Category: Real Estate

Store Specialists, Inc. and Ayala Land, Inc. Unveil a New Department Store Concept

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Store Specialists, Inc. and Ayala Malls, two of the country’s leading names in lifestyle retail, joined forces to open a new department store concept. Wellworth department store is the maiden venture of SIAL Specialty Retailers, Inc., a subsidiary of Stores Specialists, Inc. (SSI), and Varejo Corp., a subsidiary of Ayala Land, Inc. (ALI).

The same partnership is also responsible for bringing the Japanese convenience store chain FamilyMart into the Philippines.

Wellworth, a value-based, mid-market department store chain, aims to tap into the country’s growing market of aspirational yet price-conscious shoppers, by hosting a wide variety of international, local, and exclusive brands in a dynamic and exciting shopping environment.

Distinguished by state-of-the-art store design by award winning and renowned international architectural and design firm Blocher Blocher Partners, warm and engaging customer service, and affordable prices, Wellworth offers a refreshing take on the department store format. Featuring 15,000 square meters of selling space, the store carries a wide range of children’s, men’s, ladies’, cosmetics, and home selections geared for modern Filipino families. Each floor has a distinct shopping experience that brings new excitement to basics and lifestyle shopping.

According to Anthony T. Huang, President of SIAL, “The country’s positive economic indicators as well as the robust growth of the retail sector presents a great opportunity for expansion across most retail formats. Wellworth is focused on the burgeoning middle class that expects quality and affordability to go hand-in-hand in an inspiring shopping environment. We believe that the shopping experience is the new frontier for competitive differentiation.”

Backed by the combined expertise of its parent companies in retail operations and merchandising (SSI) and in real estate development (ALI), Wellworth is slated to be the department store anchor for strategic future Ayala Mall developments in key locations around the country. Wellworth is set to open 15 stores over a period of 5 years.

Wellworth Department Store is located at Fairview Terraces, 2733 Quirino Highway, Fairview, Quezon City. For more information, visit our website at www.wellworth.com.ph. You may also follow us on Facebook at facebook.com/WellworthPhilippines and Twitter, Instagram, Pinterest and Youtube at WellworthPH.

2013 is Arya Residences and ArthaLand’s banner year

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World class, green, boutique residential condominium, Arya Residences caps 2013 with flying colors earning multiple recognition from various national and international bodies. Its developer ArthaLand also gained major awards for its efforts to put forward quality and sustainability.

For two years in a row, Arya Residences is identified by the South East Asia Property Awards as The Best Residential Development in the Philippines.

The project bested all the other entries based on the following rigid criteria: design and concept including functionality, green initiatives, innovation and amenities; value for money covering suitability of location and pricing relative to quality; sales and marketing including creativity and performance; state of completion and quality of construction; and additional attention to community benefits and environmental innovation.

In the first Philippines Property Awards 2013, Arya Residences emerged as the biggest winner, bagging the Best Luxury Condominium Development (Manila), and Best Residential Architectural Design titles respectively.

Among the best in South East Asia

In its current issue, Property Report South East Asia, a pan-Asian circulating luxury real estate magazine, identifies Arya Residences to be among the 8 Best Luxury Condos in South East Asia along with Marina Bay Suites in Singapore, Kemang Village in Malaysia, and 185 Rajadamri in Thailand among others.

Calibrated sustainability

Arya Residences, is the Philippine’ first and only top-end residential development that is on target to achieve dual green building certification.

This condominium development that espouses enlightened luxury is registered under the U.S. Green Building Council’s Leadership in Energy and Environmental Design (LEED) program with a certification goal of Gold. It is also the benchmark development in the Philippine Green Building Council’s Buildings for Ecologically Responsive Design Excellence (BERDE) program for vertical residential developments.

Arya Residences is rising along McKinley Parkway in Bonifacio Global City, one of the Philippines’ premier and most future-ready Central Business Districts. The first of the two towers is on its final quality checking phase and is set to be turned-over beginning the first quarter of next year. The second tower is well on its way into construction and has already surpassed the 30th floor with a scheduled turn-over in 2016.

Best Boutique Developer

ArthaLand, on the other hand is recognized in the first Philippines Property Awards as the Best Boutique Developer in the Philippines for besting other players in the following parameters: reputation, quality of projects, and innovation.

BCI Asia also placed ArthaLand to be among the Top 10 Developers in the Philippines.

