December 2025 Investor Newsletter: Highlights of Major Investment Activities
Phat Dat Real Estate Development Corporation (PDR: HOSE) has released its December 2025 IR Newsletter, recording a number of significant milestones in investment activities, land bank expansion, project implementation, and corporate social responsibility. Key highlights are as follows:
Phat Dat completes a VND 1.1 trillion transaction for a prime project in Da Nang
Phat Dat approved the divestment of its entire 99% equity stake in Bac Cuong Investment Joint Stock Company—the owner of a prime land plot of more than 2,700 m² at 223–225 Tran Phu Street, Hai Chau District, Da Nang. The transfer value is stipulated at no less than VND 1.1 trillion.
Upon completion of the transaction, Bac Cuong will no longer be a subsidiary of PDR, meaning the project will no longer be part of the PDR ecosystem. This divestment aligns with the Company’s portfolio restructuring strategy, enhancing financial resources and cash flow to focus on key projects.
Expanding land bank in CBDs with a VND 5.5 trillion transaction on CMT8 Street, HCMC
Phat Dat approved the acquisition of the entire equity interest held by Dai Quang Minh Real Estate Investment Corporation in AKYN Service Trading Investment JSC – the current developer of a commercial residential project at 239 Cach Mang Thang 8 Street, Ban Co Ward, HCMC.
Following the transaction, PDR will own 50% of the total shares of AKYN Service Trading Investment JSC. The project is located on a land of approx. 3,500 m² and is oriented toward a mixed-use complex comprising residential apartments, commercial, service, and office spaces. The total estimated investment is about VND 5.5 trillion, with implementation scheduled for the 2026–2030 period.
La Pura honored at the VNREA’s 2025 Real Estate Awards
La Pura was honored in the category of “Top 5 Most Promising TOD Urban Projects in the Southern Key Economic Region” at the awards program organized by the Vietnam Real Estate Association (VNREA). The award recognizes the project’s development quality, from design and amenities to its sustainable orientation, while also reinforcing market confidence in the La Pura product line as the Company expands its portfolio and strengthens its presence in the northeastern HCMC.
La Pura was honored in the category of “Top 5 Most Promising TOD-Oriented Urban Development Projects in the Southern Key Economic Region”
Supporting Central Vietnam after floods
Phat Dat donated VND 1 billion to support residents in Central Vietnam in overcoming the aftermath of floods and stabilizing their livelihoods.
Representatives of PDR, in coordination with Thanh Nien Newspaper, visited severely affected localities to directly extend support and present relief assistance to local communities.
This initiative reaffirms Phat Dat’s long-standing commitment to corporate social responsibility: being present in a timely manner in disaster-hit areas, supporting communities, and contributing to efforts to help Central Vietnam recover from hardship.
Further completion of conditions for the Thuan An transaction
The Board of Directors approved an additional capital contribution of VND 42,905,035,128 to Thuan An 1 High-Rise Real Estate Investment Company Limited – the developer of Thuan An 1 Project. Upon completion of the capital increase procedures, PDR will raise its ownership stake to 20%, corresponding to a total capital contribution of VND 42,955,035,128 in this entity.
- Optimizing a land bank of more than 6,200ha, including approx. 500ha located within the triangle of HCMC, Binh Duong, & BR-VT.
- Focusing resources on the expanded HCMC and Dong Nai; accelerating projects in the former Binh Duong; and continuing to pursue BT projects to further diversify the portfolio.
- Enhancing governance standards, ESG principles, human-centric design, and digitalization to meet capital requirements and strengthen sustainable development capabilities.
- Prioritizing developments for real housing demand, industrial and logistics real estate, and ESG-compliant green urban projects.
La Pura Progress Update – November 2025
In November 2025, Phat Dat continued to accelerate construction of La Pura with high intensity while maintaining international quality standards. At the site, more than 400 workers, engineers, and supervisory staff operate daily to ensure progress. The two current key zones are Zenia, which has reached the 20th floor, and Risa, which has reached the 17th floor.
Phat Dat affirms that completing projects on schedule and to high quality standards is not only a commercial objective but also a matter of corporate integrity toward customers. This reflects the development philosophy that Phat Dat consistently upholds: sustainable development, a customer-centric approach, and measuring success through market trust.
See the full IR Newsletter here.
