Savills Group CEO: HCM City – a promising market in real estate
Many foreign investors, including the UK’s Savills Estate Agents, have regarded Vietnam and Ho Chi Minh City in particular as a promising market in the property sector, Savills Group CEO Mark Ridley has said.
A corner of Ho Chi Minh City. Illustrative image (Photo: VNA)
HCM City (VNA) – Many foreign investors, including theUK’s Savills Estate Agents, have regarded Vietnam and Ho Chi Minh City inparticular as a promising market in the property sector, Savills Group CEO MarkRidley has said.
Mark Ridley told Vice Chairman of the HCM City People’s Committee LeThanh Liem on April 11 that the group hopes for more opportunities to lurepotential investors to Vietnam and its southern metropolis, contributing to thecity’s development in the future.
In the over two decades since it first stepped foot in Vietnam, Savillshas always received support from the Vietnamese Government’s policies, he said,lauding the country for its efforts in perfecting mechanisms and investmentenvironment.
Mark Ridley called for further support from HCM City’s leaders andrelevant departments and agencies in order to create more opportunities forforeign investors in the local real estate market.
For his part, Liem highlighted Savills Group’s potential, as wellas its contributions to Vietnam’s development over the years.
The official briefed his guest on the city’s infrastructuredevelopment, stressing that HCM City stands ready to welcome both domestic andforeign investors and consultants to cooperate with the locality in urbaninfrastructure development.
HCM City will always improve its investment environment and createthe best possible conditions for foreign investors to operate for a long termin the city, he pledged.
Founded in the UK in 1855, Savills is one of theworld’s leading property agents. It spans across the globe, with 600 officesacross the Americas, Europe, Asia Pacific, Africa, and the Middle East.
Savills Vietnam operates in the spheres of property consultancyand management; as well as housing, hotel, and resort business, among others. –VNA
Property consultancy Savills Vietnam on March 28 launched the Savills Property Management System (SPMS), which provides a new technology platform connecting property investors and house-buyers.
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A corner of Ho Chi Minh City. Illustrative image (Photo: VNA) 
