Việt Nam jumped four places to rank 56th globally, according to the Global Real Estate Transparency Index by JLL and LaSalle Investment Management, amid improving building standards across Asia.
The supply of industrial property in the South is expected to rise further in the next five years to capitalise on the increasing demand in the region, and further strengthen its leading position in terms of supply,.
Việt Nam’s logistics industry has grown tremendously alongside with the upsurge in the demand of home delivery in 2020 despite impact of COVID-19 pandemic including social distancing and lockdown, participants heard at a forum on January 5.
The prices of properties with land in HCM City increased by 15 per cent in the third quarter from the same period of last year due to lack of new supply, according to a report by property consultancy JLL.
According to the real estate services firm Jones Lang LaSalle (JLL)’s report, the impact of the COVID-19 has caused many tenants to carry out challenging negotiations with landlords to try and survive.
Covid-19 and trade tensions are driving the shift of production lines from China to Southeast Asia and Viet Nam seems to have emerged as an attractive destination.
Food and beverage and fashion and lifestyle will continue to drive demand in HCM City’s retail property market, according to real estate consultancies.
Industrial property in the Northern Key Economic Zone (NKEZ) saw strong development in the third quarter of this year, according to Jones Lang LaSalle firm (JLL Viet Nam).