08.02.2013 - VietNam: Itís time for foreign investors to get real estate projects for a song
The lack of investment capital and gloomy domestic market have brought golden opportunities to foreign investors to buy real estate projects for knock-down prices.Park City in Ha Dong district in Hanoi, Splendora in Hoai Duc district and AIC urban area in Me Linh are the three out of tens of real estate projects Vietnamese developers have transferred to foreign investors. The involved parties in the transfer deals declined to reveal the value of the projects, but the sums of money Vietnamese developers got from the deals were much lower than the money they had to pay to obtain the right to develop the projects...............................................Full Article: Source
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