VNRE - Japanese and Singaporean real estate companies announced a joint project to invest in the housing market in Vietnam on November 25.
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The total investment capital of the venture is expected to reach US$215 million, with 75 percent of the total coming from two Singaporean real estate firms, including CapitaLand Company and the real estate investment division of Singapore’s sovereign wealth fund, GIC. The Japanese company Mitsubishi will contribute 25 percent of the investment capital.
Source: VNA
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