Novaland land fund strategies underpin successes
11:16 | 05/05/2021
Novaland is utilising its financial might to produce top-class real estate projects across the country
Novaland is one of the most prominent brands portraying themselves as big land hunters. At its annual general shareholdersâ meeting, Bui Xuan Huy, CEO cum member of the Board of Nova Group, which owns Novaland, said that in the first quarter of this year, Novaland recorded a land fund of 5,400 hectares with gross development value of nearly $45 billion.
From its first Ho Chi Minh City project, Sunrise City in District 7 back in 2008, Novaland has successfully bagged 10 large-scale tie-up deals with a wide network expanding across the country, particularly in the south. As one of the largest property developers in the country with international expertise and deep knowledge of the domestic market, Novaland is continuing to write its chronicles with best-in-class real estate projects in Vietnam.