HCMC, October 23, 2026 – Lotte and Phat Dat Real Estate Development Corporation (PDR: HOSE) officially commence construction of Lotte Eco Smart City Thu Thiem in Functional Zone 2A of Thu Thiem New Urban Area. The ceremony marks a major milestone in the project’s development and another step forward in the strategic partnership between Lotte and Phat Dat.
Lotte (Shopping, Hotel, E&C from South Korea) and Phat Dat Real Estate Development Corporation (PDR: HOSE) will jointly commence construction of the residential component and the commercial-service component integrated with office space at Lotte Eco Smart City Thu Thiem on October 23, 2026. The project is developed by LOTTE Properties HCMC Co., Ltd.
As of October 2026, construction continues across La Pura's various components, with several new milestones reached. Progress is as follows:
Phat Dat Real Estate Development Corporation (PDR: HOSE) has once again been recognized at the Enterprise of Choice 2026 Awards. Organized by CareerViet in collaboration with market research firm Amco Vietnam, the program recognizes companies that employees rate highly for their workplace environments.
On October 10, 2026, Phat Dat Real Estate Development Corporation (PDR: HOSE) handed nearly 200 Certificates of Land Use Rights, Ownership of Houses and Other Land-Attached Assets (ownership certificates) to residents of Millennium.
With sales offices now operating in Quy Nhon and Hanoi and a new Show Flat Complex under construction in HCMC, Phat Dat Real Estate Development Corporation (PDR: HOSE) is strengthening its sales infrastructure nationwide for the Company's next business cycle with ongoing and upcoming projects, including Lotte Eco Smart City Thu Thiem.
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