Skymont Capital

21/10/2026

Vietnam: the FTSE upgrade and what it means for real assets.

On 21 September, Vietnam formally became an emerging market. It is now the 24th country in the FTSE Emerging Index, eight years after FTSE Russell first placed it on the watch list.

Index inclusion is phased in over four tranches through September 2027. Projected inflows reach up to USD 6 billion once active funds are counted.

The impact goes beyond equities. A deeper capital market gives private real estate more credible exit routes, and the upgrade comes as investors from more than 68 countries committed capital in Q1 alone.

MSCI is the next milestone. The World Bank estimates that both upgrades together could bring USD 25 billion of inflows by 2030.

The upgrade is complete. The next question for international investors is much more important: what should they do now? Vietnam has crossed one of the most important thresholds in the development of its capital markets. Effective from the opening of the market on 21 September 2026, FTSE Russell recl...

15/10/2026

On October 10th, we were honoured to celebrate a significant milestone with our investors, partners and team — the 10th Anniversary of Skymont Capital. A perfect 10! 🎊

Since our founding, Skymont has been guided by a clear mission — to deliver disciplined investment strategies, drive proactive asset enhancement, and build lasting partnerships across global real estate markets.

Looking back on a decade defined by growth, resilience, and strategic alignment, we extend our deepest gratitude to everyone who has contributed to our journey:

To our Clients: Thank you for your continued trust, support, and shared vision. Our success is fundamentally built on strong, collaborative alignment.

To our Partners: Thank you for your essential expertise in assisting us identify opportunities, unlock value potential and create future-ready asset portfolio.

To our Team: Thank you for your relentless dedication, professionalism, and unwavering commitment to excellence across every platform and market.

As we celebrate ten years of achievement, we remain ultra focused on embracing new growth opportunities, investing in our people, and reinforcing our commitment to investors in the decades ahead.

Here is to the next chapter together 🥂

08/10/2026

A big welcome to all our invitees for our upcoming Decennial Celebration this weekend!

This evening is a commemoration of a decade of growth and partnership, and we cannot wait to share this milestone with you.

We look forward to welcoming you for an evening of refined hospitality, racing energy, and celebratory moments.

See you soon! 🥂🏁

06/10/2026

Vietnam's Maturing Industrial Cycle

Vietnam's industrial and logistics sector enters the second half of 2026 looking less like an emerging story and more like an established one. The country posted 7.8% GDP growth in the first quarter, and disbursed foreign direct investment reached $5.4 billion — the strongest first-quarter figure since 2021. Registered FDI for the first half of the year climbed to roughly $34.65 billion, up 61% year-on-year, with capital continuing to flow into manufacturing, logistics and technology infrastructure.

The shift is qualitative as much as quantitative. Nationwide industrial park occupancy has risen to 88%, from 86% a year earlier, even as total operating industrial land expanded past 38,000 hectares. The more telling detail sits in what's being built: data center capacity, at roughly 525 megawatts in 2025, is forecast to reach 950 megawatts by 2030, and multi-story, hybrid warehouse-factory formats are becoming standard as tenants prioritize power reliability and logistics connectivity over raw floor space. Industrial parks are increasingly permitted to hold warehousing alongside factories, land-use policy catching up with how tenants actually operate.

The market's own read on itself is instructive: capital is moving away from cost-driven site selection toward higher value-added sectors — electronics, technology manufacturing, modern logistics — a sign the cycle is maturing rather than simply repeating.

According to Savills experts, FDI continues to flow into manufacturing, logistics, technology and digital infrastructure, changing property requirements for investors.

30/09/2026

Niseko continues to demonstrate why it remains Asia's benchmark winter destination heading into the 2026/27 season. The Niseko Tourism Board's 2025/26 winter report recorded 2.135 million total visitors across Kutchan, Niseko and Rankoshi, up 8.4% year on year, with much of that growth concentrated in the shoulder months of November and March — a sign the season is lengthening, not just peaking harder.

The international mix is diversifying too. The United States overtook Australia as Niseko's largest overseas overnight market for the first time, with 40,504 guests, up 15.2% year on year, followed closely by Australia, Hong Kong and Taiwan. International visitors spent an average of USD 3,700 per trip, roughly 4.5 times the domestic average, underlining the depth of high-value demand the resort continues to attract.

Access is expanding to match. Niseko United confirmed all four resorts will open on 28 November, with night skiing running through 22 March, while new nonstop flights from San Francisco and Vancouver to New Chitose launch this December, cutting out the Tokyo transfer for North American arrivals for the first time.

A longer season, a broader visitor base and easier access all point to another strong winter ahead.

