Published on 08 October 2012 [ manilatimes.net ]
Written by MADELAINE B. MIRAFLOR
Publicly-listed home builder giant
Vista Land and Landscapes will start its hotel developments in 2013 as it plans
to establish a more active presence in the real estate industry in the country.
Sen. Manuel “Manny” Villar Jr.,
founder of Camella Homes and Vista Land International, said in an interview
that they are planning to build hotels by next year and that in few years, they
want to be a complete and major real estate developer.
“In few years, we will be a complete
developer,” he said.
“We will be building hotels, we will
be building condominiums,” Villar added.
The senator also said that Vista Land
is upbeat on its outlook on the Philippine property market.
“The growth rate this year and next
year are looking better,” he said.
Villar added that they will not say
“no” to building casinos and that they might have a casino development in the
future.
“In the future, we might also have
that [casinos],” he said.
Villar earlier said that Vista Land is
taking it one step at a time in transforming itself into a bigger player in the
real estate industry.
“We are all set and we are ready to
compete with major real estate developers in the country,” he said.
Recently, Vista Land launched its
latest development projects under its Brittany brand and is expecting to
generate P10 billion from the portfolio.
Vista Land launched ‘The Alpine
Village at Crosswinds’ and ‘The Hudson at the Fort’, which also signifies Vista
Land’s intention to be a major player in the real estate development. Both developments
are located at The Global City in Taguig City.
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