Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
New Member Introductions
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 9 years ago on . Most recent reply

User Stats

3
Posts
1
Votes
Luan Nguyen
  • Ho Chi Minh, Ho Chi Minh
1
Votes |
3
Posts

New member from Vietnam

Luan Nguyen
  • Ho Chi Minh, Ho Chi Minh
Posted

Hi my name is Luan from Vietnam. I'm an investment associate managing $100 million at a leading investment bank in Vietnam. Recently there's a deal to buy 22% shares of a company that owns several premium real estate locations in Ho Chi Minh City at a total price of $14 million:

1. Head office: area size 147 square meters, construction floor 707 square meters

2. Commercial tower: area size 798 square meters, construction floor 5,815 square meters

3. Office tower: area size 511 square meters, construction floor 3,618 square meters

and several other warehouses with total areas (including those above) of 19,909 square meters and construction floor of 20,471 square meters. 

Since number 2 alone is worth at least $22 million, because it's a prime location and is currently rented by a worldclass luxury goods brand, I think this deal is so cheap. 

The auction started at a price that valued the whole business at $14 million, so I thought it was very attractive. Do you think so? 

Loading replies...