Review: Realisations set to increase
The property market in Vietnam has been weak for several years and in late 2012 VinaLand (VNL) introduced a realisation-focused investment strategy. This year, despite a brief spike in tensions with China, the economic background seems more stable and there are tentative signs of improvement in the property market. This should increase the chances of a faster pace of realisations at close to or above NAV. In this context, while uncertainties remain, the scope for a narrowing of the current c 40% discount to NAV seems significant.Vinaland is a closed-end investment company. Co.'s primary investment objective is to achieve medium to long-term capital appreciation and to provide income, dividends and other distributions through investment in liasted and unlisted companies, debt, private equity, real estate and other invesment opportunities in Vietnam and surrounding Asian countries: Cambodia, Laos and Southern China. As of June 30 2016, Co. had total assets of US$654,515,000 and Co.'s total investment properties was US$389,700,000.
Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.
.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.