Boutique property developer Arthaland Corp. (Alco) has sold 100 percent of its interest in realty subsidiary Irmo Inc., an exercise seen to “significantly improve” yearend income and prepay some of its loans. Irmo—which is engaged in the realty development business including home building and development—has an interest in a portion of a subdivision plan [...]
Building green structures is not a mere advocacy. Nor should it be just a lip service or a marketing campaign that can gloss over the true value of being green, which, at the end of the day, can only be measured by a developer’s ability to leave a legacy of a sustainable lifestyle that future generations can enjoy.
Export and Industry Bank sold its 18.4 percent stake in publicly listed property developer Arthaland Corp. for P177.7 million to a group of financial investors, thereby unloading non-core assets ahead of the sale of its banking operations to Banco de Oro Unibank.
