Asia Pacific News

Hardly a day goes by without discussion about property, finance or a major development getting on to the news agenda in some part of the world. This section of the website brings you all the news about Savills from the Asia Pacific region.

Investment Quarterly Vietnam Q2/2017

Investment Quarterly Vietnam Q2/2017

21 August 2017

In the first half of 2017, Vietnam continued to attract significant Foreign Direct Investment (FDI). FDI disbursement reached US$7.72 billion, up 6.5% YoY while registered FDI was US$19.22billion, increasing by 54.8%compared to the same period last year. Much of the increase in FDI was in the manufacturing sector, and as a result was driving industrial developments. In May, Hemaraj Land & Development from Thailand and Vietnam-based Cienco 4 secured approval for their US$1 billion joint venture industrial park, covering 3,200 hectares of land area, in Nghe An Province, northern Vietnam.

 
 
Hall & Prior JV Shells Out $13m for Woodside Icon

Hall & Prior JV Shells Out $13m for Woodside Icon

16 August 2017

The joint venture aimed to develop and repurpose the property into a world-class aged care facility to serve the Fremantle community. 

 
 
Perth’s Iconic Miss Maud Hotel to Fetch $10m Plus as Group’s Coffee Houses Continue to Expand

Perth’s Iconic Miss Maud Hotel to Fetch $10m Plus as Group’s Coffee Houses Continue to Expand

16 August 2017

Iconic Perth CBD hotel, Miss Maud, is on the market as international visitor numbers pass the 900,000 mark for the first time and more than $10 billion is injected into infrastructure projects.

 
 
Camberwell Development Site Sells for $5,500,000

Camberwell Development Site Sells for $5,500,000

16 August 2017

A Toorak Road development site of 1,700sq m with over 36 metres of frontage to Toorak Road has sold prior to auction for $5.5 million.