Vietnam: VinaCapital exits Times Square, LienVietPostBank acquires Sacomreal

Vietnam: VinaCapital exits Times Square, LienVietPostBank acquires Sacomreal

Sacomreal project design - taken from the company website

New market developments in the Vietnam real estate industry have seen VinaCapital exit the Hanoi-based mixed-use project, called Times Square, selling to Elite Capital Resources Limited. Meanwhile, banking institution LienVietPostBank has decided to purchase bonds of Sacomreal for VND500 billion.

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