Philippine Real Estate Developers’ Subsidiaries and their Notable Projects (Part 2)
DMCI Homes is the country’s premier triple-A builder/developer of premium quality, urban-friendly, serviced communities for young families of modest income that aspire to live comfortably near their place of work, of study and of leisure. D.M. Consunji, Incorporated (DMCI) was founded on December 24, 1954, in a small room in Pandacan, Manila, with a vision of building for a generation of Filipinos. To this day, clients are given assurance that they’re getting optimum value for their money, exceptional features and amenities and a world-standard level of craftsmanship borne out of more than 50 years experience in the construction and development industry.
Notable Projects: Acacia Estates, Sheridan Towers, Tivoli Garden Residences, The Birchwood, Verawood Residences
- DMCI Project Developers, Inc. (PDI)
Another wholly owned subsidiary that is engaged in construction business-generating investments primarily through its significant minority interests in various project and infrastructure development activities. The surge in demand for urban homes inspired DMCI to construct its very own housing projects – DMCI Homes.
Notable Projects: Lake View Manors, Hampstead Gardens, East Ortigas Mansions, Villa Alegre Homes, Mayfield Park
- Alta Vista De Boracay
Inspired by fusing the comforts of modern living and the relaxing vibe emanated by Southeast Asian design, Alta Vista de Boracay opens its doors to travelers from all over the world. This property takes pride in perching in one of Boracay’s highest peaks. Located in a spot that’s less bustling and a bit more secluded, seventeen mid-rise condominiums sprawl lavishly on an impressive four-hectare property.
Robinsons Land Corporation (RLC)
Robinsons Land Corporation (RLC), one of the Philippines’ leading real estate companies, is involved in the development and operation of shopping malls and hotels, and is also one of the country’s most reputable developers of mixed-use properties, office buildings, residential condominiums, as well as land and residential housing developments, including socialized housing projects located in key cities and other urban areas nationwide. RLC was incorporated on June 4, 1980 to serve as the real estate arm of JG Summit Holdings, Inc.
RLC’s subsidiaries are engaged in the business of selling, acquiring, operating, developing, leasing and disposing of real properties such as land, buildings, shopping malls, commercial centers and housing projects, hotels and other variants and mixed-used property projects.
- Robinsons Homes, Inc. (RHI)
Robinsons Land Corporation is now stepping up its game in the housing subdivisions business through Robinsons Homes. Robinsons Homes offers the perfect setting for convenient and comfortable living through its numerous developments located in key urbanized cities and provinces across the nation.
Notable Projects: Bloomfields General Santos, Brighton Baliwag, Brighton Baliwag, Brighton Baliwag, Hanalei Heights
- Trion Homes Development Corporation (THDC)
Helps people realize their dream of owning that dream house of top quality that’s within their reach. They offer quality homes that reflect their distinct taste and style at unparalleled value.
- Robinsons Inn, Inc.
Incorporated in 1998, Robinsons Inn, Inc. moves with the guest’s utmost comfort and convenience in mind with the right hospitable atmosphere and a very accommodating team.
Notable Projects: Summit Hotel Group (Summit Ridge Tagaytay, Summit Circle Cebu, Summit Hotel Magnolia)
- Robinsons Realty and Management Corporation
Registered on May 1988, they provide owners and tenants the highest quality, professional property management services available. They help protect and enhance the value of property and its long term investment potential.
- Robinsons (Cayman) Limited
Incorporated in March 1997
- Robinsons Properties and Marketing Corporation
Incorporated in November 1998 and recognized as one of the most diversified real estate conglomerates with an excellent track record in developing successful residential, leisure and retirement projects to the middle and upscale segments, around Metro Manila and Cebu.
- Altus Angeles
Incorporated in October 2002, Altus Angeles is a wholly owned subsidiary of Robinsons Land Corporation addresses the growing demands of multinational companies and the BPO sector in the Philippines.
Vista Land is the Philippine’s largest homebuilder. The company was founded by Senator Manny Villar, who started his business in construction supply. It was incorporated on 28 February 2007 and was listed on the Philippine Stock Exchange on 25 June 2007. It is the market leader by far in terms of total number of houses built, having constructed more than 200,000 homes in 34 provinces, and 67 cities and municipalities in Luzon, Visayas and Mindanao. The company currently ranks among the top listed property firms in the country in terms of total assets, earnings and market capitalization.
Brittany Corporation was established in 1993. It caters to the high-end market segment in the Mega Manila area, offering luxury houses in master-planned communities, priced at Php9.0 million and above.
Notable Projects: Amore, Portofino Courtyards, Portofino South in Daang Hari, Alabang; Crosswinds and Grand Quartier in Tagaytay City; Georgia Club and Augusta in Sta. Rosa, Laguna
- Crown Asia
Crown Asia has and continues to develop the country’s finest residential properties for the nation’s upper middle-income families and individuals. Crown Asia believes that this group of individuals truly deserves a “trophy” home.
Notable Projects: Brescia Residences, Pine Crest, Presidio at Lakefront, Pine Suites, Cottonwoods, Amalfi
Over 30 years later, Camella has become the biggest developer of residential communities for the low and affordable segment in the Philippines. Having pioneered value-for-money homes in master-planned communities, Camella has now added to its offerings luxury single-family homes and city lifestyle residences, with innovatively conceived two to three-storey town homes and low-rise condominiums.
- Vista Residences, Inc.
Vista Residences, Inc. was established in 2009. It focuses on the development and sales of residential/commercial condominium units priced between Php1.9 million and Php16.0 million.
Notable Projects: Avant at the Fort in Bonifacio Global City; Pinecrest in New Manila, Quezon City; KL Mosaic in Legazpi Village, Makati City; Crown Tower in Sampaloc, Manila; Symphony Tower in South Triangle, Quezon City; Mosaic in Legazpi Village, Makati City and Madison Tower in Cubao, Quezon City
These subsidiaries offer an opportunity for the companies to diversify and manage risk. By developing different types of businesses, its other businesses are able to pick up the slack and keep the company profitable if one business or industry isn’t doing well. Where and how these subsidiaries choose to build greatly affects the neighborhoods where they are located. Thoughtful decision making in regards to real estate acquisition and development can leverage the community in a way that creates healthy places, stimulates economic revitalization, and supports the local housing market.