ITALPINAS Development Corp., a listed company whose projects are located in second- and third-tier cities in the country, said it has plans to bring its projects to Metro Manila, where its green buildings are mostly needed.
However, the company said it will have to take time as it is still waiting for the “right circumstances.”
Italpinas Development Corp. (IDC) has secured a P350-million term loan agreement with the Development Bank of the Philippines (DBP) to partly fund the construction a project.
The green builder is using the money to finance the first phase of construction of the Primavera City project in Cagayan De Oro. The project is a seven-tower mixed-use development featuring office, residen ial, and commercial spaces.
MILLIONS of Filipinos have taken the option to work abroad to give their families a better life. Many of them have, in fact, decided to assume the nationality of the country where they work for decades. Still, a greater majority would prefer to return to their roots eventually.
GREENBUILDER Italpinas Development Corp. (IDC) said it has made a partial down payment of P1 million for a portion of land that it is buying for its Primavera City project in Cagayan de Oro City.
Primavera City is a seven-building mixed-use condominium development in Cagayan de Oro City that will offer residential units as well as some commercial and office components.