Chi Minh City real estate market.

Analysts say that the professionalisation of investment, construction, distribution and management will be seen in the market as a move towards sustainable development.

Some of the major partnerships include Hoang Anh Gia Lai Housing Construction and Development Corporation opting for a strategic partnership with An Binh Land Real Estate Investment Company.

Vietnam Real Estate News

Chao Vietnam Properties