The Australian headquartered E.VO Global Asset Management Limited (EGAM), signed a significant structured property fund with leading Vietnam based business conglomerate and developer VN234.
The venture is expected to cover more than 30 property developments. This is a significant step forward for E.VO Global in their aim to become the leading sustainable development fund manager in Asia Pacific. The funds cornerstone investor is a long-term strategic investment partner of VN234, who envisage a total investment of $US10 Billion allowing for a rapid development of the projects.
Andrew Howard, CEO EGAM said, “This project is an important signing for EGAM as it solidifies our position as a stable investment opportunity and supports our strategy and belief that Sustainable Investments have high potential returns. We’re very excited to be working with VN234 on this project.”
The venture provides a secured investment opportunity in the Vietnam property sector for institutional and large scale investors and leverages off the EVO Global stable of sustainable technology companies.
The signing was immediately followed by VN234’s announcement of a significant sustainable property development in the southern city of Can Tho valued in excess of $US1billion and preparations for 30 similar projects in Ho Chi Minh, Danang and Ba Ria-Vung Tau.
E.VO Global (www.evo-global.com) develop initiatives and funds in the growing environmental and sustainable technology sector. This includes housing, bio fuels, alternative energy, carbon sequestration, land development and waste management solutions.
For further information contact:
Andrew McArthur-Edwards
CMO
0414477128
Press release published by www.seekingmedia.com.au
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