VinaLiving launches Azura apartments at World Trade Center Danang

19 March 2010
For immediate release

VinaLiving presents ‘The Azura at World Trade Center Danang’ 

DANANG – VinaLiving, Vietnam’s first tailored living and lifestyle brand, is pleased to announce the launch of The Azura luxury apartment tower in central Danang. The 32-storey apartment building is located on Ngo Quyen Street (An Hai Ward, Son Tra District) in the heart of Danang, alongside the Han River and only 1.5km to the beach.

The stunning location will make The Azura by VinaLiving one of Danang’s premiere residential addresses. Highly experienced development partners have been appointed to ensure design and construction quality, including ANS (Architects), APEC (Structural Engineers), Indochine Engineering (M&E Engineers), KSK (Quantity Surveyors), and Meinhardt (façade consultant).

The Azura luxury apartment tower will offer one- to four-bedroom units to meet a variety of lifestyles. Facilities will include a swimming pool, gym, commercial centre, convention centre and a four-star hotel. The apartment tower is part of the World Trade Center Danang project, which will include a commercial centre with shops, restaurants and cafes, a convention and exhibition centre and two hotels, promising its residents a modern and comfortable life. The WTC Danang project is being developed by VinaCapital in conjuction with Nordica Properties.

“The Azura is one of several current VinaLiving offerings in Danang, alongside the Norman Estates, Ocean Villas and Cham Condominiums at Danang Beach Resort. The Dunes Golf Course – first of two 18-hole courses at Danang Beach Resort – will open on 30 April 2010. We believe The Dunes course will be a new centrepiece in our effort to put Danang on the map of the world’s top golf and resort destinations,” says David Henry, Managing Director of VinaCapital Real Estate Ltd.

The Azura luxury apartments will be available to foreign buyers under a 50-year lease, and freehold to Vietnamese buyers. CBRE Vietnam has been appointed exclusive sales agent. Construction commenced in December 2009 and is expected to complete in Q1 2012. Apartment prices will range from USD1,500-3,000/sq.m with flexible payment terms. Show units are ready for visit seven days per week, from 9:00am to 7:00pm.

Media enquiries:
Nguyen Duc Huong
PR and Marketing Manager
VinaCapital Group
tel: 84-8-821-9930
huong.nguyen@vinacapital.com

Sales enquiries:
CB Richard Ellis (Vietnam) Co., Ltd.
Hotline: 0905 92 8080

Mrs. Huynh Buu Tran
Director RPM
tran.huynh@cbre.com
Tel: +84 903 345 335

Ms. Nguyen Tran Ai Vy
Sales Team Leader
vy.nguyen@cbre.com
Tel: +84 982 777 524

Ms. Tran Quynh Nga
PR Manager
nga.tran@cbre.com
Tel: +84 973 979 939

Additional information:

VinaCapital Group:
VinaCapital Group is a leading asset management, investment banking and real estate consulting firm with unrivalled experience in the Vietnamese market. VinaCapital Group was founded in 2003 and has grown from a single USD10 million fund to a diversified investment firm with over USD1.7 billion in assets under management as of December 2009. VinaCapital Investment Management Ltd manages three closed-end funds trading on the AIM Market of the London Stock Exchange. These are: Vietnam Opportunity Fund (VOF); VinaLand Limited (VNL); and Vietnam Infrastructure Limited (VNI). VinaCapital also co-manages the USD32 million DFJ VinaCapital technology venture capital fund with Draper Fisher Jurvetson, and owns a dominant stake in VinaSecurities JSC, a brokerage. More information is available at www.vinacapital.com.