The firm said foreign investors will continue seeking investment opportunities in big cities, citing that the central city of Danang is now a preferred destination for property investors as it boasts advantages in infrastructure and environment, and particular products.
M&A activities in the sector have been active, especially since the new Law of Real Estate Business took effect last year , according to experts.
Marc Townsend, managing director of CBRE Vietnam, said successful M&A activities bring great benefits to both buyers and sellers.
It is necessary to have precise and transparent information in order to get M&A activities’ benefits, he said.
Foreign direct investment (FDI) in the real estate sector ranked second in Vietnam with 25 newly-licensed projects valued at US$634 million.
The real estate FDI accounts for 5% of the total FDI capital in the country, mainly from the Republic of Korea, Singapore and Japan.