Pre - 1999

Rick Mayo-Smith partners with the Lai Sun Group as a co-developer and investor in the Furama Resort, a 5-star luxury property located in the Central Coast of Vietnam. The project's investment capital totaled US$40 million for the 200-room resort. 

Peter Ryder partners with Hongkong Land as a co-developer and investor in 63 Ly Thai To, one of Hanoi's first commercial office buildings located in the capital city's Central Business District. The property has maintained a status as one of the city's premier addresses and now houses the country headquarters of the World Bank, the IFC and the IMF. 

Rick Mayo-Smith partners with First Pacific Davies to develop Saigon Centre, Ho Chi Minh City's first premier mixed-use complex, with 21,253 sq m of Grade A office, retail and residential space. The US$75 million project was later sold on to Keppel Land and is consistently regarded as one of Vietnam's most prominent mixed-use developments.

Rick Mayo-Smith acts as the sole advisor on the restructuring and sale of Hasegawa's listed real estate portfolio to offshore investors. The US$70 million portfolio included trophy properties like Zen Plaza, a trendy retail outlet in District 1 of Ho Chi Minh City. 

Development advisor to Morgan Stanley's Princes Gate Investors, Rick Mayo-Smith consults on the private equity fund's initial investment in Vietnam, My Duc Ceramics. The US$35 million building materials plant, covering 40,000 sq m, is located in Ba Ria - Vung Tau Province and remains as one of Vietnam's most successful ceramics factories.

1999

ICC is founded by the merger of two independent firms. At the time of the merger, the two firms were under contract with Morgan Stanley, Kajima, Shimizu and other prominent multi-nationals as market entry consultants and advisors on investments in the Indochina region.

2002

ICC arranges US$26 million of debt for the French-Vietnamese Hospital in Ho Chi Minh City, Vietnam's first privately owned international standard hospital. The financing, which includes onshore (VND) and offshore (USD) borrowings as well as senior and junior tranches, is the first non-recourse project facility for a foreign investment in Vietnam.

2005

ICC establishes Vietnam's first real estate fund, Indochina Land Holdings in April 2005 with total commitments of US$42 million from a mix of individual and institutional investors. By the end of the year, the fund was fully committed in nine investments located throughout Vietnam. 

ICC purchases a strategic stake in Mekong Securities with a major management role, one of Vietnam's first privately owned securities firms. 

Indochina Land Holdings acquires a minority stake in Sofitel Metropole Hanoi, Hanoi's most distinguished 5-star property. The hotel is located in the heart of downtown Hanoi and has been a celebrated landmark since opening in 1901. Shortly after purchasing a minority stake in Sofitel Metropole Hanoi, Indochina Land Holdings sold its interest to another Vietnamese fund for a triple-digit return.

2006

Following the early success of the first real estate fund, Indochina Capital launches Indochina Land Holdings 2 in November 2006 with total commitments of US$265 million from a predominantly institutional investor base—it is the largest pool of capital dedicated to Vietnam real estate investments.

Through its equities division, ICC launches the first in a series of general investment funds with a Japanese online brokerage firm.

ICC represents SAB Miller, at the time the world's largest beer company, in its acquisition of a 50% interest in a local brewing operation (Vinamilk as the local partner). 

The Nam Hai, located just outside the ancient trading port of Hoi An, opened in December 2006. Managed by GHM, The Nam Hai consists of 60 hotel villas and 40 residential villas, all with views of China Beach and the South China Sea. As the developer and principal investor in the US$60 million project, Indochina Land is celebrated for positioning Vietnam’s Central Coast as one of the world's premier leisure destinations. Selected by TTG Travel Awards as "Best New Beach Resort" in 2007 and voted "Best Resort in the World" by Travel + Leisure Design Awards in 2008, The Nam Hai has continued to earn a string of accolades from the international media and is well established as Vietnam's most prominent luxury resort.

2007

ICV is listed on the London Stock Exchange main market with capital of approximately US$500 million—it is the first Vietnam fund to list on a major global exchange.

