REAL ESTATE PORTFOLIO Energising prosperity for investors in Vietnam
ContentsWhy invest in Vietnam? 06VinaCapital Real Estate 10VinaLiving 12Projects Under ConstructionThe Garland 16Dai Phuoc Lotus 18My Gia Township 20The Ceana Villas & Resort 22World Trade Center Danang 24Danang Beach Resort 26Projects Under DevelopmentCentury 21 30Green Park Estate 32Pavilion Square 34VinaSquare 36Aqua City 38Phu Hoi City 40Binh Duong Township 42Times Square Hanoi 44Operating AssetsHung Vuong Plaza 48Mövenpick Hotel Saigon 50Sheraton Nha Trang Hotel and Spa 52Mercure Hanoi La Gare 54Mövenpick Hotel Hanoi 56Sofitel Legend Metropole Hanoi 58About VinaCapital 60Our offices 62
A key factor in Vietnam’s developmentis the transformation of its urban landscape
WHY INVEST IN VIETNAM?Vietnam is a fast growing emerging reflects an economy with many An important part of Vietnam’seconomy of 87 million people and opportunities and ever expanding development is the transformation ofis undergoing the most exciting demand-supply imbalances across its urban landscape. As incomesperiod of change and unprecedented most real estate sectors. These increase, demand is growing for newdevelopment in its history. Despite strong fundamentals based on a and well-planned residential areas alongchallenging global economic young, literate and entrepreneurial with modern retail space and leisureconditions, Vietnam continues on population, a stable political facilities. Vietnam is also increasinglyits path of sustainable growth, environment and a strategic location recognised as one of the most popularsecond only to China in the region. at the heart of Asia will underpin tourist destinations in Asia. Still in theAn average long term (historic and Vietnam as one of the most attractive early stages of development acrossforecast) annual GDP growth rate of real estate investment destinations all sectors, Vietnam offers a wealth of7 percent for the past decade for the foreseeable future. development opportunities.
Sustainable growth is fuelingdemand-supply imbalances
In-depth local knowledgeUnmatched deal sourcingDisciplined investment & execution
VINACAPITAL REAL ESTATEVinaCapital Real Estate Ltd is the With a team that balances developments in Vietnam - includingreal estate investment and best-in-class international expertise residential, retail, office, industrial,development arm of the VinaCapital and local knowledge, VinaCapital hospitality and large-scale integratedGroup, whose investment funds provides unparalleled access to the township projects. VinaCapital Realinclude VinaLand Limited (AIM: VNL), latest market information and Estate Ltd is at the forefront ofwhich has a net asset value of almost ongoing source of new deals. Vietnam’s changing urban landscape.USD700 million invested in over 30 Our real estate team has VinaCapital is Vietnam’s leadingprojects across Vietnam. VNL is the comprehensive expertise in sourcing, investment management and reallargest overseas fund dedicated to developing and marketing some estate development group withreal estate in Vietnam. of the most innovative property expertise across all property sectors.
