Italpinas forges JV for P1.8 B Batangas expansion

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Real estate firm Italpinas Development Corporation (IDC) has forged a partnership with Lanvin Natural Resources Corporation for a P1.8 billion expansion of its residential project in Sto. Tomas, Batangas.

Real estate firm Italpinas Development Corporation has forged a partnership with Lanvin Natural Resources Corporation for a P1.8 billion expansion of its residential project in Sto. Tomas, Batangas.

IDC will develop the area into a condominium project, specifically Phase 2 of Miramonti Green Residences. Last January, IDC ventured into the economic market segment of the residential real estate sector with the launch of a P1.2 billion project through a joint venture agreement with the Go family, one of the prominent business clans in Cagayan de Oro.

 

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