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Adventus in JV to develop Danang mixed development

PC Lee Published on Thu, Apr 19, 2018 / 7:22 PM GMT+8

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SINGAPORE (Apr 19): Adventus Holdings is building a residential and retail development in Danang, Vietnam.

Adventus' subsidiary ADV S3 on Thursday formed a JV company AP NHS Danang Joint Stock Company acquire the 3,825 sqm property at 31B Ngu Hanh Son, Ngu Hanh Son for $2.9 million.

Adv S3 and partners Panthera and Tran Hoang Anh Tuan will hold 45%, 54% and 1% in AP NHS which will undertake the development of the reisdential apartment which will feature retail spaces, a swimming pool, a gym as well as BBQ and other facilities.