Local property firm Ovialand Inc. eyes to increase its portfolio of projects with Japanese partner Takara Leben to 10 after sealing their first joint venture project, Savana South.
Pammy Olivares-Vital, president and chief executive officer of Ovialand told reporters the company is poised to sign with Takara Leben separate agreements for four more projects to be rolled out within three years focused on Laguna and in Bulacan.
Five more projects are in the works that would capitalize on their regional growth strategy focused in Laguna and in Bulacan.
Olivares-Vital also revealed plans to increase the company’s landbank to 300 hectares by 2026 and to become a national player by 2030, Olivares-Vital and Hiroshi Iwamoto, director of Takara Leben, yesterday signed a memorandum of understanding for the JV on Savana South where the companies are jointly spending P300 million.
Savana South, a 6.5- hectare development in San Pablo City, offers 657 homes that will generate P1.97 billion in sales over four years.
