Skymont Capital

28/04/2026

Vietnam's logistics market is no longer one story. It's two.

The North (Bac Ninh, Hung Yen, Hai Phong) is in a structural shift — a second wave of semiconductor and high-tech manufacturers is arriving, rental rates are climbing, and the market is repricing fast.

The South (Binh Duong, D**g Nai, Long An) is mature, stable, and running at approximately 90% occupancy, backed by decades of logistics infrastructure and a deep ecosystem of manufacturers, 3PLs, and e-commerce operators.

Three things to watch in 2026:
1. Infrastructure is the real value signal — land near new expressways and container depots is repricing faster than anywhere else
2. Green specs are now a dealbreaker — ESG-compliant facilities are winning tenants; older parks are losing them
3. The north's rental gap with the south is closing and may happen within 12 to 18 months

Two ecosystems.

Different risk-return profiles. Different tenant bases. Different trajectories.

21/04/2026

Japan: Record Investment Volume and the Case for Continued Conviction.

Full-year 2025 commercial real estate investment in Japan exceeded JPY 6 trillion—a new all-time record. In Q1 2025 alone, foreign capital deployed into Japanese real estate surged 3.7 times year-on-year.

Tokyo retained its position as the world's top city for cross-border real estate investment for the seventh consecutive year, supported by a weak yen, robust governance reform momentum, and sustained residential price appreciation—Tokyo condo prices rose 9.5% year-on-year in early 2026, the 16th consecutive month of gains.

With the Bank of Japan's policy rate at 0.75% and gradual further normalisation expected, the rate environment remains accommodative relative to global peers. The risk-adjusted return profile that has drawn global capital to Japan shows no signs of fading.

Comprehensive 2025 Tokyo apartment investment guide for foreign investors. Market analysis, price trends, regional comparisons, and investment strategies for Japan's dynamic real estate market. Expert insights on yields, emerging areas, and risk factors.

14/04/2026

Vietnam: Industrial Real Estate as a Structural Story.

Vietnam's new Law on the Digital Technology Industry (effective 1 January 2026) designates semiconductor manufacturing and AI as priority investment sectors—accelerating an already powerful FDI wave from global chip makers executing China+1 strategies.

Vietnam's share of global semiconductor assembly, test, and packaging is projected to rise from approximately 1% in 2022 to 8–9% by 2032. The infrastructure to support this is scaling fast: over 300 operational industrial zones, with occupancy above 80%.

Industrial and logistics real estate is emerging as the standout property segment—benefiting from structural tailwinds that are independent of short-term macro volatility.

For investors seeking exposure to Asia's manufacturing reconfiguration, Vietnam's industrial corridor represents a compelling entry point.

Vietnam's industrial real estate value rises with high-tech investments like NVIDIA's R&D center. Semiconductor industry boosts growth supported by policies.

05/04/2026

Wishing you a very Happy Easter from all of us at Skymont Capital! 🐣🌷

We hope your long weekend is filled with joy, family, and a well-deserved refresh. Here’s to new beginnings and a bright season ahead! 🥂

30/03/2026

Japan’s Market Reforms: A New Discipline for Listed Companies.

Key Takeaways:
✓ Four years after the Tokyo Stock Exchange restructuring into Prime, Standard, and Growth, quality over quantity is the focus.
✓ March 2026 marks the final grace period for companies not meeting new listing standards. Non-compliant firms could face supervision status and eventual delisting.
✓ As of mid-2025, 208 companies still below criteria; 72 facing imminent deadlines.
✓ Reforms pressure firms with Price-to Book ratio

The TSE reorganized its four markets into three sections, then disclosed that 208 companies did not meet the criteria for continued listing on these markets.

20/03/2026

Selamat Hari Raya Aidilfitri! Wishing you and your loved ones a very joyous and blessed celebration. May this festival of forgiveness bring you peace, happiness, and abundant good fortune. The team at Skymont Capital wishes you a wonderful holiday. ✨🌙

05/03/2026

Niseko Takes Another Step Toward a Fully Integrated International Resort

Niseko continues to mature as an international resort destination, supported by meaningful mobility and infrastructure upgrades.

Uber Taxi has officially launched across Niseko and Kutchan, enhancing on-demand transport during peak winter periods and improving year-round accessibility—reflecting Japan’s broader shift toward app-based, cashless mobility.