Indochina Holdings 2 acquires a majority stake in the Danao Holdings International portfolio, which consists of the Dalat Palace Hotel and Golf Club in the colonial hill-station of Dalat, The Ocean Dunes Hotel and Golf Club in Phan Thiet and the Riverside Apartments located in District 2 of Ho Chi Minh City. 

In 2007, Indochina Land Holdings 2 purchased the rights to be the exclusive franchisee for Sotheby's International Realty in Vietnam, as well as in Laos and Cambodia. Sotheby’s International Realty is affiliated with the famous 260-year old auction house and was originally formed in 1976 to provide a complete package of estate disposition services. Sotheby’s International Realty is a member of Realogy Corporation, the world's leading franchisor of real estate brokerages around the world. The group also includes Century 21, Coldwell Banker, ERA, and Corcoran. 

2008

In July 2008, Indochina Land held the first closing for Indochina Land Holdings 3 and anticipates the final close in July 2010. In the first round, we raised over US$150 million from a group of prestigious institutional investors.

Indochina Riverside Towers, the first international standard mixed-use development in the Central Coast of Vietnam, opens in Danang. Developed and owned by Indochina Land, Indochina Riverside Towers is located in the heart of Danang's Central Business District and features 95 condominiums, 10 floors of Grade A office space and a 3-floor retail podium.

2009

Mekong Securities is sold to an offshore investor as ICC determines to focus on its core real estate development and fund management businesses.

Indochina Finance arranges US$83 million in non-recourse debt from Vietcombank for Indochina Land's Indochina Plaza Hanoi and Hyatt Regency Danang projects.

Asia Pacific Property Awards, in association with CNBC, announced that two of Indochina Land's developments have received coveted awards. A testament to quality and architectural excellence, The Nam Hai received the prestigious Architecture Award, and Indochina Riverside Towers won the highly competitive Best Mixed-Use Development Award. The Nam Hai, widely recognized as Vietnam's most prominent luxury resort, will go on to compete at the regional level against other winners from the Asia Pacific area.

In August of 2009, Vietnam's Central Coast welcomed its first 18-hole golf course with the opening of Montgomerie Links Vietnam. Developed by Indochina Land and designed by European Ryder Cup captain and eight-time European PGA Tour Order of Merit Winner Colin Montgomerie, the course's layout capitalizes on the site's natural, dune-strewn topography. The sandy soil, rolling contours and blustery conditions at the Montgomerie Links make the course similar to classic links courses in Monty's native Scotland. 

Indochina Land completes River Garden and begins handover of its first urban residential development in Ho Chi Minh City. The property is located in District 2 and is comprised of 212 apartments and 3,796 m² of retail space.

London-based Euromoney magazine announced the winners of its annual Real Estate Poll, recognizing Indochina Land as the "Best Developer in Vietnam." In the regional rankings, Indochina Land was the only Vietnam-based developer to make the Top Ten list of developers within Asia.

2010

Hai Hoang of Indochina Infrastructure Management participates on an international consulting team of experts funded by the World Bank to help the Ministry of Planning and Investment formulate a Public-Private Partnership framework to promote infrastructure investment in Viet Nam.

Indochina Land received six awards for its renowned Vietnam portfolio, including Best Mixed-Use Development for Indochina Plaza Hanoi, Best Development Marketing for Hyatt Regency Danang Resort and Spa, Best Golf Course for Montgomerie Links Vietnam, and Best Developer Website for Indochina Land's corporate webpage. Most notably, Indochina Land's Six Senses Con Dao resort received the Best Small Hotel Construction and Design award worldwide. 

Indochina Land's third real estate fund closes in October with total commitments of US$180.3 million from global institutional investors. The fund's focus is on urban residential and urban mixed-use developments in Hanoi and Ho Chi Minh City.

Indochina Land completes the Six Senses Con Dao resort development, which is comprised of 35 hotel villas and 15 private residences.

In December 2010, ICC formed a strategic partnerhsip with ORIX Corporation, a global financial services group with headquarters in Tokyo and operations in 27 countries and regions worldwide. Acquiring a 25% stake in the Vietnam-focused fund manager, ORIX intends to support ICC as a strategic partner in expanding the company’s fund management and advisory businesses in Vietnam, one of Asia’s fastest growing economies.