2021-06-02 08:57:57

Terra Nova Capital from Finland shows interest in CRE

On June 1, 2021, Terra Nova Capital and Cen Land’s Investor Relations Division had an online meeting on CRE growth plan and ESG criteria. Cen Land (HSX: CRE) is aiming at the largest and most sustainable real estate service ecosystem in Vietnam.

Terra Nova Capital is part of the Evli Group, one of Finland’s largest asset managers with $17bn AUM.

 

Terra Nova Capital specializes in emerging markets that bring significant profits to investors in the stock market, i.e. Vietnam. Two parties have been keeping in touch with each other for two years. Terra Nova Capital's Board of Directors conveyed their impression with the growth of more than 100% of CRE and paid special attention to Cen Land's growth plan and ESG criteria that the Company is following. Environmental, social and governance (ESG) criteria are a set of standards for a company's operations that socially conscious investors use to screen potential investments.

 

Terra Nova Capital highly appreciates Cen Land's real estate service ecosystem with media and marketing services, sales agencies to serve foreign and domestic homebuyers in a wide range of segments. Thanks to hundreds of thousands of authorized agents, sales consultants and member companies nationwide, Cen Land is recognized as the leader in real estate brokerage.

 

At the online meeting, Cen Land’s Investor Relations Division shared in details about its strategic plan for the next three years. The Company is likely to implement those plans due to the strengths and advantages.

 

With 20 years of experience in the real estate market, Cen Land targets to become the number 1 real estate service ecosystem in Vietnam. The Company always improves itself to meet ESG criteria and win the trust of foreign funds like Terra Nova Capital as a reliable partner.

 

In the context that many real estate agencies had to be temporarily closed, Cen Land achieved a record revenue and profit in the first quarter of 2021, equivalent to the revenue of 2020. On the stock market, CRE is traded at VND 41,550/share (on June 1, 2021); EPS is VND 3,910/share (Q1 2021).

 

In the next three years, Cen Land constantly perfects its real estate service ecosystem to affirm its top player in the real estate brokerage market.