Business

Keppel launches $600-million fund to invest in Vietnam

By Ha Linh December 04, 2020 | 03:06 PM GMT+7

Keppel Capital Holdings in collaboration with Keppel Land Limited has launched a Vietnam-focused real estate fund with a target fund size of $600 million.

The Estella, a residential development by Keppel Land in Ho Chi Minh City

The fund has achieved its first closing of $400 million, including co-investment commitment from a global institutional investor.

The fund seeks to invest alongside Keppel Land in real estate projects, including residential developments, commercial properties as well as mixed-use projects and townships in Vietnam, with a focus on Ho Chi Minh City and Hanoi.

Alpha Investment Partners Limited, the private fund management arm of Keppel Capital, will be the fund manager, while Keppel Land will be the development and property manager of the properties in the Fund.

When fully leveraged and invested, the fund will potentially have assets under management of approximately $1 billion.

Vietnam's opportunity in a shifting global EV market

Vietnam's opportunity in a shifting global EV market

Business -  5 day

The global electric vehicle boom presents numerous opportunities for Vietnam's economy, supported by leading technology suppliers like Bühler Group.

Maersk expands northern Vietnam operations with first bonded warehouse

Maersk expands northern Vietnam operations with first bonded warehouse

Business -  2 week

A.P. Moller–Maersk has launched its first bonded warehouse in Vietnam, situated in the SLP Park in Nam Dinh Vu Industrial Park, Haiphong.

T&T Group unveils $4.5 billion sports complex and theme park project in Hanoi

T&T Group unveils $4.5 billion sports complex and theme park project in Hanoi

Business -  3 week

Vietnam's T&T Group and Qatar’s JTA investment group have unveiled plan to develop a $4.5 billion international-standard sports complex and Disneyland-style theme park in Hanoi’s Dong Anh district.

Quang Nam’s mountain produce makes its debut at Mena Gourmet Market

Quang Nam’s mountain produce makes its debut at Mena Gourmet Market

Business -  3 week

This initiative aims to bring unique agricultural products from the region to visitors and consumers in Vietnam.

MiLAW Project: A breakthrough in space exploration

MiLAW Project: A breakthrough in space exploration

Business -  1 month

Michelin has been selected by NASA to participate in the research team for phase 1 of the Artemis project. The company's task involves researching and developing specialized airless wheels intended for lunar rovers.

Why the principle of “Trust” drives Bcons Group’s success

Why the principle of “Trust” drives Bcons Group’s success

Business -  1 month

Bcons Group has been leaving a lasting impression on the southern Vietnam’s real estate market. At the core of its achievements lies a single principle - “Trust” - the foundation that has propelled the company toward success and accelerated its transformation into a multi-industry conglomerate.