Vietnam has been revealed as the world's top outsourcing location for the first time, according to new research from global real estate adviser Cushman & Wakefield.
Vietnam passed the long-awaited amended Housing Law that addresses a number of issues including regulations on foreign ownership.
According to the June 2014 STR Global Construction Pipeline Report, the Asia Pacific region reported 2,313 hotels under contract comprising 519,718 rooms.
Increasing liberalization of regulatory restrictions on Asian insurance funds could lead to additional US$75 billion into global real estate markets.
According to STR Global, hotels in the Asia Pacific region experienced positive results during May 2014.
Several sizeable Chinese cities have in the last few days backtracked on the tough restrictions on property purchases that have been put in place across the country.
Rose Rock Group, a Rockefeller family-backed alternative investment firm, will help develop a $2.5 billion resort development on the south central coast of Vietnam. The Vung Ro Bay will developed with Vung Ro Petroleum, a Vietnam-based independent petroleum company.
Marriott International plans to open one hotel every eight days through 2016 in Asia. The hotel brand expects to double its presence in the region in the next three years, reaching a total of 330 hotels with more than 96,000 rooms across 16 countries.
After a torrid two years that saw its real estate market freeze, Vietnam is beginning to attract interest from overseas investors once again. Though the market has yet to bottom, early adopters are betting the upturn is to come soon.
More than 211,000 hotel rooms are in development in China, a 13.9 percent increase from the current supply, according to a new report. China has almost four times the number of rooms in development than India.
According to hotel data compiled by STR Global, despite economic slowdowns in many regions of the world, hotel markets globally still posted mostly positive performance results for the month of August 2012. Here is a breakdown of hotel markets by region from STR Global.
Vietnam commercial and residential real estate's three-year downturn may be turning following a stock market rally, three straight monthly interest rate cuts and renewed interest by the government to help the industry recover. Office and residential development appear to be near-future opportunities. Until now, investors have lost confidence in the property markets.
Real estate in Vietnam never has been a hot market for most Asia-Pacific investors. Players from Singapore and South Korea used to be the most visible property investors in Hanoi and Ho Chi Minh City. That's changing now that Japanese money men are starting to enter Vietnamese markets.
Thankfully the last bus ride of our trek was actually pleasant. A word not often used to describe that form of transportation since we bused through South America. The bus was new, clean, had a great suspension system, and a driver who used reasonable driving practices during the four-hour journey.
(PHAN THIET, VIETNAM) -- Two of Vietnam's premier courses recently joined forces in a bid to lure more golfers to one of the country's most activity-rich tourist areas. Ocean Dunes Golf Club in Phan Thiet and Sea Links Golf & Country Club in nearby Mui Ne have formed Golf the Beach ...