Tough times for real estate businesses

Tough times for real estate businesses

Financial statements in the fourth quarter of 2022 clearly reflected the difficulties that the market suffered last year.
Domestic groups prepare for future with M&A transactions

Domestic groups prepare for future with M&A transactions

While some foreign funds have stopped considering new investments in the Vietnamese market, domestic real estate businesses are actively acquiring projects and increasing land funds to prepare to invite overseas partners when the pandemic is finally under control.
TTC Land finalises 30 per cent charter capital hike

TTC Land finalises 30 per cent charter capital hike

Sacomreal JSC—the real estate arm of Ho Chi Minh City-based commercial lender Sacombank, now TTC Land—has just announced the results of its share distribution to raise its charter capital by 30 per cent.
TTC Land triples first quarter revenue over-year

TTC Land triples first quarter revenue over-year

TTC Land reported stellar revenue in the first quarter of 2018, tripling the figure in the previous year.
TTC Land raises capital for Western-style management after name change

TTC Land raises capital for Western-style management after name change

TTC Land, previously Sacomreal JSC, will raise capital from existing shareholders and adopt a Western-style management structure to lure in foreign investors.
TTC Land jumps into industrial zone segment

TTC Land jumps into industrial zone segment

Sacomreal decided to set foot in industrial zone and resort development, as well as the commercial-rental segment after changing its name to TTC Land.