By Jenniffer B. Austria | Posted on
Oct. 25, 2012 at 12:01am |
[ manilastandardtoday.com ]
DMCI Homes, the housing unit of DMCI
Holdings Inc., has raised P10 billion through a loan facility to finance real
estate projects.
DMCI president Isidro Consunji said
the seven-year loan facility was syndicated by BDO Capital and Investments
Corp. and funded by nine financial institutions.
BDO Capital president Ed Francisco
said the syndicated loan facility was participated in by banks, finance
companies and bank trusts.
The property company earlier said it
was preparing to roll out new condominium projects in Metro Manila targeting
the middle-income earners.
The new projects include Acacia
Estates in Taguig City, which will contain seven medium-rise buildings and
Flair Towers in Mandaluyong City.
It launched Sheridan Towers in
Mandaluyong City and Brio Tower, a premium residential tower in Guadalupe,
Makati City.
The company recently launched Zinnia
Towers and The Amaryllis in Quezon City and introduce One Castilla Place early
next year.
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