KKR-led consortium invests $650m in Vietnamese realty firm Vinhomes

KKR-led consortium invests $650m in Vietnamese realty firm Vinhomes

Da Nang, Vietnam. Photo: Unsplash

A consortium led by private equity powerhouse KKR, which includes Singapore’s state investor Temasek Holdings, is investing $650 million in Vinhomes, the housing development arm of Vietnamese conglomerate Vingroup.