News

"GFS has officially appointed Savills Vietnam to provide building management services for premium mixed-use project, The Five Star West Lake, in Tay Ho District, Hanoi."

"June 2020, Ha Noi - Savills Vietnam has been officially appointed as Leasing and Marketing consultant for TNI Holdings full industrial parks portfolio."

"In June/2020, the leading international real estate consultancy, Savills Vietnam has been appointed to provide management services for mixed-use complex Le Capitole. The project was developed by the Hanoi Housing Development and Investment JSC No. 52."

"Savills Experts interactive webinars are to help you navigate investing into SE Asian real estate under COVID-19."

"Savills Hotels recent survey investigated the business situation following the reopening of hospitality market. The survey found encouraging signs and useful insights with key outtakes summarized below."

"A recent Ministry of Finance ruling is set to send ripples across Real Estate businesses, especially those with extensive asset portfolios. The International Financial Reporting Standards (IFRS) adoption roadmap commits to improved transparency and brings financial reporting in Vietnam closer to global standards. "

"Hospitality was among the first industries to be hit by and likely will be among the slowest to fully recover."

"The Serviced Apartment sector is feeling pressure, particularly as their main occupants are foreigners, the majority of which have returned to their home countries. Buy to let investors will also compete for the same tenant pool. Once borders reopen then this asset class will recover quickly."

"Hospitality was the first to suffer, however it is likely to be quickest out of the slump. In the midterm domestic travelers will drive occupancy. Vietnam is fortunate in being able to reactivate quickly."

"The Pound Sterling has fallen to its lowest level against the US Dollar since 1985."