Indochina Capital, one of major foreign investment funds in Vietnam , has announced to launch Indochina Land Holdings 3 with a committed capital of 180.3 million USD to invest in property industry.
“Despite the challenging investment climate, our core base of global institutional investors continues to recognise the potential of Vietnam ’s real estate market,” Peter R. Ryder, managing director of Indochina Capital, said while granting an interview to the Tuoi tre (Youth) newspaper on Nov. 23.
Ryder further said “Subscribers to our latest real estate fund represent leading institutional investors, the great majority of whom have participated in our previous funds, demonstrating enduring confidence in our ability to generate returns.”
The new fund will concentrate on urban and suburban residential projects and mixed-use developments with residential components in Hanoi and Ho Chi Minh City , the two primary urban markets in Vietnam .
Investors of the new fund are already invested in Indochina Land Holdings 2 and Indochina Land Holdings, Ryder added.
“ Vietnam ’s major urban centers continue to benefit from the country’s positive economic growth, compelling demographics and rapid urbanisation,” Ryder said. “In the context of global real estate investment, Vietnam ’s residential property market has demonstrated attractive domestic demand dynamics, supported by the country’s long term fundamentals.”
The official further said that the group is expected to earn a revenue of 50 million USD this year./.
“Despite the challenging investment climate, our core base of global institutional investors continues to recognise the potential of Vietnam ’s real estate market,” Peter R. Ryder, managing director of Indochina Capital, said while granting an interview to the Tuoi tre (Youth) newspaper on Nov. 23.
Ryder further said “Subscribers to our latest real estate fund represent leading institutional investors, the great majority of whom have participated in our previous funds, demonstrating enduring confidence in our ability to generate returns.”
The new fund will concentrate on urban and suburban residential projects and mixed-use developments with residential components in Hanoi and Ho Chi Minh City , the two primary urban markets in Vietnam .
Investors of the new fund are already invested in Indochina Land Holdings 2 and Indochina Land Holdings, Ryder added.
“ Vietnam ’s major urban centers continue to benefit from the country’s positive economic growth, compelling demographics and rapid urbanisation,” Ryder said. “In the context of global real estate investment, Vietnam ’s residential property market has demonstrated attractive domestic demand dynamics, supported by the country’s long term fundamentals.”
The official further said that the group is expected to earn a revenue of 50 million USD this year./.