The US became Niseko’s largest foreign overnight guest market for the first time in 2025-26, ahead of Australia, Hong Kong and Taiwan.

25/09/2026

Wishing you a Prosperous Mid-Autumn Festival.
From the Skymont Capital team.

27/07/2026

Southeast Asia's real estate story in 2026: slower, steadier, more selective.

The region is still expanding at a healthy pace, growing around 4.3% this year. But look closer at Vietnam, and the picture is more interesting than a headline number. The market has shifted gears — 2026 is proving to be a year where supply chain resilience, policy stability, and ESG standards matter more than sheer volume. Buyers are no longer chasing any warehouse in any zone; they're asking harder questions about what an asset can actually deliver.

That shift is playing out clearly in Hưng Yên. What was once a market defined by short-term speculative leasing is now anchored by serious manufacturing tenants — companies that need advanced production facilities, stable power, and integrated logistics networks to run their operations. Behind that shift sits real infrastructure momentum: a newly approved Hưng Yên Free Economic Zone, spanning more than 30,000 hectares with $18 billion in planned investment, is now moving toward central government approval. It's the kind of signal that tends to precede, not follow, real growth.

The broader lesson of 2026 seems to be this: markets that slow down aren't necessarily cooling — sometimes they're just getting more discerning. And in a market rewarding quality over quantity, assets with solid fundamentals and real utility are the ones worth watching.

Hung Yen property market outlook 2026: Infrastructure growth, industrial expansion, and top investment insights in Vietnam’s rising hub.

13/07/2026

The second half of 2026 is increasingly characterised by a rotation in institutional capital. Foreign investors have reduced exposure to listed Asian equities amid technology weakness, higher-for-longer interest rates in the US and geopolitical uncertainty, while improving pricing, easing financing costs in Asia and stabilising valuations have encouraged renewed allocations to private real estate. Rather than signalling a broad risk-off environment, investors are selectively increasing exposure to income-producing, inflation-resistant assets in Asia-Pacific.

Japan remains the primary beneficiary of cross-border capital, with Tokyo retaining its position as Asia-Pacific's most preferred investment destination for a seventh consecutive year. Investors continue to be attracted by low financing costs, stable cash flows, corporate governance reforms and opportunities for value creation through office, logistics, residential and hospitality assets. A parallel but distinct trend is unfolding across SE Asia, where capital inflows are driven less by equity-market rotation and more by structural growth and supply-chain diversification — Vietnam, Indonesia, and Malaysia are attracting sustained investment in industrial, logistics, and data centre assets.

Investors are using M&A to access the capital, power, and ​data capabilities needed to create value in a more disciplined real assets market.

19/06/2026

Northern Vietnam Industrial Real Estate Enters a Structural Growth Phase.

Northern Vietnam is moving from cost-led to capability-led positioning, and the 2026 supply build reflects it.

✔ Between 2026 and 2029, the region is forecast to add approximately 5,050 hectares of industrial land, nearly 1 million sq m of ready-built factories (RBF), and over 656,000 sq m of ready-built warehouses (RBW). RBF supply alone is projected to grow by more than 643,000 sq m in 2026.
✔ FDI momentum has accelerated, with over USD 15 billion committed in Q1 2026 — building on USD 38.4 billion registered across 2025.
✔ Gia Binh International Airport, the North–South Expressway expansion, and a planned free trade zone tied to deep-sea ports are repositioning the North as a green manufacturing and logistics hub.
✔ Recent example: Posco's USD 282 million battery materials plant in Thai Nguyen.

Tenant focus has shifted to ESG, power reliability, and supply-chain depth — not headline price.

From 2026, the industrial real estate market in the northern region is forecast to enter a new growth phase as strategic infrastructure projects near completion, supply expands, and green industrial parks become a decisive factor for foreign direct investment (FDI).

12/06/2026

London Prime Offices: Scarcity Becomes the Defining Variable in 2026.

Central London's two-tier market has hardened into structural shortage at the top end. Mayfair prime rents now sit at £185.00 per sq ft, West End at £182.50 (+14% YoY), and the City Core has just 1.1 years of Grade A supply remaining.

✔ New completions in 2026 are forecast at only 1.2 million sq ft — a 40% decline versus 2025, intensifying competition for best-in-class stock.
✔ Forecast prime rental growth of 4.6% (City) and 4.3% (West End) is concentrated in ESG-compliant assets with corporate-grade specification.
✔ Secondary and non-compliant buildings continue to face structural vacancy, repricing pressure, and rising capex requirements to remain leasable.

Active asset management and disciplined underwriting remain the defining edge.

Summary and analysis of Central London's current office real estate market conditions.