Italpinas Development Corp.
PPSE:IDC0.61
PHP
0.00
(0.00%)
ISIN
PHY4211L1036
CUSIP
Y4211L103
Return %
Stock
S&P 500
1Y
-38.38
14.20
3Y
-17.57
81.12
5Y
-53.69
68.34
Capital Structure
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Company Description
- CEO
- Giuseppe Garofalo
- Full Time Employees
- 335
- Sector
- Finance
- Industry
- Real estate development
- Address
- Makati City Philippines
- IPO Date
- Dec 7, 2015
- Website
- italpinas.com
- Similar Companies
- Business
- Italpinas Development Corporation is a Philippines-based real estate developer specializing in sustainable, eco-friendly, mixed-use commercial, residential, and institutional property developments in emerging secondary and tertiary cities across the Philippines. Founded in 2009 and headquartered in Makati City, Philippines, the company focuses on integrating passive green architecture, renewable energy systems, and resource-efficient engineering into high-performance buildings. The company operates primarily through real estate development and property leasing segments, offering a portfolio of products and services that include: mixed-use residential and commercial high-rise condominiums under the Primavera brand, including Primavera Residences and the multi-phase Primavera City development (encompassing Citta Verde, Citta Bella, and Citta Grande) in Cagayan de Oro City; integrated commercial, office, and residential complexes under the Miramonti Green Residences brand in Santo Tomas, Batangas; sustainable economic and mid-market housing developments under the Verona Green Apartments series; eco-luxury resort, hospitality, and residential waterfront developments such as Coral Suites in Morong, Bataan; commercial retail and office space leasing; property management and facility administration services; and sustainable architectural design, project engineering, and development consultancy services. The company primarily targets middle-income homebuyers, young professionals, commercial retail tenants, and investors seeking environmentally certified properties accredited by the International Finance Corporation Excellence in Design for Greater Efficiencies standard. In recent major developments, Italpinas Development Corporation has expanded its geographic footprint and project portfolio through the construction and commercial rollout of subsequent phases of Primavera City in Northern Mindanao and Miramonti Green Residences in South Luzon, alongside expanding into Central Luzon with the launch of the Coral Suites green leisure development in Bataan. Additionally, the company has broadened its land banking activities across high-growth provincial corridors such as Palawan and Bukidnon, executed preferred share capital-raising programs and strategic private placements to fund capital expenditures and construction pipelines, and entered into joint venture partnerships with local property owners and renewable technology partners to accelerate its sustainable real estate platform.