The Philippines continues to attract foreign investors, the latest of them is Hankyu Realty Co. Ltd.’s entry in the country’s real estate market.
Seventy-year-old Hankyu Realty of listed Hankyu Hanshin Holdings, Inc. signed a joint venture agreement (JVA) on June 14, 2017 at Fairmont Makati with P.A. Alvarez Properties and Development Corporation (P.A. Properties), the 23-year-old Laguna-based developer that has established a name in the competitive Philippine real estate industry.
As both Hankyu Realty and P.A. Properties value — and help realize — the dreams of the people to “live in a place they truly want to live in,” the JVA will undertake the development of an 11-hectare, Phase 1 of a 37-hectare township project in Dasmariñas, Cavite