Created by VinaCapital, VinaLiving is country ensuring we stay ahead of Vietnam’s first residential lifestyle brand our competitors, meet our customers’ that provides a tailored-living product demands and maximize our brand dedicated to the new generation of awareness. This initiative has created a Vietnamese homeowners. Launched platform to ensure exposure and sales in 2010, VinaLiving has been the of our residential projects across the selling brand for more than ten of our country. residential projects and has captured In a time when our urban landscapes the local market’s trust to achieve are changing at an extraordinaryBEST DEVELOPMENT premium sales value through betterMARKETING VIETNAM pace, VinaLiving is focused on VinaLiving living environments, international build by VinaCapital developing quality environments quality, innovative designs and well which will create lasting value for our thought out living environments and customers to enhance our reputation communities. and ensure repeat sales now and in Our newly opened VinaLiving Property the years to come. Centre is the first of its kind in the
1. The Garland 4. The Ceana Villas & Resort2. Dai Phuoc Lotus 5. World Trade Center Danang3. My Gia Township 6. Danang Beach Resort
THE GARLANDThe Garland is a boutique residential project located in District 9, a fast growing residential suburb of Ho Chi Minh City.The development features 53 detached and semi-detached villas within a gated community and a high-rise condominiumtower. On completion the project will provide recreational parks, a swimming pool and a children’s playground. The Garlandprovides a magnificent living environment close to all services and amenities including schools, shops and major futureroadways. The project exemplifies a modern and contemporary lifestyle in the heart of an urban city.Launched in January 2010, the villa component of the project is now 100% sold. Hand-over started in June 2011 andis ongoing.16
Development Type ResidentialLocation District 9, Ho Chi Minh CityTotal Land Area 27,654 sq.mNumber of Villas 53Launch Date January 2010Status All 53 villas soldCompletion Date March 2011 Swimming pool, recreationalFacilities park & children’s playgroundDeveloped by:
DAI PHUOC LOTUSDai Phuoc Lotus is a landmark resort-style urban development project covering 200 hectares on an island of 400 hectares in abranch of the Saigon River. The island township is located strategically between Ho Chi Minh City and the future Long ThanhInternational Airport. Offering a luxurious and contemporary lifestyle and surrounded by lush greenery, the developmentcombines the best in ecological planning, creative designs and modern living comforts. The 200 hectare project will transformthe area with office buildings, shopping centres, residences, a marina, recreational facilities, hotels, and public facilities in themidst of parks and lakes.The project’s first release, Zone 5 with 4 phases, comprising 332 villas of 2 to 5 bedrooms, was officially launched in early April2011. To date, 232 villas have been released and over 70% have been sold. Zone 5 Sen Phuong Nam Development Type Township (integrated residential) Site Area 22 ha Launch Date April 2011 Expected Q1 2013 Completion Date Retail, golf course, schools, Facilities medical facilities, hotels, parkland, tennis courts, swimming pool Developed by:18
MY GIA TOWNSHIPMy Gia is a 158-hectare township strategically positioned between the mountains and the famous beaches of Nha Trang, oneof the most popular coastal tourist destinations in central Vietnam. The township will offer a mixed-use community combiningvillas, townhouses, apartments, hospital, international school, retail centre and entertainment facilities.Phase I was launched in Q4 2010 and comprises over 1,095 land parcels. A display village is now under construction and willofficially launch on 15 0ctober 2011.Masterplan of My Gia Township
Development Type Township Vinh Thai District, Location Nha Trang City, Khanh Hoa Province Site Area 158 ha Residentia: 706,924 sq.m Public Facilities: 111,006 sq.m Project Summary Commercial Development: 41,093 sq.m Landscaping & Sports: 89,727 sq.m Administrative Facilities: 14,232 sq.m Launch Date Q4 2010 Completion Date 2015 Status 68% sold to date of Phases 1-4 Developed by:Perspective of Parcel 2
