Vietnam’s Vincom shifts focus from expansion to upgrades
Inside Retail
MAY 3, 2023
Reports have been circulating for more than a month now that Thailand’s Central Group is in talks with Vietnam’s Vincom Retail that could lead to the Thai company buying a majority stake. Total GFA is now 1.747 million sqm, up 6 per cent from a year ago, but vacancy across the portfolio outside of prime CBD locations remains a problem.
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