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Dat Xanh signs agreements for Luxcity

Released at: 09:22, 20/08/2015

Dat Xanh signs agreements for Luxcity

Group's strategic cooperation with five partners aims at ensuring HCMC real estate project proceeds smoothly.

by Quynh Nguyen

The Dat Xanh Group has signed strategic cooperation agreements with five partners: Vietinbank, Savills, Apave Vietnam & South East Asia, Ong & Ong Co., and An Phong Construction Company Limited, to implement its Luxcity real estate project in Ho Chi Minh City.

According to Mr. Bui Ngoc Duc, Deputy General Director of Dat Xanh, the comprehensive strategic cooperation will perfect project implementation.

Vietinbank will guarantee the project while Savills will conduct management and operations after handover is completed. Apave will monitor inputs and outputs of the project to ensure quality and Ong & Ong will be involved in interior and exterior design. An Phong will be main contractor, responsible for construction.

Mr. Duc expressed his confidence in the cooperative arrangements. “It will allow real estate transactions to be more active, not only in Luxcity but also other projects that the Dat Xanh Group will launch in the future,” he said.

In Huynh Tan Phat Street in District 7, adjacent to the Phu My Hung urban area, with quick and easy connections to Districts 1, 2, and 4, Luxcity has a convenient location for residents. The project consists of two 19-storey towers and one office block, on a total area of 7,480 square meters.

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