THE CEANAVILLAS & RESORTThe Ceana Villas and Boutique Resort is a beachfrontdevelopment comprising a 4-star 82-key resort and 23residential villas with a further 8 individually designedbeachfront residences, the residential element allbenefiting from freehold title.The Ceana enjoys an excellent location within thepicturesque old town of Hoi An, an area rooted intraditional beauty and culture yet less than a 30 minutedrive from Danang City and its International Airport.The 82-key boutique resort will be of contemporarymodern Hoi An style and the total 31 residential villaswill have a variety of sizes, ranging from 3 to 5 bedrooms,individually designed for a unique identity.Development Type Residential Son Tra - Dien Ngoc Coastal Road,Location Hoi An Town, Quang Nam Province, VietnamSite Area 86,076 sq.mNumber of Villas 31Launch Date Q4 2011Expected Q4 2013Completion Date Hotel, swimming pools, retail shops,Amenities tennis court, spa and restaurantDeveloped by:
WORLD TRADE CENTERDANANGThis spectacular mixed-use development is located on an exceptional site in the center of Danang, Vietnam’s third city.Fronting the beautiful Han River and joined to the existing CBD by the city’s iconic swivel suspension bridge, the 9-hectaresite will be transformed into a vibrant commercial and residential district with over 500,000 sq.m of development, to beconstructed in three phases and due for completion in 2017.The World Trade Center will comprise offices, an international standard hotel, a conference and exhibition center, twohigh- end residential towers, and two retail developments including a supermarket, a department store, cinemas, restaurantsand cafes. The plans allow for high quality public open space within the development site, which will link up with 17,000 sq.mof riverside boardwalk that will be upgraded as part of the overall development.The first residential tower which provides 225 units, named Azura, is under construction and will be completed in Q1 2012. The firstretail project is now under concept design with construction scheduled to commence in early 2012.The proposed retail centre will comprise the first (in country) department store with adjoining shopping mall of total size of72,500 sq.m of GFA (including parking). Commercial Development: Retail Mall, Phase Office Tower, Hotel. 1 Residential Development: 2 riverside residential towers (1 now under construction) Commercial Development: Department Store, Phase Exhibition & Conference Center, Hotel. 2 and 3 Residential Development: Further riverside high-end residential and mid-level residential projects Developed by:24
DANANG BEACH RESORTLocated less than 20 minutes from Danang International airport and the UNESCO World Heritage site of Hoi An, DanangBeach Resort is destined to be the ultimate resort destination in Vietnam. The central pieces of this world class integratedresort are two spectacular 18-hole championship golf courses. The first 18-holes designed by internationally renowned coursedesigner Greg Norman is now fully operational. The 260-ha site will also include a five-star hotel, a retail centre, a private clubhouse and a recreational facilities. The residential components comprise The Ocean Villas, The Cham, The Dune Residencesand Norman Estates, totaling approximately 300 villas and condominiums with panoramic views of the mountains, pristinebeaches and serene golf courses.Phase 1 - 3 of The Ocean Villas have been launched with over 95% sold to date. The Dune Residences were 100% sold inQ1 2011, and after a highly successful launch in June, Norman Estates is now 40% sold as of Q3 2011.Danang Beach Resort was recently voted the Best Golf Development in Vietnam and Asia Pacific at The Asia Pacific Property Awards 2011.26
Son Tra - Dien Ngoc Coastal Road,Location Ngu Hanh Son District, Danang, Vietnam ° The Dunes Golf Course (18-hole Championship Golf Course fully operational) ° 114 Detached Villas (The Ocean Villas) ° 132 Beach Condominiums (The Cham)Description ° 15 Detached Golf Course Villas(Phase I) (The Dune Residences) ° 37 Norman Estates Golf Course and Ocean front Villas (Norman Estates) ° Five-Star Hotel ° The Ocean Villas Beach ClubDeveloped by: Norman Estates The Dune Residences The Cham Condominium
The Ocean VillasThe Beach ClubDanang Golf Club
2 GOLF DEVELOPMENT ASIA PACIFIC 3 BEST GOLF Danang Beach Resort DEVELOPMENT by VinaCapital VIETNAM Danang Beach Resort by VinaCapital 1 4 6 5 Future development 1 2 3 4 5 629
1. Century 21 5. Aqua City2. Green Park Estate 6. Phu Hoi City3. Pavilion Square 7. Binh Duong Township4. VinaSquare 8. Times Square Hanoi
