(Hong Kong – 2 June 2021) Asia Bankers Club, Ashton Hawks, and Golden Emperor Properties have signed a Memorandum of Understanding (MoU) to be the exclusive marketing agents of Hanoi’s latest luxury residential project developed jointly by Trung Thuy Group of Vietnam and Japan’s Toshin Development of Takashimaya Group.

As part of the agreement, Asia Bankers Club, Ashton Hawks, and Golden Emperor Properties will exclusively promote Lancaster Luminaire of Hanoi to overseas investors, with Hong Kong as the first stop. Trung Thuy Group gradually asserts its ambition in the international real estate market by searching for professional agencies to expand the distribution capabilities of the Lancaster developments – one of the luxury brands in the real estate industry of Vietnam.

Sharing his views about the cooperation, Mr. Nguyen Trung Tin – CEO of Trung Thuy Group, said, “At the beginning of the project, Lancaster Luminaire has drawn customers’ attention inside and outside Vietnam. Although there are only 252 units which were released to the market, we would like to provide perfect experiences as well as a professional counseling service for customers. Thus, we decided to look for appropriate distributors from the world market. Besides the quality of products, a professional distribution system is absolutely necessary to create a secure and transparent investment environment.”

Giving an assessment of the real estate market in Hanoi, Mr. Ivan Yam, Managing Director & Partner of Golden Emperor, commented, “Hanoi is the center of economics and politics of Vietnam with the urban population has grown rapidly. The supply of brand-new residential developments is far behind population growth. Coupled with the stable GDP growth of Vietnam and the rise of the middles class, it is expected that the housing market will recover very quickly once the pandemic is over. We believe this is a good entry point for investors looking to enter the real estate market of this emerging economy.”

Mr. Frederick Ho, Director & Partner of Ashton Hawks added, “A number of infrastructures in Hanoi are seeing completion in the coming years, improving urban planning in the city centre and the CBD. Lancaster Luminaire is located 10 minutes away from Cau Giay Station of Line 3 which is scheduled to complete by 2022. The location of this development is also very convenient with shopping facilities, international schools, hospitals, and CBD nearby.”

From the left: Nguyen Manh Tien (director, Marketing & Sales, Trung Thuy Group), Kingston Lai (founder and CEO, Asia Bankers Club), Nguyen Trung Tin (CEO, Trung Thuy Group), and Bernad Lillo Vicente (deputy general director, Trung Thuy Group)

Besides the collaboration with other international distributors, Trung Thuy Group and Toshin Development (a subsidiary company of Takashimaya Group) officially signed the business cooperation agreement to invest in Lancaster Luminaire. With long-standing experience in management and operation projects, Toshin Development promises to apply Japanese standards in managing the offices and retail podium. With the contribution of Toshin Development, the values will be increased over time. The participation of well-known brands is a significant factor for investors to trust the development.

Mr. Kingston Lai, Founder & CEO of Asia Bankers Club said, “Japanese department store chain operator Takashimaya is a familiar name for investors in Hong Kong. This exquisite urban development project in Hanoi by Toshin Development together with Trung Thuy Group, a Vietnamese high-end housing developer would deliver high confidence to Hong Kong investors that are looking for international standards’ real estate projects overseas. We are delighted to be a group of exclusive agencies to launch it globally.”

After the success of Lancaster Nui Truc, Lancaster Luminaire is the next development of Trung Thuy Group. A skyscraper located in a prime location on Lang Street, with an unlimited view of the whole city. Thus, Lancaster Luminaire is a remarkable building from the first draft, which lures the interest of people. Light becomes an inspiration to create Lancaster Luminaire - a masterpiece will become a new central of Hanoi.

Cooperating with prestige business partners in the real estate industry around the world, Trung Thuy Group has shown their ambition and vision in the forthcoming period. The corporation not only brings high-quality real estate products to the local market but also attracts potential customers outside Vietnam.

Trung Thuy Group

Experience Lounge: 20 Nui Truc, Ba Dinh, Hanoi, Vietnam

Website: luminaire.lancaster.com.vn/

Hotline: 0933 09 09 09