A. Brown Co. Inc. looks to spend P400 million to finance the expansion of its property development outside Mindanao.
The company said it is looking to further develop properties “that follow the concept of healthy, environment-friendly, and low dense communities” outside Mindanao.
The listed company said it has a landbank of 293 hectares “in marketable locations and is well-positioned to take advantage of the demand for its trending properties.”
“One such location is its property in Tanay, Rizal. Offering cool weather at 430 meters above sea level and temperatures dropping to 20°C, this property is surrounded by the natural habitat of century-old trees. It has a majestic view of Laguna Lake and the Sierra Mt Range,” said Robertino Pizarro, A. Brown president.
“This expanse will host a mixed-use development with an upscale residential estate, a themed restaurant, a hotel, and a condominium. Another 15-hectare property in the area is designated for the economic and socialized housing with a commercial space frontage,” he added.