CENTURY 21Century 21 is located on a prime 30-ha land site in District 2 of Ho Chi Minh City. The site will be developed predominantlywith residential housing and 5 ha for retail/commercial. Located on the junction of the future Long Thanh-Dau Giay Highwayand Do Xuan Hop Street which is planned to widen to 40-meters, the Century 21 project has excellent exposure for a retailshopping mall. The Long Thanh-Dau Giay, a major highway connecting the City CBD to the future Long Thanh InternationalAirport, is under construction and expected to complete by 2015.In addition, with the opening of the Thu Thiem Tunnel(connecting District 1 and District 2) expected in November 2011, the site will be easily accessible to the CBD. Mixed-useDevelopment Type (Residential and Retail)Location District 2, Ho Chi Minh CitySite Area 30 haTotal estimated GFA 570,000 sq.m Plot ratio: 2.0Development Parameters Site coverage: 40% Height limit: 25Expected Launch Date Q3 201232The above images are for illustrative purposes only
Existing Road Road built but not yet open Road under construction Road under planning/compensationCentury 21
GREEN PARK ESTATE Green Park Estate is a mixed-use development located in a densely populated area near Tan Son Nhat International airport and approximately 8 km to the City centre. This 26.67-ha site will accommodate a number of uses including a freestanding retail shopping centre, mixed-use commercial, sport and recreational facilities. The development is perfectly positioned to capitalise on the growing demand for mixed-use/retail facilities in Ho Chi Minh City.Development Type Mixed-use (Retail/ Commercial)Location Tan Phu District, Ho Chi Minh CitySite Area 266,687 sq.mExpected Launch Date Q1 2012 34 The above images are for illustrative purposes only
PAVILION SQUARE Situated in a prime location within a short distance from the central business district of Ho Chi Minh City, Pavilion Square will comprise a mixed-use development offering a luxurious living environment, consisting of three 25-storey residential towers plus one 25-storey resettlement tower over 4 levels of podium parking and approximately 10,000 sq.m of podium retail mall. The residential towers will offer a variety of spacious one to four bedroom apartments, and luxury penthouses with spectacular views of Ho Chi Minh City. Development Type Mixed-use (Residential and Retail) Ben Thanh Market Location District 1, Ho Chi Minh City 23/9 Park Site Area 14,424 sq.m Total GFA 160,000 sq.m (Retail GFA: 10,000 sq.m) Plot ratio: 11.2 Development Site coverage: 50% Parameters Height limit: 30 storeys 1,092 units (792 residential condos Total Units and 300 resettlement units) Expected Launch Date Q1 2013 Expected Q1 2016 Completion Date Developed by:Pavilion Square The above images are for illustrative purposes only
The below images are for illustrative purposes only Development Type Mixed-use (Residential and Retail) Location Tran Phu Street, District 5, HCMC Site Area 30,972 sq.m 278,748 sq.m Total GFA (Retail GFA: 59,888 sq.m) No. of Units 1,282 apartment units Expected Launch Date Q1 2012 (Residential) Expected Completion Date 2016 Developed by: DISTRICT 10 23-9 Park DISTRICT 1Vinasquare DISTRICT 5 38
VINASQUAREVinaSquare is a landmark high-profile development site of 30,972 sq.m strategically located in District 5 which is one of themost densely populated areas known as Chinatown of Ho Chi Minh City, with three street frontages and excellent exposure.This flagship development will consist of over 1,200 residential apartments for sale, retail, office, hotel and servicedapartments.
AQUA CITYAqua City is an upscale, resort-style urban residential township development. The project is located in Long Hung commune,Long Thanh District, Dong Nai Province, a part of the emerging industrial heartland, some 45 minutes outside of Ho ChiMinh City. Surrounded by the beautiful Dong Nai River, Aqua City development will transform a 250 hectare site with officebuildings, shopping centres, hotels, schools, residences, recreational facilities and a marina alongside with appealing parksand serene waterways. The proposed Long Thanh International Airport is only 15 km away. The development will spread overthree phases with Phase I of 37 hectares40
Development Type Township Long Thanh District,Location Dong Nai ProvinceSite Area 250 ha Retail, schools, medical facilities,Facilities hotels, parkland, tennis courts, swimming poolExpected Launch Date Q3 2012 (Phase 1) Developed by:
PHU HOI CITYPhu Hoi City is a 83.99 ha township development site strategically located opposite the future Nhon Trach City’s Administrationand Commercial Centre, within the Nhon Trach New City, Dong Nai Province. The site is positioned approximately 20 km fromHo Chi Minh City and 15 km from the future Long Thanh International Airport. The development will consist of a residentialarea with villas, townhouses, apartments and a commercial centre.42
Development Type TownshipLocation Nhon Trach City, Dong Nai ProvinceSite Area 83.99 haDevelopment Site coverage: 54%Parameters Height limit: 12 storeysExpected Launch 2012DateExpected 2015Completion DateDeveloped by:
