CapitaLand acquires Hanoi site; sets up second fund in Vietnam
Singapore
CAPITALAND has acquired a prime site for its first integrated development in Hanoi, Vietnam, and has set up its second commercial fund in the country - the CapitaLand Vietnam Commercial Value-Added Fund.
The land in Tay Ho district will be developed into a 25-storey mixed-use development worth roughly US$217 million. It will comprise of a 380-unit residence, including small office home office (SoHo) apartments, around 230,000 square feet of office space and over 208,000 sq ft of retail space, CapitaLand said.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
Hong Kong property deals hit three-year high in April
More homes planned in Media Circle to support housing demand
Qatari Sheikh sells London mansion to fellow royal for £39 million
Toronto home sales fall for third month in April; prices rise
Far East Shopping Centre owners in private talks after close of S$928 million en bloc tender
US mortgage rates up for fifth week at 7.22%