ERA Real Estate – a US real estate distributor has just participated in the Vietnam real estate market by joining hands with a company in Vietnam to sell high end projects.
Although ERA Real Estate has just announced to enter the Vietnam market in early July, they have silently opened 5 transaction offices and 1 commercial office in the central district of Ho Chi Minh City. This company now has more than 300 consultants that are trained and certified according to international standards.
This new giant does not hide their ambition that in the next 5 years, they will become the leading real estate distributor in Vietnam with a network of more than 50 transaction offices throughout the central provinces and own 5,000 professionally trained consultants throughout the country.
In order to adapt quickly to emerging market like Vietnam, this US broker joins hands with Eurocapital Group, a private investment group based in Vietnam since 2008, to establish ERA Vietnam. Eurocapital specializes in financial services and investment consulting, including real estate. Particularly in the period of 2015 – 2016, this company manages about 350 million USD transaction value.
Thanks to handshake with partners understanding Vietnam market, the US broker has accessed to the basket of luxury real estate of many large investors in the country. The residential projects, hotels and luxury resorts will be distributed by ERA Vietnam in the coming time are products of Sun Group, CEO Group, MIK, Sacomreal, Kien A and international partners such as Keppel Land, Sunwah Group.
In addition to Vietnam market, this broker also participates in high-end and luxury real estate distribution in Asia Pacific such as Singapore, Japan, Korea, Indonesia, Malaysia, Taiwan and Thailand. In Singapore, ERA is one of the largest brokerage firms with more than 6,000 employees. On average, every 3 real estate transactions in Singapore in 2016, there is 1 transaction made by ERA Real Estate.