- News/Press Release
- Sta. Lucia Land, Inc. uses bond proceeds to acquire more land and to enter into new joint ventures
Sta. Lucia Land, Inc. uses bond proceeds to acquire more land and to enter into new joint ventures
Listed company Sta Lucia Land, Inc. (“SLI”) continues to embark on its growth strategy through the acquisition of 53 properties in Pasig City, Laguna, Cavite, Batangas, Tagaytay and General Santos City totaling 968,962.47 sq.m. and 11 joint venture partner agreements in Cavite, Laguna, Batangas, Rizal, Iloilo and Cebu totaling 947,533.62 sq.m.
Fresh from the recent maiden P4 Billion corporate bond offering, part of the proceeds were immediately used to acquire strategic landbank and to continue its joint-venture business model.
SLI also continues to expand its international markets with international offices in Singapore, United Kingdom, Dubai, California USA and newly opened sales offices last year 2015 in Australia, France and Illinois-USA.