BINH DUONG TOWNSHIPSituated in Binh Duong Province which is a large industrial zone located 22 km north of Ho Chi Minh City, Binh DuongTownship offers easy access to industrial parks and proximity to the city centre. The project will transform 126.7 hectares ofclear land into a modern mixed-use community of well-planned residential apartments and commercial/retail centres. Development Type Township Location Di An District, Binh Duong Province Site Area 126.7 ha Villas/Townhouses: 424,400 sq.m Apartments: 39,000 sq.m Facilities Commercial: 238,000 sq.m Landscaping/Roads: 558,600 sq.m Expected Launch 2012 Date Developed by:44The above images are for illustrative purposes only
TIMES SQUARE HANOI Times Square Hanoi is a landmark mixed-use development on a site of 40,000 sq.m in My Dinh, the new urban development area in western Hanoi. The site is located adjacent to, and linked to Hanoi’s most popular retail hypermarket, Big C. The site also faces the main boulevard, Pham Hung Road across from the National Convention Centre. This development is at the apex of a new high-rise development zone strategically located between the traditional Hanoi City Centre and the Noi Bai International Airport. Times Square has a distinctive high-rise design and features a unique and exclusive plaza together with a free standing retail and commercial building of 100,000 sq.m. The high-rise elements offer a combination of hotel, office and three residential towers. Mixed-use (residential, Development Type retail, hotel and office) Pham Hung Road, Location My Dinh, Hanoi Site Area 40,000 sq.m Total estimated GFA 320,000 sq.m Plot ratio: 8 Development Site coverage: 45% Parameters Height limit: 58 storeys Expected Launch Date Q1 2012 Developed by: To Hanoi CityTo Airport Times Square Hanoi Re sid en tia l d oa ngR y Hu Ph Big C Du am n Hypermart Tra Hu ng y rit Ro ho lex ad National ut mp Conference iA o no l C re) Centre Ha fficia Futu O ( The above images are for illustrative purposes only
HUNG VUONG PLAZABuilt on a 9,453 sq.m site in an established residential and commercial district, Hung Vuong Plaza has a total gross floor areaof 92,148 sq.m that features an 8-storey retail tower and 276 luxury spacious 3-bedroom apartments.Hung Vuong Plaza is located near schools, universities, hospitals and Ho Chi Minh City’s bustling Chinatown. It has been fullyoperational since June 2007 and includes facilities such as Parkson department store (one of the largest department stores inHCM City), Megastar Cinema, food court, ILA language school, swimming pool and fitness clubs. Basement parking is availablefor approximately 300 cars and 4,500 motorbikes. Development Type Mixed-use (Retail/Residential) Location District 5, Ho Chi Minh City Site Area 9,453 sq.m Total GFA 92,148 sq.m 8 storeys of retail podium with Development 48,000 sq.m GFA, 276 apartments components & 4 penthouses Retail under operation and Status Apartments 100% sold
MÖVENPICK HOTEL SAIGONThe Mövenpick Hotel Saigon re-opened on 1 August 2010 after a complete refurbishment. Conveniently located minutesaway from Tan Son Nhat International Airport, 10-minute drive from the White Palace international exhibition and conferencecentre and 20-minute drive from the City Centre, the Mövenpick Hotel Saigon is the only five-star international standard hoteloutside of the city Central Business District. The hotel comprises 278 rooms, five food and beverage outlets, five functionrooms, an e-gaming club, a fitness centre, a swimming pool and spa. It is the first Mövenpick branded hotel in Vietnam.Type Five-star Hotel Nguyen Van Troi Street, Phu NhuanLocation District, Ho Chi MInh CitySite Area 8,183 sq.mStatus In operationTotal Number of Keys 278 keys Five food and beverage outlets,Amenities five function rooms, swimming pool, fitness centre, spa and e-gaming club.52
SHERATON NHA TRANG HOTEL & SPAThe Sheraton Nha Trang Hotel & Spa was opened in March 2010 to be the first world-famous hotel brand on Vietnam’s coast.This five-star luxury hotel offers 285 rooms and suites, all with picturesque sea views and comprises a 33-storey tower makingit the highest building in the city. The hotel will redefine the standards for seaside accommodation in Vietnam, while alsoboasting extensive conference facilities to attract event-related businesses. Type Five-star Hotel Location Tran Phu, Nha Trang, Vietnam Site Area 3,690 sq.m Status In operation Total Number of Keys 285 keys Six food and beverage outlets, business centre, lounges, Amenities conference and function facilities, swimming pool, fitness centre and spa.
