CapitaLand plans more investments in Vietnam
Group to build homes, invest in offices, serviced residences, integrated developments
Singapore
PROPERTY developer CapitaLand wants to "significantly increase" its S$2.1 billion presence in Vietnam and may build a Raffles City integrated project there, it said in a press release on Monday evening.
Lim Ming Yan, CapitaLand's president and group chief executive officer, said in the statement that the group plans to buy more sites in Vietnam to build homes, "possibly yielding 2,000 to 2,500 units this year". It also wants to invest in offices, serviced residences and…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
TikTok suspends new app’s reward programme amid EU concerns
Hong Kong spot crypto ETFs to start trading next week
Cordlife substantial shareholder Nanjing Xinjiekou still mulling over offer to buy over remaining shares
Nvidia agrees to acquire Israeli AI software provider Run:ai
HSBC says growing Chinese wealth fuels client investments in US
Unilever's India quarterly profit disappoints