08.01.2013 - VietNam: The biggest real estate M&A deals in 2012
A lot of investors had to transfer real estate projects in 2012 when their money got exhausted. Though the real estate market was frozen, it is now still the right time to make investment in the real estate sector, when the prices get cheaper. In March 2012, the real estate market witnessed a big merger & acquisition (M&A) deal, under which Daewoo E&C sold its 70 percent of stakes in Daewoo project to Hanel. The Vietnamese partner which held the other 30 percent of stakes in the joint venture, became the only owner of the five star hotel, located on the golden land area of Hanoi...............................................Full Article: Source
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