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Landco posts 15.3% growth in sales

Published on 14 May 2013 [ ]
Upscale developer Landco Pacific Corp. posted a 15.3-percent growth in its sales performance during the first quarter of this year, significantly higher compared to the same period last year.
From January to March 2013, total sales amounted to P805 million while total sales for the same period in 2012 was at P698 million.
Sales generated came from leisure communities (P331 million), luxury home communities (P269 million) and resort-inspired condominiums (P205 million). Landco’s top selling project for the first quarter is Tribeca Private Residences, with sales of P205 million. Tribeca Private Residences is a resort-inspired residential condominium development in Sucat, Muntinlupa.
“Our first-quarter sales performance shows the market’s confidence in the quality and value of our leisure developments. We are happy to offer different ways for our customers to experience unique leisure lifestyles and enjoy quality time with loved ones, which is just what we need to cope with and face our busy, challenging lives today,” said Alfred Xerez-Burgos 3rd, president and chief executive officer of Landco Pacific.
Xerez-Burgos is confident that based on the company’s first-quarter performance, Landco will meet their year-end sales targets. Landco is currently completing various projects at a brisk pace. The construction of Tribeca Private Residences’ fifth tower is now in full swing, located in the Hudson Place cluster in Tribeca Private Residences. Designed to provide residents a resort lifestyle in the midst of the city, Tribeca features high-end leisure amenities that include the 1,800-square meter Aqua Park and the 3-hectare Central Park. Within the Central Park is a world-class football field, which is the home and playing field of the Chelsea FC Soccer School operated by the Younghusband Football Academy.

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