The One Destination, together with a Singapore Investor and an Institutional Fund Collaborate to Build Vietnam's First ESG Real Estate Complex in Da Lat.

HANOI, Vietnam, Nov. 12, 2024 /PRNewswire/ -- The One Destination officially announced an investment agreement with Singapore's Terne Holdings, a multi-sector investment group, and BTS Bernina Private Equity Fund, an Asia-focused regulated mutual fund. Under the agreement, the joint venture arrangement of BTS and Terne Holdings will hold a 30% stake in The One Destination.

The One Destination is the developer of the Haus Da Lat project. The company is a leader in developing ESG real estate in Vietnam, actively engaged in numerous ongoing projects nationwide, and maintains a substantial land reserve. The project spans 5 hectares and has a total investment of VND 1.700 billion (~ USD 68m). It is in a prime area by the serene Xuan Huong Lake, one of Vietnam's most picturesque natural lakes and a symbol of Da Lat.

According to the plan, The One Destination will build Vietnam's first ESG-standard real estate complex on the last remaining prime land in Da Lat's city center. Designed by renowned Japanese architect Kengo Kuma, Haus Da Lat is expected to become a heritage symbol for the 130-year-old city and position Vietnam on the global ESG real estate map.

The decision of the international partners, to select Da Lat as their first investment destination in Vietnam highlights the city's unique appeal. The partners emphasize that in a tropical country like Vietnam, Da Lat - a highland city with year-round cool weather surrounded by tranquil lakes, vast pine forests, magnificent waterfalls, and vibrant flower fields—is a natural masterpiece. This city, often called a "natural heritage," deserves real estate projects that reflect its value.

"We were captivated by Da Lat at first sight, and are proud to be one of the pioneering foreign investors in Da Lat" said the representative of BTS.

On June 20, 2024, the Ministry of Transport issued Decision No. 758/QD-BGTVT to upgrade Lien Khuong Airport to an international airport, igniting a boom in Da Lat's economy, tourism, and the entire Lam Dong province. In the first half of 2024, Lam Dong welcomed 5 million tourists, an increase of over 12%. By the end of 2024, the province is expected to receive 10 million visitors, including 550,000 international tourists. According to the 2030 plan, Lien Khuong Airport will expand to nearly 487 hectares and accommodate 5 million passengers annually, with flights from various countries worldwide.

ESG real estate is gaining traction in many developed countries and is expected to become a significant global trend in the next century. This is why the investors are partnering with The One Destination to launch a new era of ESG real estate in Vietnam, starting in Da Lat and expanding to other projects. With Vietnam's dynamic economy ranking among Asia's top, an average GDP growth of 6-7% annually, and a rapidly growing middle class expected to reach 40% of the population by 2030, the country's real estate market is poised for a significant boom in the ESG segment. Leading companies like The One Destination will have the advantage in shaping this trend. Haus Da Lat is highly valued for its ESG-compliant design, choice of materials, construction, and operations, and focus on the human factor, aligning with the ESG goals, creating long-term value for future generations.

Caroline Lee, Chairwoman of Terne Holdings, affirmed, "Together with The One Destination and BTS, we will create a heritage landmark for Da Lat, Vietnam. We are proud to be among the pioneering foreign investors working alongside Vietnam's real estate developers to build and preserve Da Lat in the face of the city's concrete overdevelopment".

Terne Holdings also stated that the investment in Haus Da Lat aligns with its ongoing ESG strategy. This strategy is based on practical, measurable actions and aligns with 12 United Nations' Sustainable Development Goals (SDGs).

"The best is often saved for last, and Haus Da Lat will be Vietnam's first ESG-standard landmark project, a heritage for Da Lat," said a representative from The One Destination. Five leading international brands are also expected to join forces to create a new icon for Da Lat.

Reference Information

The One Destination stands at the forefront of ESG real estate development in Vietnam. We strive to address environmental challenges, minimize our ecological footprint and enhance the local environment by employing sustainable building materials and energy-efficient technologies.

BTS Bernina Private Equity Fund is an open-end investment company whose size exceeding USD 368 million, with 60% invested in Asia. Over the past three years, the fund's performance has reached 71.9%.

