VinaCapital group announces the opening of Azura – The finest apartment project in the heart of Danang city

VinaCapital Group ("VinaCapital"), the largest asset management and real estate development firm in Vietnam, is pleased to announce the grand opening of the Azura luxury apartment project in Danang city. Designed by leading international designers and consultants, the Azura building is now the tallest residential tower in Danang and with is its prime location adjacent the Han river, the spectacular Azura building is destined to become an iconic landmark in the City of Danang for years to come.

Standing 34 storeys, Azura offers unrivalled views across Danang Bay to the North, across Son Tra peninsula to the East Vietnam Sea and the famous Cham Islands, and directly across the Han River to the city skyline. The building incorporates a total of 225 international quality apartments, including 1, 2 and 3 bedrooms layouts as well as unique duplex sub-penthouses and 2 only luxurious penthouses each with 270° views.
With contemporary design and spacious layout, the Azura apartments are handed over fully complete with premium quality finishes and fixtures. The project also offers first class amenities including a 25m lap pool plus kids pool, gym, kids play zone, community space and future café and convenience store to assure a finest living quality.

The project is continuing to gather praise as Danang’s highest quality apartment project and among the best investment opportunities available in the region. To commemorate the Grand Opening event, the developer is currently offering 2 exclusive promotions to buyers:

For our investor buyers we offer an 8% Guarantee return for 2 years; or

In association with BIDV we offer 3% mortgage subsidy for 2 years, fixed at 9% for the first 6 months.

VinaCapital has reputation as one of the largest real estate developers in Vietnam. “Thanks to the company’s philosophy by developing quality homes and good values across the country, we bring a whole new inspiration of life to all our valued customers in Danang as well as in neighbour provinces”, said David Brenac, Development director of Azura project.

Le Minh Phuc, General director of VinaCapital Danang, commented: “After three years of thoughtfully constructing to the last detail, now, Azura with its international standard of high-end quality is a successful delivery on what we promised. We are very proud of this project, which contributes a unique, beautiful architecture to the local urban scenery and mark a mile-stone in the development of Danang city and Vietnam.”
Azura is the first project to be completed as part of the planned 9ha mixed use World Trade Center development designed to become the modern heart of Danang. The next phase of development includes a new 40,000sqm retail mall that already and includes pre-leases of over 60% from leading international retailers.

About VinaCapital Group
VinaCapital is the leading investment management and real estate development firm in Vietnam, with a diversified portfolio of USD1.7 billion in assets under management. VinaCapital was founded in 2003 and boasts a team of managing directors who bring extensive international finance and investment experience to the firm. Our mission is to produce superior returns for investors by using our experience and knowledge to identify the key trends and opportunities that emerge as Vietnam continues to develop its economy. To achieve this, VinaCapital has industry-leading asset class teams covering capital markets, private equity, fixed income, venture capital, real estate and infrastructure.

VinaCapital manages three closed-end funds trading on the AIM Market of the London Stock Exchange. These funds are: VinaCapital Vietnam Opportunity Fund Limited (VOF), VinaLand Limited (VNL), and Vietnam Infrastructure Limited (VNI). VinaCapital also co-manages the DFJ VinaCapital L.P. technology venture capital fund with Draper Fisher Jurvetson.

VinaCapital has offices in Ho Chi Minh City, Hanoi, Danang, Nha Trang, Phnom Penh (Cambodia) and Singapore. More information about VinaCapital is available at www.vincapital.com