KKR-Led Consortium Invests $650M USD in Vietnam’s Leading Integrated Real Estate Developer (2020.06)

A KKR-Led Consortium, including Temasek Holdings, has invested in a 6% minority equity stake in Vinhomes Joint Stock Company which value translates to VND 15.1 Trillion ($650M USD). As Vietnam’s largest transaction in 2020, investment into Vietnam’s largest commercial real estate developer highlights the attractiveness of Vietnam’s growing real estate market.

With total domestic investment of $872M USD, Vietnam currently stands as the second largest M&A market in Southeast Asia this year. According to Euromonitor, Vietnam is also ranked as one of top five countries with fastest M&A growth performances in the world; other countries include Singapore, Philippines, Ireland and Qatar.