Sta. Lucia Inks Advisory Agreement with CBRE Philippines

Share

20 March 2013

Seen from left to right during contract signing are Joey Radovan, Vice Chairman for CBRE Philippines Global Corporate Services; Rick Santos, CBRE Philippines Chairman & Founder; Exequiel Robles, SLI President; David Dela Cruz, SLI Executive Vice President, and Paul Michael Robles, Vice President for Sales.

Listed company Sta Lucia Land, Inc., (“SLI”) formally engages CBRE Philippines (CB Richard Ellis Philippines, Inc.) as its exclusive Real Estate Advisor.  Under the terms of the agreement, CBRE Philippines will provide general and transactional advice to both SLI and its parent company, Sta Lucia Realty and Development Inc. (“SLRDI”) on how to optimize the group’s combined portfolio of over 220 projects, which includes 14 golf courses, a shopping mall in Rizal, over 10 high rise projects and several leisure and tourism-related properties.

The Sta Lucia Group has over 40 years of track record in real estate development, and is known for its landmark leisure developments such as the Acropolis in Quezon City, the Splendido Complex in Tagaytay, the Orchard Golf & Country Club in Cavite, Alta Vista in Cebu and Rancho Palos Verdes in Davao.

Exequiel Robles, SLI President and CEO shared that group’s vision is “to provide quality projects in the residential, tourism / leisure and retail segments of the market.  Over the years, we have developed over 9,000 hectares of land across the country and will continue to invest heavily to help augment the country’s huge demand for residential developments.”

CBRE Philippines is the leading real estate services and advisory firm in the country with over 18 years of proven track record in the industry. The company has been responsible in bringing in the largest institutional investors to the country, and has been instrumental in the development of the real estate industry.

Rick Santos, CBRE Philippines Chairman & Founder said that, “This is the best real estate market we’ve seen in 20 years. Our partnership with Sta. Lucia Land is an indication of the company’s strength and commitment in contributing to the industry’s success.”

 

Adchemy

Yesterday , we concluded the handover of our unit located on the 27/F of Philamlife Tower. It was a relief that we finally have access and can proceed with our minor refurbishments. Finally an official announcement can be given to our Engineers who really deserve a better facility that they can call their own.

Much of this good news and feelings of self-achievements of getting this unit would not be possible without your help and that of you most gallant employees, Mr. Francis Bautista and Mr. Philipp Llave.

Initially our head office in San Francisco was not in favor to get our own unit and moving out of Regus because of the initial capital outlay it represented. Eventually we were granted approval to start the search on the condition that it would be a tail-end of an existing lease, with no capital outlay needed for fit-out, cabling and furniture on our part. Knowing what the real estate market in the Philippines is like and our prior experience in finding office space, the situation proved very challenging, if not frustrating for us.

But with their professionalism, persistence and unique knowledge of the market, Francis and Philipp were able to find us a unit that fit the specifications of our head and negotiate a deal that was beneficial to us. To sweeten the deal further, the space they provided is just a few floors away from our existing office thus making it an easier transition for us.

Bottom line, what I am trying to say is “THANK YOU” to both most especially to Francis who’s been very instrumental on all my needs in terms of office spaces.

Keep up the good work guys!

For inquiries, fill up the form below.

Name

Email Address

Subject

Message

For inquiries, fill up the form below.

Name

Email Address

Subject

Message

For inquiries, fill up the form below.

Name

Email Address

Subject

Message

We would like to hear from you on how we can serve you better. Please fill out the form below and we will get back to you as soon as we can.

Name

Email Address

Subject

Message

Captcha

CAPTCHA code

Share