JLL, Italpinas Development Corporation to Bring Italian Living to Batangas with Miramonti Green Residences

Italpinas Development Corporation (IDC) is known for its tremendous success in discovering and developing sweet spots in emerging cities in the country. IDC is a design-driven developer of sustainable properties which, unlike the majority of real estate developers, do not just concentrate in the metro, but also goes beyond it. Known for its flagship projects such as Primavera City and Primavera Residences in Cagayan De Oro, both are eco-friendly projects that offer Italian-inspired design and world-class construction standards.

IDC is now ready to replicate its CDO success in Sto. Tomas, Batangas with Miramonti Green Residences, the first mixed-use condominium project in this area with commercial offices and serviced apartments. According to IDC Chairman and CEO Romolo V. Nati, Batangas is ripe for a project such as this. “As a first-class municipality, Sto. Tomas is part of the Philippines’ new beltway of economic growth. Its location is very strategic too, being along the expressways connecting the capital region with Batangas port.”

Miramonti Green Residences offer efficient, affordable and functional contemporary Italian architectural design within short distance of the Light Industry Science Park (LISP) III. This makes the property very accessible to industrial parks such as the Filinvest Technology Park Calamba, Carmelray Industrial Parks, Calamba Premiere Industrial Park and Lima Technology Center, as well as schools, offices, commercial centers and golf courses. The project is targeted towards businessmen, entrepreneurs and OFWs looking to invest and those who work inside LISP III and its neighboring industrial parks, including foreign nationals.

IDC President Jose D. Leviste III also shares that as Italpinas Development Corporation is known for its eco-friendly mixed-use buildings with top class yet affordable units, they will be tapping the marketing services of JLL to ensure that those who will benefit the most from investing in Miramonti will be reached. JLL is a leading professional services firm that specializes in real estate and investment management.

“We always tap a wide network of real estate brokers when we market our projects, and we believe we took that one step higher by partnering with JLL.” Leviste adds, “They have the experience, the network and the credibility that will complement this project successfully.”

For his part, JLL Philippines Country Head Christophe Vicic is very bullish on the potential of Miramonti. “At JLL, we’ve always believed the future of real estate lies in emerging sectors outside of Metro Manila. Miramonti is the perfect avenue to prove just that. There is so much business being conducted in this part of the country, and it’s the perfect time to develop a mixed-use condominium project that will reflect the investment value attraction of this area.”  

**

About JLL

JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. A Fortune 500 company, JLL helps real estate owners, occupiers and investors achieve their business ambitions. In 2016, JLL had revenue of $6.8 billion and fee revenue of $5.8 billion and, on behalf of clients, managed 4.4 billion square feet, or 409 million square meters, and completed sales acquisitions and finance transactions of approximately $136 billion. At the end of the third quarter of 2017, JLL had nearly 300 corporate offices, operations in over 80 countries and a global workforce of over 80,000. As of September 30, 2017, LaSalle Investment Management had $59.0 billion of real estate under asset management. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit www.jll.com.

JLL has over 50 years of experience in Asia Pacific, with 36,900 employees operating in 96 offices in 16 countries across the region. The firm won the ‘World’s Best’ and ‘Best in Asia Pacific’ International Property Consultancy at the International Property Awards in 2016 and was named number one real estate investment advisory firm in Asia Pacific for the sixth consecutive year by Real Capital Analytics.  www.ap.jll.com.

About IDC

Italpinas Development Corporation (IDC) is a pro-environment, design-forward, multi-awarded real estate developer.  IDC brings knowledge and innovation in architectural design, market and demographic strategy, project development, and sales, to serve underestimated and unserved demand in the Philippines’ next wave of emerging cities. 

Italpinas Development Corporation’s innovation is not only in architecture and design but also in its sentience and reactivity to highly prospective demographic niches.    The premise of IDC’s business model is that certain 2nd and 3rd tier Philippine cities represent individual booms within the broader Philippine growth story, and that IDC’s unique design propositions are an unprecedented, but successful way to address such demand.  This premise was validated by IDC’s debut in Cagayan de Oro City.  The Company now plans to repeat this formula at other sites with similar demographic and market conditions, while remaining faithful to its core architectural and design philosophies of efficiency, elegance, and long term value. WWW.ITALPINAS.COM