PVI Asset Management Joint Stock Company (PVI AM) and SonKim Capital, a subsidiary of SonKim Group, have officially unveiled a strategic partnership aimed at developing luxury real estate investment products tailored for institutional investors and high-net-worth individuals (HNWIs).
This collaboration marks a significant advancement in the realm of specialized real estate investment solutions, offering investors exclusive access to Vietnam’s thriving property market. By combining their respective expertise, the two companies plan to introduce a variety of innovative investment products, including Real Estate Investment Trusts (REITs), real estate securities, and other flexible investment structures.
The partnership is set to unlock new opportunities for sustainable asset growth, capitalizing on the vast potential of Vietnam’s booming real estate sector. Both companies are committed to delivering investment products designed to optimize risk-adjusted returns, addressing the evolving needs of sophisticated investors seeking diversification and long-term value.
During the signing ceremony, Trinh Quynh Giao, CEO of PVI AM, highlighted the synergy between the two firms, stating, “The collaboration between PVI AM’s asset management expertise and SonKim Group’s established track record in real estate development is poised to create highly attractive investment opportunities for high-end investors.”
He added, “We anticipate that this partnership will bring forward investment products that are not only transparent and sustainable but also capable of delivering lasting value to our investors.”
James Kershek, CEO of SonKim Capital, expressed his excitement about the partnership, saying, “SonKim Capital is excited to join forces with PVI Asset Management. SonKim Group has built a strong reputation as a premier real estate developer in Vietnam, offering impressive returns to investors. This collaboration will allow us to extend our successful real estate development services and innovative investment solutions to a broader market.”
PVI AM, a subsidiary of PVI Holdings, is a prominent asset management firm in Vietnam, managing a diverse portfolio that includes fixed-income, equities, and alternative investments. With over VND16 trillion ($626 million) in assets under management and investment advisory, the company is committed to delivering innovative and sustainable investment strategies.
SonKim Group, renowned for its high-end real estate developments such as The Metropole Thu Thiem, The 9 Stellars, and Serenity Sky Villas, is expanding its footprint beyond property development. In addition to its real estate projects, SonKim Group operates retail businesses, including the GS25 convenience store chain, fashion brands Vera and Jockey, and the ON25 e-commerce platform. SonKim Group’s new venture into investment product development aims to leverage its extensive real estate and property management experience to offer tailored solutions for the broader market.
SonKim Capital, a subsidiary of SonKim Group, focuses on capital raising and the creation of investment products across various sectors. It draws on SonKim Group’s successful track record in real estate development, retail, and property management to offer innovative investment solutions to a wider audience.
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