PROPERTY company Sta Lucia Land Inc. (SLI) has agreed into partnership and land acquisitions, as a show of continuous commitment in focusing its projects in emerging and growing cities across the country.
The listed firm disclosed with the local bourse on Friday that it had entered into 16 joint-venture agreements in Davao, Rizal, Pasig, Batangas and Laguna for a total of 142.33 hectares of land. Also, it acquired parcels of land in Batangas and Iloilo, aggregating 34.53 hectares.
Some of these projects are extensions of existing developments, such as Ponte Verde in Davao; Greenwoods Executive, Pasig; Metropolis East, Rizal; Golden Meadows, Laguna; and Metropolis, Iloilo.
WIth these initiatives, SLI is poised to benefit in the increased purchasing power and the renewed influx of commerce as businesses begins to prosper in emerging cities and provinces.