Foreign investment fund joint venture behind the golden land fund about to be deployed in Da Lat

Báo Tuổi TrẻBáo Tuổi Trẻ19/11/2024

The golden land in the center of Da Lat city, next to Xuan Huong lake, is attracting the attention of domestic and international investors and media when receiving capital from foreign funds and investors.


Liên doanh đứng sau quỹ đất vàng sắp triển khai tại Đà Lạt - Ảnh 1.

Haus Da Lat received investment capital from BTS Bernina Fund and investor Terne Holdings Singapore.

Who are BTS Bernina and Terne Holdings?

Information in domestic and international press last week about BTS Bernina Fund and investor Terne Holdings Singapore investing in a Vietnamese enterprise has received attention from the public and investors.

According to the AP news agency, this fund and investor will invest and hold up to 30% of shares in a Vietnamese company, The One Destination - the investor of the Haus Da Lat project.

BTS Bernina and Terne Holdings Singapore are two prestigious investors in the world with total assets under management of up to billions of USD. Their investment preferences are businesses with "unique stories" in Asia and with fast growth rates, leading new trends in industries.

BTS Bernina is an open-end investment fund established on December 11, 2009, owned and managed by the world's leading financial experts. BTS Bernina allocates 60% of the fund's size to invest in Asia.

Over the past three years, the fund's performance has been 71.9%. This is a rare return for large investment funds. This shows that BTS Bernina's investment perspective and viewpoint are on the right track and have brought good results. BTS Bernina's Board of Directors consists of a team of experts with extensive experience in international finance and investment management.

The Fund has extensive expertise in navigating global markets, overseeing investment strategies, ensuring global regulatory compliance and driving success. Collective experience, particularly in real estate and emerging markets, enables BTS Bernina to capture growth opportunities and effectively manage complex global private equity investments.

The investment in Haus Da Lat project affirms BTS Bernina's commitment to high-quality, diversified assets in fast-growing markets, delivering value to the project and to investors through a combination of capital growth and cash flow growth.

Terne Holdings is a multi-industry investment company from Singapore. Terne's core areas include: real estate investment consulting and commercial cooperation, brand consulting, design...

Terne is headed by Caroline, with over 20 years of experience in the financial investment sector, as an executive director and senior leader at major Singapore investment funds and global financial institutions such as HSBC, Citibank, BNP Paribas, and Naga Capital. Caroline has experience managing up to 10 billion USD.

In addition, Caroline is also an authorised representative of the Monetary Authority of Singapore (MAS) to carry out activities regulated under the Securities and Futures Act (SFA).

Strength comes from the world's top quality human resources and its humane business philosophy. Inspired by the strong vitality of the tern, Terne Holdings is committed to sustainable development, focusing on health and creating a living environment in harmony with nature.

Terne Holdings does more than build, it delivers on its commitments. A promise to create living spaces where people and nature coexist, delivering quality, sustainability and lasting value in every project.

The attraction of Haus Da Lat

The One Destination is a pioneer in developing the ESG real estate model in Vietnam.

ESG is a set of standards that measure factors related to sustainable development and the impact of businesses on the community, abbreviated by Environmental, Social and Governance. The company has a series of projects being implemented across Vietnam, with a land fund of up to tens of thousands of hectares.

Liên doanh đứng sau quỹ đất vàng sắp triển khai tại Đà Lạt - Ảnh 2.

Actual image at the project location, Haus Dalat is being fenced off

The One Destination owns the last remaining golden land of Haus Da Lat in the center of Da Lat city. Haus Da Lat has an area of ​​5 hectares, located next to the poetic Xuan Huong Lake - a famous symbol of Da Lat people. Experts highly appreciate the prime location like a diamond of this land.

Liên doanh quỹ đầu tư nước ngoài đứng sau quỹ đất vàng sắp triển khai tại Đà Lạt - Ảnh 3.

Haus Da Lat is adjacent to Tran Quoc Toan walking street and Dinh Tien Hoang intersection - the most poetic street in Da Lat city.

From Haus Dalat, you can easily move to Cu Golf Hill (50m), Da Lat market (1km), Anh Sang park (500m), Lam Vien square (1.4km), Da Lat flower garden (1.8km)...

Haus Dalat is also highly appreciated for its "tailor-made" ESG standards from design, material selection, construction, operation to human factors, completely consistent with the fund's Environmental, Social and Governance goals, contributing to creating long-term value for future generations.

Haus Da Lat is also expected to benefit from the strong development of Lam Dong's infrastructure. Accordingly, from June 20, 2024, the Ministry of Transport issued Decision No. 758/QD-BGTVT to upgrade Lien Khuong airport to an international airport, creating momentum for economic and tourism development for Da Lat and Lam Dong province.

According to the plan by 2030, Lien Khuong airport will expand to 487 hectares, with a capacity of 5 million passengers/year and many international routes around the world.

In the first 9 months of 2024, Lam Dong welcomed 7.4 million visitors for sightseeing and relaxation, an increase of 13.7% over the same period in 2023.

By the end of 2024, Lam Dong is expected to welcome 10 million visitors, including 550,000 international visitors.

The above mentioned infrastructure and tourism factors promise to bring Haus Da Lat in particular and Da Lat's economy in general to a strong transformation.



Source: https://tuoitre.vn/lien-doanh-quy-dau-tu-nuoc-ngoai-dung-sau-quy-dat-vang-sap-trien-khai-tai-da-lat-20241119004218064.htm

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