Hanoi sees good uptake in industrial property

Vehicles drive along a road in the old quarter in Hanoi. — Bloomberg

HANOI: Industrial property was a bright spot in the Vietnam real estate market through the first half of this year, according to CBRE Vietnam.

Under the Hanoi real estate market insight in the second quarter of 2023 released by CBRE Vietnam, net absorption of industrial land in Tier-1 markets reached 386ha and 397ha in the north and south, respectively.