About Us

JOINT VENTURE


paproperties
Japan’s Hankyu Realty enters PH, partners with P.A. Properties

The Osaka-based real estate company signs a joint venture agreement with the local firm to develop the first phase of a township project in Dasmariñas, Cavite

MANILA, Philippines – The Philippines continues to attract foreign investors, the latest of them is Hankyu Realty Co. Ltd.’s entry in the country’s real estate market.

Seventy-year-old Hankyu Realty of listed Hankyu Hanshin Holdings, Inc. signed a joint venture agreement (JVA) on June 14, 2017 at Fairmont Makati with P.A. Alvarez Properties and Development Corporation (P.A. Properties), the 23-year-old Laguna-based developer that has established a name in the competitive Philippine real estate industry.

As both Hankyu Realty and P.A. Properties value — and help realize — the dreams of the people to “live in a place they truly want to live in,” the JVA will undertake the development of an 11-hectare, Phase 1 of a 37-hectare township project in Dasmariñas, Cavite

PH Vector One, Inc JVA signing

SIGNED. (Seated from left) P.A. Properties Chairman Romarico Alvarez and Hankyu Realty President Ryuichi Morotomi signs the joint venture agreement on the development of a township project in Dasmariñas, Cavite. (Standing from left) P.A. Properties President Jonathan Lu and Hankyu Realty Deputy General Manager Toda Masahiko witness the signing.

PH Vector One, Inc. JVA toast

TOAST. (Standing from left) P.A. Properties President Jonathan Lu and Chairman Romarico Alvarez and Hankyu Realty President Ryuichi Morotomi and Deputy General Manager Toda Masahiko toast the joint venture agreement signing of both companies to develop a township project in Dasmariñas, Cavite.

PH Vector One, Inc. JVA President Ryuichi Morotomi

FOR PH ECONOMY. Hankyu Realty President Ryuichi Morotomi says the Osaka-based Japanese firm hopes to provide good housing for the working people of the Philippines while continuing to support the growth of the Philippine economy.

PH Vector One, Inc. JVA Chariman Romarico Alvarez

FOR PARTNERSHIP. P.A. Properties Chairman Romarico Alvarez says the partnership with Hankyu Realty will help the 23-year-old company to address the more than 6 million housing backlog in the Philippines.

PH Vector One, Inc. JVA President Jonathan Lu

Q&A. P.A. Properties President Jonathan Lu answers questions regarding the joint venture agreement with Hankyu Realty.

PH Vector One, Inc. JVA gift giving

GIFT GIVING. P.A. Properties Chairman Romarico Alvarez gives Hankyu Realty President Ryuichi Morotomi a souvenir following the companies’ joint venture agreement signing for the development of a township project in Dasmariñas, Cavite.

Effective April 1, 2018, Hankyu Hanshin Holdings Group consolidated Hankyu Realty Co. Ltd. and the real estate business departments of both Hankyu Corporation and Hanshin Electric Railway Co., Ltd. to establish a new company, Hankyu Hanshin Properties Corp.

P.A. PROPERTIES

paproperties

 

 

For 23 years, Laguna-based P.A. Alvarez Properties and Development Corporation (P.A. Properties) has established itself a name in the competitive Philippine real estate industry by enabling the public to have their dream homes at affordable rates and payment schemes.

The company, which has already built about 19,000 housing units in Laguna, Batangas, Bulacan, Cavite, Pampanga, and Metro Manila, continues to embark on strategic expansion efforts to further build 15,000 more housing units in the next five years, thereby creating comfortable, safe, and joyful Filipino communities.

P.A. Properties, which has a capitalization of PHP2.8 billion (as of September 2017) and sales of P3.08 billion (in 2016), acknowledges that partnering with Hankyu Realty in developing Idesia would not only help the Filipino real estate company grow its experience, expertise, and technology, but it will also help the company realize its advocacy of helping ease the more than 6 million housing backlog in the Philippines.

To know more about P.A. Properties, visit:
http://www.paproperties.com.ph/
https://www.facebook.com/papropertiesph/
https://twitter.com/papropertiesph

paproperties-information

HANKYU HANSHIN PROPERTIES CORP.

Hankyu Realty Logo

 

 

Founded in Osaka, Japan on February 17, 1947, Hankyu Realty Co., Ltd. of the Hankyu Hanshin Holdings has been known for creating attractive and picturesque developments along the railway lines, adhering to the original philosophy of “Open up a town, build dwellings, and cultivate livelihood.”

On April 1, 2018, Hankyu Hanshin Holdings Group consolidated the Hankyu Realty Co. Ltd. and the real estate business departments of both Hankyu Corporation and Hanshin Electric Railway Co., Ltd. to establish a new company, Hankyu Hanshin Properties Corp. The restructuring aims to integrate real estate business resources and know-how of Hankyu Hanshin Holdings Group to establish a framework using collective strengths in order to promote and accelerate the growth of real estate business to the extent possible.

As a core company which carries out the real estate business of Hankyu Hanshin Holdings Group, Hankyu Hanshin Properties Corp. will contribute in expanding the real estate business not only in Umeda and areas along Hankyu lines in Kansai, but also in Tokyo metropolitan area and foreign countries.

To know more about Hankyu Hanshin Properties Corp., visit http://www.hhp.co.jp/
To know more about Hankyu Hanshin Holdings, visit http://www.hankyu-hanshin.co.jp/en/

hankyu-information