The largest private developer of industrial estates in the Philippines, with an aggregate area of about 800 hectares developed and under development situated in seven major locations across the Philippines
First privately-owned industrial estate to:
The township of Pueblo de Oro is a 360-hectare project, the biggest mixed-use facility in Cagayan de Oro. The project was spearheaded by PODC and master-planned by Louis Berger International, Inc. (LBII), a distinguished name in regional and urban planning with projects all over the world
The township includes:
The owner and developer of the World Trade Center Metro Manila (WTCMM), a member of the World Trade Centers Association (WTCA) of New York, World Trade Center Metro Manila (WTCMM) is the first and, to date, the only exhibition venue in the Philippines recognized by the Union des Foires Internationales or UFI, the global association of the exhibition industry.
The hall was designed by Gensler & Associates, of the U.S.A, architects of the 2nd hall of the Moscone Center in San Francisco, in conjunction with architect W.V Coscolluela, a well-known Filipino architect.
WTCMM has more than 16,500 sqm of gross floor area, consisting of 11,300 sqm of contiguous exhibition space at ground level, a pre-function lobby and a loading bay plus an 8,200 sqm outdoor space.
Its annual occupancy rate averages 65-70%.
Led Capmark’s three-party JV deal with Ayala Land, the largest property developer in the Philippines, and Goldman Sachs, to develop and acquire call center and business process outsourcing office buildings.
Initial transactions included the acquisition of a 17,034 sqm build-to-suit call center in Makati and the development of a 57,792 sqm business process outsourcing building in Makati.
Target portfolio of USD200 million.
Structured and invested in a tri-party joint venture for a mixed-use tourism project with Ayala Land.
The subject property is a 1,000+ hectare island located in the Visayas. The island contains a 1.3 km airstrip and several kilometers of white sand beaches. Easily accessible by air or sea, with regular flights into the island expected to commence in 2018.
Ayala Land is master planning and developing the island into a mixed-use tourism site, with hotels of varying price points, commercial projects with restaurants, bars and retail shops, and residential subdivision and golf course.
The project required intense negotiations with illegal settlers, Department of Agrarian Reform, and several parties with liens attached to the title, including lenders.
Acquired a USD23 million residential real estate loan portfolio from Avida Land (a subsidiary of Ayala Land), one of the largest residential property developers in the Philippines.
Portfolio consisted of over 1,300 accounts, of which 80% were current and 20% were past due.
Loans were backed by low- and middle-income housing units in 19 developments across Metro Manila.
Exit strategy involved bulk sales to banks as loans become bank-qualified with regard to seasoning and borrower equity.
IRPP’s rigorous and disciplined investment process has enabled it to identify ideal property investments with the right partners. This methodology, combined with the ability of the Investment Team to generate exits, has delivered above-market returns.
If you are a property developer or owner looking for a buyer or partner, or if you’re interested in learning more about how to invest with us, please contact us at:
ICCP RedPeak Property Partners, Inc.
17F, Robinsons Summit Tower
6783 Ayala Avenue
Makati City, Philippines