Indochina Strategic Honored With Major Win At Euromoney Real Estate Awards 2025
Vietnam, December 01, 2025 – Indochina Strategic, the real estate advisory arm of Indochina Capital, has officially been honored as “Vietnam’s Best Real Estate Advisor 2025” by the globally renowned Euromoney magazine.

Euromoney’s Real Estate Awards is one of the world’s most prestigious ranking systems with a 28-year history, organized annually by the global financial publication Euromoney. The awards aim to recognize companies with outstanding contributions to shaping industry trends, elevating standards, and promoting the sustainable development of the real estate sector—ultimately creating tangible value for society and the economy.
This accolade once again affirms Indochina Strategic’s efforts in delivering strategic, innovative, and localized advisory solutions. These solutions not only help clients optimize costs and maximize asset value but also contribute to advancing Vietnam’s real estate market toward international benchmarks in transaction quality. Indochina Strategic was recognized in Vietnam alongside Singapore’s Capitaland Development which was awarded ‘Vietnam’s Best Real Estate Developer’.
The judging panel recognized Indochina Strategic for a series of achievements over the past year, including:
- A portfolio of high-profile clients comprising the market’s most reputable developers and institutions.
- Record-breaking transactions in scale, value, and complexity.
- Capabilities in structuring sophisticated deals.
- Over USD 1 billion in total M&A transaction value – largest real estate M&A brokerage market share in Vietnam today.
The unit’s advisory revenue increased 70% year-on-year as of November 2024, driven by high-value deals in M&A and residential advisory, and is projected to grow an additional 40% by the end of 2025. More than 85% of revenue came from repeat clients, reflecting trust as well as strong capabilities in attracting foreign capital and executing transactions in line with international standards.
Prior to its 2025 successes, Indochina Strategic had been recognized multiple times by prestigious domestic and international awards, including:
- Best Real Estate Advisor at the 2018 Golden Dragon Awards;
- Best Commercial Real Estate Advisor in Vietnam at the APEA Awards (2018–2020);
- Outstanding Real Estate M&A Advisor in Vietnam at the M&A Forum by VIR Newspaper in 2019, 2020 & 2024;
- Best Real Estate Advisor in Asia and Best M&A Advisor in Asia 2025 by Global Financial Market Review.
With these achievements, Indochina Strategic continues to strengthen its position as Vietnam’s leading real estate advisory firms, accompanying clients on the journey of creating sustainable value and driving market development. Sharing about the milestone, Mr. Michael Piro, Co-CEO of Indochina Capital and Head of Indochina Strategic said that:
“We are honored to receive this recognition as Vietnam’s Best Real Estate Adviser. This achievement is especially meaningful amid strong competition from leading international firms, reaffirming that the combination of global expertise and deep local insight is the foundation for delivering sustainable value to our clients in Vietnam.”
Indochina Strategic was established on the foundation of Indochina Capital’s 25 years of experience and a proven track record in successful fund raising, deal structuring and real estate development. The Indochina Strategic team provides comprehensive advisory solutions, ranging from project development consulting to structuring and executing large-scale M&A transactions across all real estate asset classes.
Over the past 10 years, Indochina Strategic has solidified its position as a market leader in real estate advisory and brokerage in Vietnam. Backed by extensive hands-on experience and sharp strategic insight, the team has cultivated a competitive advantage strengthened by a deep network of reputable domestic and international investors.
As a result, Indochina Strategic has successfully executed significant transactions, helping clients, industry experts, and partners maximize returns and unlock their full potential. Key milestones include: brokering real estate transactions with a total value exceeding USD 1 billion in Vietnam; securing more than USD 500 million in non-recourse financing; and distributing over 3,000 high-end apartments and villas with a total transaction value of approximately USD 1 billion.
For additional information, please visit: Euromoney.com.






