Vietnam: VinaCapital offloads stake in township project, earns $15.8m net proceeds

Vietnam: VinaCapital offloads stake in township project, earns $15.8m net proceeds

A view of Dong Nai Province, Vietnam.

VinaLand Limited, the direct real estate investment arm of Vietnam’s asset management firm VinaCapital, has offloaded its entire stake in Phu Hoi City, a township project located in southern Dong Nai province, earning $15.8 million net proceeds.

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