In 2013, ArthaLand is once again conferred the Environmental Leadership Award for the third time by WWF-Philippines for its staunch support to the organization’s environmental protection and climate change education programs.

Stateland bares newest enclave in Calamba

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PROPERTY developer Stateland, Inc. once again ventured in economic housing project through its latest development, the Gran Avila. The 16.25 hectares of prime land was publicly launched last March 1 and was graced by Mayor Justin Marc SB. Chipeco and Pag-IBIG Fund President and CEO Atty. Darlene Berberabe.

“We build houses that people deserve, this has always been our mantra, and Gran Avila is another product of that legacy”, Stateland, Inc. President Reynaldo T. Cometa conveyed before the distinguished guests, business partners, company officers and clients. He added that the houses developed by the company are made of fine quality construction materials. The houses they build can vary depending on the client’s preference, need and style. In Gran Avila, clients can choose from basic to complete house options from the four house model units. Mayor Chipeco also cited the housing project as a realization of every Filipinos’ dream to have a liveable community. He also mentioned that Calamba is the perfect place for the community development because of its geographical advantages and also of its naturally-friendly people.

Gran Avila is strategically located amid the greeneries of the South and the sprawling commercial establishments in the area. Initially developed and introduced last 2013, Gran Avila is an economic housing project of Stateland, Inc. that seeks to provide quality and affordable homes to the Filipino people. Its affordable cost, modern architectural design, landscaped areas and enviable location make it a suitable community for every families.

Gran Avila provides its future home owners flexible home options. Alto is 60 sq. m. two-storey single attached house with provisions for three bedrooms, one toilet and bath, dining and kitchen area and carport provision. Solo is a 36 sq. m. one-storey single attached house with provisions for two bedrooms, one toilet and bath, dining and kitchen area and carport provision. Gran Avila also offers combined units for its row house and town house units. Stanza model, a two-storey town house with 43 square meter of floor area and provision for two bedrooms, one toilet and bath, dining and kitchen area and carport provision, can be combined with another Stanza unit, depending on the client’s need and preference. This goes the same for the Legato model, a one-storey row house with 25 sq. m. floor area and provision for one bedroom, one toilet and bath, dining and kitchen area and carport provision. Generous landscaped main open spaces, landscaped children’s playground with play equipment and multi-purpose hall for different gatherings will also provide its future residents a place for leisure and recreations. Basic units can also be altered by putting add-ons to them. For an instance, the basic turnover finish of Solo model has a plain cement finish for its ground floor. If a client opts to put an add-on to it, the plain cement finish will change into a vinyl tile finish. Aside from this, there are other house options a client can choose from. Economically aside, Gran Avila also provide its future residents a refreshing vibe of countryside living. Located in the center of business and commercial establishments in the city, Gran Avila never loses the rustic vibe of the South as one can easily overlook Mount Makiling from afar, the trees that provides shades and cold breeze and the green pastures that serves as the shelter for different farm animals. One can easily enjoy the best of both rustic and modern living, in the most economical prices. As an economic housing project, prices for each houses are pegged from PHP 600,000.00 to PHP 1.250 million. Despite its low prices in the market, Stateland ensures the quality of its products as it strictly adheres to the standards of the Structural and Building Code of the Philippines.

The Gran Avila Grand Launching was well attended by the local government officials of Calamba City, officers and officials of the Pag-IBIG Home Development Fund, bank partners, company officials, business partners, and clients, among others. The launching beacons new beginning for the economic housing ventures as the property developer continuously innovates the standards of BP 220 developments.

Cometa assured the guests that months from now, houses will be visible and architectural plans and designs for the newest community will finally be materialized, thus the realization of a sustainable and eco-friendly community for the benefit of everyone.

Century Properties Wins 2014 ASSET AWARD

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Century Properties Chief Financial Officer Jose Carlo R. Antonio with Chek Wee Lim of Standard Chartered Bank (left image) and Stephen Sieh, the company’s financial adviser from Primeiro Partners (right image) at the awards ceremony on April 8, 2014 at the Four Seasons Hotel in Hong Kong.

The publicly-listed premiere property developer was cited by The Asset’s Board of Editors for having the best structured trade finance solution of Php4.2 billion for several buildings situated in its three masterplanned communities, “avoiding negative carry of traditional funding route, as well as mitigating single event risk by financing all said projects concurrently.”