Terne Holdings is a multi-sector investment enterprise based in Singapore focuses on investments in creating ecological spaces that preserve the beauty of nature, prioritize health, and build strong communities.

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

The One Destination, together with a Singapore Investor and an Institutional Fund Collaborate to Build Vietnam's First ESG Real Estate Complex in Da Lat.

More than a quarter of Australians would love to skip cleaning their floors forever.

SYDNEY, Nov. 14, 2024 /PRNewswire/ -- Roborock, a global leader in ultra-intelligent home robotics engineered to simplify daily life, has today announced the results of its latest survey, revealing Australians' cleaning habits. In anticipation of the launch of Roborock's latest product range, including the Qrevo Master, Qrevo S, and H5, the survey highlights that while many take pride in maintaining clean homes, certain areas and chores continue to present challenges – resulting in a few guilty cleaning habits.

Australians take their floor cleaning seriously, with many dedicating substantial time each week to keeping their homes spotless. Despite the effort, floor cleaning ranks high among the chores they'd love to ditch forever, with a quarter confessing they'd happily avoid it completely if given the chance. This shows that while Aussies take pride in a clean home, they're eager for smarter, quicker ways to handle this time-consuming task.

The Dirtiest Places in Aussie Homes & Guilty Habits

Unsurprisingly, garages top the list as the dirtiest spot in the home, with 46% of Australians admitting this space needs more attention. Other hotspots for dirt include the bathroom (41%), the kitchen (38%), and even the kids' playroom (32%). With busy lifestyles, it's no wonder certain areas fall through the cracks when it comes to regular cleaning.

When asked about their worst cleaning habits, nearly half (47%) confessed to avoiding the oven, air fryer, or microwave – three common appliances that accumulate grime quickly. Other areas of neglect include vacuuming (44%), mopping (40%), and regularly changing bed sheets (32%).

The survey also found that Saturday is the most popular day for Aussies to tackle their household chores, with 29% of respondents selecting the start of the weekend to get things in order. However, a significant portion –28% opt to clean their homes every day to stay on top of household maintenance.

Tasks They Never Want to Do Again

Perhaps the most telling insights from the survey come from what Australians would skip cleaning entirely, if they could. 27% of respondents said they'd be happy never cleaning their floors or carpets again, while 23% said the bathroom is the room they most dread.

"Our survey shows that many Australians are looking for ways to make their cleaning routines easier." said Richard Chang, Founder & CEO of Roborock. "We're focused on creating innovative solutions that truly help people manage their homes more efficiently. We understand the challenges of balancing busy lives with household chores, and our goal is to develop technology that offers real support in keeping homes clean without adding extra stress."

The newly launched products, which include advanced features like powerful suction, dual spinning mops, and obstacle recognition, is now available across Australia in Roborock's Official Online Store, JB Hifi, Harvey Norman, The Good Guys, Bing Lee, and other Authorised Retailers. With the Qrevo Master, Qrevo S, and H5, Australians can enjoy a cleaner home with less effort.

For more information on the Qrevo Master, Qrevo S, H5 and other Roborock products, please visit http://au.roborock.com/ 

Notes to Editors:

The Roborock survey was conducted by TGM Research and involved 1,028 nationally representative respondents across Australia. The survey aimed to understand the cleaning habits, preferences, and challenges faced by Australians ahead of the launch of Roborock's Qrevo Master, Qrevo S and H5.

About Roborock   

Roborock is a leading smart cleaning brand renowned for its intelligent cleaning solutions. With a steadfast dedication to becoming a global leading smart appliance player, Roborock enriches lives with its innovative line of robotic, cordless, wet/dry vacuum cleaners, and washer-dryers. Rooted in a user-centric approach, our R&D-driven solutions cater to diverse cleaning needs in over 15 million homes across 170+ countries.  Headquartered in Beijing and with strategic subsidiaries in key markets, including the United States, Japan, the Netherlands, Poland, Germany, and South Korea, Roborock is dedicated to elevating its market presence worldwide. For more information, visit https://au.roborock.com/. 

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

Aussie Cleaning Habits: What's Really Happening Behind Closed Doors