MERCURE HANOI LA GARELocated opposite Hanoi Central Railway Station, Mercure Hanoi La Gare is centrally located in the heart of the bustling citycentre. Situated close to the Old Quarter, commercial precinct and MICE Exhibition Center, this Hanoi hotel features moderndesign and facilities, 102 rooms, a French brasserie, internal courtyard and gym. The mid-range hotel is managed by theestablished hotel operator, Accor. Type Four-star Hotel Ly Thuong Kiet Street, Location Cua Nam, Hoan Kiem, Hanoi Site Area 660 sq.m Status In operation Total Number of Keys 102 keys Three food and beverage outlets, Amenities conference room and fitness centre
MÖVENPICK HOTEL HANOIMövenpick Hotel Hanoi is conveniently located in the heart of Hanoi’s business district and a 40-minute drive from Noi BaiInternational Airport. With distinctive French architecture as well as excellent services and facilities, this 154 room hotel isspecially tailored to meet the needs of discerning corporate and leisure travellers. Type Four-star Hotel Ly Thuong Kiet Street, Location Hoan Kiem, Hanoi Site Area 2,950 sq.m Status In operation Total Number of Keys 154 keys Two food and beverage outlets, Amenities four function rooms, e-gaming lounge, business centre, fitness centre and spa.58
SOFITEL LEGENDMETROPOLEHANOIA historic Conde Nast 2009 Gold List hotel located atthe heart of Hanoi. This flagship and multiple awardwinning Sofitel hotel blends Vietnamese hospitalitywith European luxury. The hotel was named the firstSofitel Legend in the world in 2009. The hotel features364 rooms and suites, 6 food and beverage outlets, 10function rooms, a swimming pool, a fitness centre anda brand new Le Spa du Metropole.Type Five-star Hotel Ngo Quyen Street,Location Hoan Kiem District, HanoiSite Area 7,469 sq.mStatus In operationTotal Number of Keys 364 keys 6 food and beverage outlets,Amenities 10 function rooms, swimming pool, fitness centre and spa.
Energising prosperity for investors in VietnamABOUT VINACAPITALVinaCapital is the leading investment management and real estate development firm focused on Vietnam, with a diversifiedportfolio of approximately USD1.8 billion in assets under management. VinaCapital was founded in 2003 and boasts a team ofmanaging directors who bring extensive international finance and investment experience to the firm. VinaCapital has officesin Ho Chi Minh City, Hanoi, Danang, Nha Trang, Phnom Penh (Cambodia) and Singapore. More information about VinaCapitalis available at www.vinacapital.com.
VinaCapital Investment Management Ltd manages three closed-end funds trading on the AIM Market of the London StockExchange. These funds, at a combined net asset value (NAV) of USD1.7 billion as of June 2011, make VinaCapital the largestasset manager focused on Vietnam and its neighbouring countries. The funds are:• VinaCapital Vietnam Opportunity Fund Limited (VOF), a diversified fund that invests in all asset classes, including listed and private equities, real estate, and bonds.• VinaLand Limited (VNL), a real estate fund that makes direct investments in the residential, retail, hospitality, industrial and office sectors.• Vietnam Infrastructure Limited (VNI), a fund that invests in infrastructure sectors including transport and logistics, power, telecommunications and the environment.VinaCapital Investment Management Ltd also co-manages the USD32 million DFJ VinaCapital L.P. technology venture capitalfund with Draper Fisher Jurvetson.