Established in 1990 initially as the Corporate Real Estate arm of San Miguel Corporation (SMC), Southeast Asia’s largest food, beverage and packaging company, San Miguel Properties, Inc. (SMPI) is, today, an esteemed developer of residential and commercial real estate in the Philippines.
Although primarily established to manage its parent company’s landholdings, SMPI diversified into commercial property development in response to market opportunities. Its portfolio of projects include mixed-use developments with economic to middle-income housing as its main thrust, with property leasing, the management of strategic real estate ventures and corporate real estate services as other major projects and services.
Ayala Land, Inc. (ALI) was organized in 1988 when Ayala Corporation decided to spin off its real estate division into an independent subsidiary to enhance management focus on its real estate business. ALI went public in July 1991 when its class "B" common shares were listed both in the Manila and Makati Stock Exchanges. On September 12, 1997, the Securities and Exchange Commission approved the declassification of ALI’s common class "A" and common class "B" shares into common shares.
ALI has organized its operations into several core businesses and support businesses. Its core businesses are composed of strategic landbank management, residential development, shopping centers, corporate businesses, and geographic businesses. On the other end, ALI’s support businesses consist of construction, hotels, property management, and waterworks operations. ALI also derives other income from its investment activities and sale of non-core assets.
Metro Pacific Investments Corporation, formerly Metro Pacific Corporation (MPC), serves as the holding company for investments in real estate and infrastructure projects. The Company is organized into three major business segments: real estate, transportation, and others. Real estate primarily relates to the operations of MPC and Landco, Inc. Transportation relates to the operation of Negros Navigation Co. Inc. (Nenaco), which provides inter-inland passengers and freight transport services. Other operations consist of the subsidiaries involved in the provision of services and holding companies. In December 2006, the sale of Nenaco’s 83.96% interest to Negros Holdings and Management Corporation was approved. Metro Pacific Holdings, Inc. holds 95.92% of the Company.
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Robinson Land Corporation (RLC) Philippines-based company engaged in the business of selling, acquiring, building, constructing, developing, leasing and disposing of real properties, such as land, buildings, shopping malls, commercial centers, housing projects, hotels, mixed-used property projects, industrial estates, infrastructure projects, amusement and recreation parks or theme parks, and property development. RLC has four business divisions: Commercial Center Division develops, leases and manages shopping malls and commercial centers; High Rise Buildings Division is responsible for the development, sale and lease of office and residential condominium space, as well as high-end horizontal residential projects; Housing and Land Development Division is responsible for the development and sale of middle- income and socialized housing and residential lots and, Hotels Division owns and operates a chain of prime hotels in Quezon City, Pasig City and Cebu City and a service apartment.
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Empire East Land Holdings, Inc. its subsidiaries are engaged in the development and marketing of housing projects either in the form of condominium communities or house-and-lot packages, and to a limited extent, commercial and office space and mixed use complexes. It also leases out commercial and industrial properties. It develops projects where components, such as commercial, residential, entertainment and offices are present. The projects are classified into horizontal land development, mid-rise development and high-rise development. The primary thrust of the Group is the development of housing townships, residential subdivisions and other massive horizontal land development, alone or in joint venture with partners. The Company has two wholly owned subsidiaries: Eastwood Property Holdings, Inc. and Gilmore Property Marketing Associates, Inc. During the year ended December 31, 2006, it acquired a 33% ownership interest in Valle Verde Properties, Inc. Read more
