Sta. Lucia Land to spend P5B on land acquisitions
MANILA, Philippines — Listed developer Sta. Lucia Land Inc. (SLI) will spend up to P5 billion this year mainly to acquire land in key provinces as demand for residential projects outside Metro Manila increases, with the company expecting double-digit annual growth in revenues through its new projects. SLI on Wednesday said it planned to buy land in Laguna, Batangas, Bulacan, Davao and South Cotabato. It will likewise pursue joint ventures in Cebu, Iloilo and Davao to develop lots and expand existing projects. “We are optimistic of our prospects this 2025 as we continue to build across the country to address […]…
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