Developing Opportunities
Established in 2003, REFICO is a Vietnamese property development company, based in Ho Chi Minh City. REFICO’s strength is built around its blend of local knowledge and networks, and the experience and expertise of its directors and senior executives. REFICO’s team of management and directors has over 50 years combined experience developing quality projects throughout Vietnam and Australia.
Named as one of the world’s hottest investment destinations in the Asia Development Bank’s 2006 Development Outlook report, Vietnam’s booming economy and underdeveloped property market presents numerous opportunities and challenges. Since the start of the new millennium, the country has achieved an annual GDP growth rate of between 7% and 8%, second only to China. Vietnam was made an official member of the WTO in January of 2007 opening even more doors to international trade, and the World Travel and Tourism Commission considers Vietnam as fourth amongst the top ten key global travel destinations over the next 10 years, placing it ahead of China and India. Aon, the world’s second largest insurance company, has also named Vietnam as one of the 6th safest destinations for travel in the world.
REFICO has built a strong reputation for its non-compromising approach to its developments of world-class residential, resort and commercial developments throughout Vietnam.
Company Profile
REFICO’s executive management team is comprised of Tran Quyet Thang and David Clarkin, and further supported by the Sakkara Group, a substantial Australian property investment and development company. REFICO’s unique combination of both local and international experience has allowed it to secure premier opportunities in the dynamic and challenging Vietnamese property market, and develop buildings of true international standards.
With a focus on developing quality product that meets the demands of the market place, REFICO is expanding its ability to deliver on the opportunities available in a rapidly expanding market and is seeking to cement its reputation in Vietnam as one of the premier property development companies.
People
REFICO’s executive management team is comprised of Tran Quyet Thang and David Clarkin, and further supported by the Sakkara Group, a substantial Australian property investment and development company. REFICO’s unique combination of both local and international experience has allowed it to secure premier opportunities in the dynamic and challenging Vietnamese property market, and develop buildings of true international standards.
With a focus on developing quality product that meets the demands of the market place, REFICO is expanding its ability to deliver on the opportunities available in a rapidly expanding market and is seeking to cement its reputation in Vietnam as one of the premier property development companies.
» Tran Quyet Thang - Chairman and CEO
Mr Thang is currently Chairman of Real Estate Finance Corporation (Refico), a joint stock company specializing in real estate development. To date, Refico holds a balanced portfolio of development projects, comprising high-end residential apartments, resorts, office and commercial buildings, with a combined net worth of over USD 500 million. Mr Thang has extensive experience in finance, investment and management. He was trained as a lawyer in Germany and the UK, and is the founder of Thang & Associates law firm. His previous appointment was General Director of Saigon Securities Joint Stock Company (SSI), a company he also founded. Presently, he sits on the board of directors of Viet Capital Securities Join Stock Company (VCSC), a full service securities firm in Vietnam and chairs the Investment Committee of Aureos Fund (UK), specializing in private equity investments worldwide.
» David Clarkin - Executive Director
David’s development expertise spans over 20 years in the property industry in Australia and Vietnam. Prior to Refico, David was the founding Managing Director of East Asia Property Group in Australia (EAPG), where he was responsible for a number of landmark developments including, Aurora Place, Billyard Apartments, Peninsula Apartments, The Watermark and the Binary Centre totaling over $850 million of development revenue. In Vietnam, his project portfolio includes the PDD office building and the Metropolitan Office Tower, as well a being a founding partner of HBP, Vietnam’s oldest Project Management company.
» Mr Neil Wilson, Non-Executive Director
Neil has worked in the development, construction and finance areas of the property industry for over 20 years. The managing director of the Sakkara Group, he co-founded the business in 1997 and has since been largely responsible for building the business. Prior to establishing Sakkara, he held various positions in Australia and overseas with the Mirvac Group, Lend Lease, Balmoral Corporation and AYH plc.
» Chip Baker, Project Director
Mr Baker, an American, has lived and worked in Asia for 20 years, holding key management positions and directorships with various multinational operations within the private equity, consulting and development sectors. Having resided in Vietnam since 1995, Mr. Baker’s specific focus has been on Greenfield projects, turnarounds and acquisitions within Vietnam’s property development and direct investment sectors.
» Le Chi Hung Viet, Project Manager
Mr Viet is experienced in project development in the property and manufacturing industries in Vietnam and Asian countries. Prior to joining Refico, he worked with Procter & Gamble Asia where he was involved in large commercial and industrial projects in Japan, Philippines and Malaysia, as well as manufacturing facilities in China, Thailand and Vietnam. Currently, he is involved in project/construction management and providing authority solutions for on-going projects.
» Vo Thanh Lam, Business Development Manager
Mr Lam graduated in Economics and had vast professional training in Banking and Finance. He has many years of working experience with banks and credit institutions in Vietnam. In Refico, he is responsible for securing land deals and is competent in structuring financial packages for investments.
Shareholders
REFICO’s strength is enhanced by support of its key shareholders, The Sakkara Group and Ellerston Capital.
Sakkara is a property investment and development company that has underpinned the success of over 60 significant property projects around Australia, totaling over $4 billion in value.
Sakkara and its partners create an ongoing legacy of well designed and built residential, industrial and commercial properties and retirement villages. Sakkara's core business activities include mezzanine debt, equity, investment management and joint ventures.
Ellerston Capital is a leading Australian fund manager with funds under management in the billions of dollars. The company offers investors a range of investment opportunities with the goal of consistent positive returns and a focus on capital preservation.
Ellerston Capital was established to co-ordinate and manage the direct public equity market and managed fund investments of the Packer family. The Ellerston Capital team has a global presence and is represented in London, Moscow, Shanghai and Hong Kong, with its head office in Sydney.
Tiếng Việt