Analyst Site Visit
On 7th January 2022, Phat Dat Real Estate Development Corporation (Stock code: PDR) hosted an analyst site visit with over 30 analysts from financial firms and investment funds in attendance.
The EverRich Infinity, located on An Duong Vuong Street in District 5, was the first stop. Guests were shown around the project’s main tower and were given an impression of the quality of a typical completed project developed by PDR.
The delegation then traveled to Thuan An City in Binh Duong Province to see PDR’s flagship 2022 project, Astral City. PDR’s representative elaborated on its adopted business model: product wholesale. Also, guests were escorted to the project operations center, where they took photos and assessed the construction progress. From 2022 onwards, Astral City is expected to generate revenue, accounting for a significant proportion of PDR’s revenue and profit structure.
Analysts visiting Astral City
Finally, the group stopped at Thuan An High-rise Complex on Nguyen Thi Minh Khai Street in Thuan An City, Binh Duong Province. Following the success of Astral City, the project demonstrates PDR’s commitment to assisting the province in economic development in the 2021-2025 period.
Here, analysts grasped the overall picture of the project, including the expected implementation timeline.
The tour ended with an intimate luncheon at Gem Center. PDR has received positive responses as well as inquiries related to the projects.
Hence, the IR department would like to provide a summary of the two projects in Thuan An City below.