“Our company thanks The Asset for recognizing our efforts in creating the best financial solutions for our needs as a fast-growing real estate company. This award underscores Century’s commitment to build a good track record in raising finance and achieving a strong financial performance for the company, to give the best value to its shareholders,” Antonio said.

For the said transaction Standard Chartered was the Mandated Lead Arranger & Bookrunner for the US Dollar and Philippine Peso tranches, while Taiwan Cooperative Bank was the Arranger of the US Dollar tranche. Primeiro Partners’ Stephen Sieh is the company’s financial adviser.

Century Properties is the sole winner of the said award category and only one of three Philippine companies to be honored in the 2014 regional awards, which seek to identify corporations and banking institutions that have implemented the most effective and innovative treasury, cash management, capital and trade finance and risk management solutions in Asia.

The Asset Publishing and Research Ltd. is a multimedia company geared towards the elite community of leading corporate and financial decision makers in Asia.

In the last five years, Century Properties has developed premium market leadership through design and partnering with world renowned brands such as Trump for the Trump Tower at Century City, Missoni Home for Acqua Livingstone, Versace Home for Milano Residences, John Hitchcox and Philippe Starck through yoo inspired by Starck for Acqua Iguazu residences, and Armani/Casa and Studio Daniel Libeskind for Century Spire.

In the first quarter of the 2014, Century Properties inaugurated the Paris Beach Club designed by international style icon Paris Hilton and also turned over the third building at the Azure Urban Resort Residences in Paranaque City. The company also completed and opened the five-level Century City Mall in Makati, its first retail development; and topped-off the construction of buildings in its Acqua Private Residences and Residences at Commonwealth projects in Mandaluyong and Quezon City, respectively. By the end of the year Century will also complete its IT-medical arts building in partnership with GE Healthcare, called Centuria Medical Makati.

Century Properties Wins 2014 ASSET AWARD

PRNEWS Leave a comment

Century Properties Chief Financial Officer Jose Carlo R. Antonio with Chek Wee Lim of Standard Chartered Bank (left image) and Stephen Sieh, the company’s financial adviser from Primeiro Partners (right image) at the awards ceremony on April 8, 2014 at the Four Seasons Hotel in Hong Kong.

The publicly-listed premiere property developer was cited by The Asset’s Board of Editors for having the best structured trade finance solution of Php4.2 billion for several buildings situated in its three masterplanned communities, “avoiding negative carry of traditional funding route, as well as mitigating single event risk by financing all said projects concurrently.”

“Our company thanks The Asset for recognizing our efforts in creating the best financial solutions for our needs as a fast-growing real estate company. This award underscores Century’s commitment to build a good track record in raising finance and achieving a strong financial performance for the company, to give the best value to its shareholders,” Antonio said.

For the said transaction Standard Chartered was the Mandated Lead Arranger & Bookrunner for the US Dollar and Philippine Peso tranches, while Taiwan Cooperative Bank was the Arranger of the US Dollar tranche. Primeiro Partners’ Stephen Sieh is the company’s financial adviser.

Century Properties is the sole winner of the said award category and only one of three Philippine companies to be honored in the 2014 regional awards, which seek to identify corporations and banking institutions that have implemented the most effective and innovative treasury, cash management, capital and trade finance and risk management solutions in Asia.

The Asset Publishing and Research Ltd. is a multimedia company geared towards the elite community of leading corporate and financial decision makers in Asia.

In the last five years, Century Properties has developed premium market leadership through design and partnering with world renowned brands such as Trump for the Trump Tower at Century City, Missoni Home for Acqua Livingstone, Versace Home for Milano Residences, John Hitchcox and Philippe Starck through yoo inspired by Starck for Acqua Iguazu residences, and Armani/Casa and Studio Daniel Libeskind for Century Spire.

In the first quarter of the 2014, Century Properties inaugurated the Paris Beach Club designed by international style icon Paris Hilton and also turned over the third building at the Azure Urban Resort Residences in Paranaque City. The company also completed and opened the five-level Century City Mall in Makati, its first retail development; and topped-off the construction of buildings in its Acqua Private Residences and Residences at Commonwealth projects in Mandaluyong and Quezon City, respectively. By the end of the year Century will also complete its IT-medical arts building in partnership with GE Healthcare, called Centuria Medical Makati.