Fundraising - MAY 9, 2017

To read this full article you need to be subscribed to Newsline.

Sign in Start Your Free Trial Now View Purchase Options

SonKim Land raises $100m follow-up in partnership

by Jody Barhanovich

SonKim Land Corporation, a leading Vietnamese real estate developer, and EXS Capital Limited, an independent alternative investment group dedicated to Asia, have held a $46 million first-round closing, out of an expected $100 million follow-up fundraising, for SonKim Land.

This is the second investment led by EXS Capital into SonKim Land through the Lemongrass Master Fund, after a successful initial investment of approximately $37 million in 2013.

For the follow-up investment, SonKim Land and EXS Capital are also partnering with ACA Investments, a leading Japanese fund manager based in Singapore that invests across the Asia Pacific region. This is ACA Investments fifth investment in Vietnam.

With this additional fundraising, SonKim Land aims to continue to develop its pipeline of attractive developments across Vietnam, including luxury residential and commercial developments in Ho Chi Minh City.

Since 2013, SonKim Land has launched several luxury properti

Glossary, videos, podcasts, research in the Resource Center

Forgot your username or password?

Close your account?

Your account will be closed and all data will be permanently deleted and cannot be recovered. Are you sure?

We respect your privacy! Please give consent for processing data as described in our Privacy Policy