International connectivity is also strengthening. Air Canada has announced a new seasonal nonstop service from Vancouver to Sapporo New Chitose Airport for the 2026 snow season—the only direct North America–Hokkaido route—significantly improving access for overseas visitors.

Locally, Kutchan has released a draft master plan to upgrade the Hirafu base area, including expanded parking, a new transport hub, and improved public facilities to ease congestion and modernize resort infrastructure.

While primarily public initiatives, these enhancements support sustained visitation, operational resilience, and long-term confidence in Hirafu as a mature resort core—underpinning property demand and long-term value.

The first non-stop flights from North America to Hokkaido are due to start from December 2026.

17/02/2026

Gong Xi Fa Cai! Wishing you and your loved ones a very Happy Lunar New Year! May the year of Horse bring you great prosperity, health, and abundant good fortune. The team at Skymont Capital wishes you a successful start to the new year. 🍊

10/02/2026

Vietnam Real Estate Outlook 2026: Capital Flows Favour Quality

Vietnam’s real estate market is entering a more disciplined phase, shaped by large-scale infrastructure investment and improving regulatory clarity.

As transport networks, urban connectivity and regional corridors expand, infrastructure is translating into genuine end-user demand and long-term productivity gains. This is extending development boundaries and unlocking land value, not only in major urban centres but also in emerging regions such as the Mekong Delta.

However, capital is becoming increasingly selective.

Investors are prioritising assets with clear legal status, resilient demand fundamentals and sustainable cash flows. The broad-based speculative activity seen in prior cycles is giving way to a more quality-led investment approach.

With approximately VND 1 quadrillion committed to infrastructure, legal reforms taking effect and social housing supply scaling up, the 2025–2026 period appears less cyclical in nature and more indicative of a structural reset in Vietnam’s property market.

Infrastructure enables growth.
Quality assets preserve and compound value.

https://vir.com.vn/public-investment-is-reshaping-real-estates-role-in-vietnam-145106.html

28/01/2026

Japan’s M&A market delivered an exceptional performance in 2025, emerging as one of the most active corporate deal environments globally. By December 2025, transaction volume involving Japanese companies had approached a record USD 350 billion, marking the highest annual deal value on record as global and domestic banks such as Citigroup, Daiwa Securities, and Goldman Sachs respond and expand dealmaking teams in anticipation of continued M&A demand.

Government and exchange reforms designed to improve shareholder returns and simplify corporate structures have helped transform Japan from a relatively slow deal market into a dynamic environment, including take-privates, divestitures, and strategic expansions. Furthermore, deal activity is not confined to one segment: corporates are pursuing restructurings and portfolio rationalizations, private equity firms are executing buyouts and carve-outs, and strategic cross-border transactions. Market commentary from investment banks suggests that 2026 is likely to see a continuation — if not an acceleration — of the M&A trend, supported by strong corporate balance sheets, strategic imperatives for portfolio repositioning, and a growing pipeline of announced and potential transactions.

Corporate governance reforms aimed at improving shareholder returns are helping to transform Japan into a hive of activity — the days when it was seen as a slow market with an occasional megadeal thrown in are disappearing fast. “Dealmaking in Japan is incredibly busy,” said Chris Laskowski, h...

21/01/2026

Vietnam’s industrial real estate market rebounded strongly in 2025, driven by record foreign direct investment and continued supply-chain relocation. Full-year registered FDI reached ~USD 38.4 billion, while disbursed capital rose to ~USD 27.6 billion (+9.0% YoY), the highest realized level in five years. These flows reinforce Vietnam’s position as a core manufacturing and logistics hub in Asia.

Manufacturing absorbed ~USD 22.9 billion, accounting for over 80% of realized FDI, alongside a record 4,054 newly licensed and adjusted projects—creating a strong forward pipeline for factory construction, job creation, and capital deployment across key corridors. As global manufacturers continue diversifying toward cost-competitive and policy-stable locations under the China+1 strategy, Vietnam remains a primary beneficiary, sustaining robust industrial absorption and demand for modern factories, warehouses, and logistics facilities.

/PRNewswire/ -- Vietnam's industrial real estate market is regaining momentum, supported by recovering manufacturing activity, resilient foreign direct...