Real estate enterprises will continue to face headwinds in 2023 due to challenges related to accessing loans, issuing corporate bonds and mobilising capital, experts warned.
Real estate enterprises should actively find alternative funding sources such as foreign direct investment (FDI) capital flow to curb their capital shortage as popular capital mobilisation channels for the realty industry have been tightened.
Real estate enterprises issued bonds worth VND45.59 trillion (around US$2 billion) in the first half of this year, equal to 80 per cent of the figure last year as a whole.
Successful property transactions in the first quarter of this year decreased by 60 per cent from the same period last year, according to the Ministry of Construction (MoC)’s quarterly report on the domestic real estate market released on Thursday.
The People''s Committee of Can Tho held a meeting with the city''s real
estate enterprises last Friday in a bid to remove obstacles facing their
business operations.