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STA. LUCIA LAND, Inc. said on Friday that its board of directors had approved three joint venture projects to develop areas in Luzon and the acquisition of 10 parcels of land, including two in Mindanao.
THE growth of the country’s tourism industry is pushing a listed firm to boost its hotel and resorts business within the medium term.
STA. LUCIA Land, Inc. (SLI) will be developing a 97-hectare property in Davao City into a masterplanned community.
STA. LUCIA Land, Inc. (SLI) has allotted P20 billion in capital expenditures (capex) over the next three years, in a bid to expand its residential and commercial properties in the country.
Sta Lucia Land, Inc. (SLI) said its board has approved the purchase of LBS Properties Inc.’s stake in Uni-Asia Properties, Inc., thereby gaining access to the latter’s development projects.