Hanoi (VNA) – Ho Chi Minh City has been ranked fifth as AsiaPacific investors’ most preferred market for investments by CBRE Group, Inc.
CBRE’s Asia Pacific Investor Intentions Survey 2021 was conducted between November 9 and December 14 last year. As manyas 492 mainly Asia Pacific-based investors participated in the survey, whichasked respondents a range of questions regarding their buying appetite andpreferred strategies, sectors and markets for 2021.
“Ho Chi Minh City has already been on the radar of investors in recent years,especially those who are looking to invest in Southeast Asia, as the city isviewed as having the potential for greater appreciation in property values andhigher yields,” said Desmond Sim, Head of Research, Southeast Asia, CBRE.
“Other noteworthy movement in this year’s rankings included Ho Chi Minh City,which entered the top five for the first time. With the diversification ofsupply chains encouraging more manufacturing investment, industrial andlogistics assets are keenly sought after,” according to the survey.
Tokyo retained its top position as the most preferred city for cross-borderinvestment. The availability of high-quality assets and strong liquidity hasmade Tokyo a top-three investment destination since 2018.
It was followed by Singapore, Seoul of the Republic of Korea and Shanghai ofChina./.
VNA