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Indochina Land eyes US$1b for 2 new Vietnam funds

(LONDON) The property arm of Vietnamese financial services firm Indochina Capital said yesterday that it wanted to raise a minimum of US$1 billion for two new investment funds. In a statement, Indochina Land said it planned to soon launch its third real estate fund, Indochina Land Holdings 3, as well as Indochina Infrastructure Holdings, which […]

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Global property investment expected to fall

Mortgage defaults in US may prompt lenders to tighten credit, says JLL (TOKYO) Global direct real estate investment may fall this year as concerns about defaults on US mortgages prompted lenders to tighten credit, said Jones Lang LaSalle Inc, the world’s second-largest commercial real estate broker. Asia may be the only market to experience an […]

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Uganda housing shortage to continue

(KAMPALA) The demand for office space and quality residential accommodation will continue unabated in Kampala, the capital of Uganda, fuelled by a rising middle class and offshore interest and increased investments, a global property firm has predicted. Britain-based Knight Frank’s Africa Report 2007, launched recently, said Kampala was short of office, retail, industrial and accommodation […]

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