IDC Chairman speaks at the APHF 5 satellite event in Manila

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During the recently conducted Asia Pacific Housing Forum 5 satellite event in Manila last 3-4 September, IDC Chairman and COO Architect Romolo Nati talked about “Experiences in Green Buildings” under this year’s APHF theme ‘Building Impact’ following four tracks—Building Leadership, Impacting Communities, Building Markets, and Impacting Society.

The Asia-Pacific Housing Forum is a biennial conference organized by Habitat for Humanity. This year, the Housing Forum’s fifth iteration, the main event was from 1-4 September in Hong Kong while the Philippines held its satellite event on 3-4 September. The forum brought together housing developers engaged in seeking solutions to low-income housing issues that make business and economic sense. It aimed to educate and advocate decent housing as a pivotal tool in eradicating the poverty cycle.

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IDC Chairman Arch. Romolo Nati with Arlene Ramirez, Habitat Philippines Marketing Officer at the APHF 5 satellite event in Manila.

Experiences in Green Buildings

Representing IDC is Arch. Romolo Nati, the chairman and COO of CDO’s premier sustainable condo development, Primavera Residences, who has been invited to the forum as a breakout session speaker. During his talk, he mentioned how nature is the solution to our current issues on the environment.

“There are patterns which can be found behind natural living structures. These processes, when studied and thoroughly examined, can be translated into architectural designs and sustainable solutions. This is known as biomimicry and it has long been in existence, but has simply been overloIoked amid all the new ways of doing things. Making nature as the basis of designing sustainable homes allows IDC to lower energy and resources consumption thereby reducing costs on electricity and water, among others,” Nati said.

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IDC believes that nature holds the answer to sustainable design. Taking a cue from Mother Nature herself, the company strives to develop self-sustaining, flood-free, and earthquake-resistant structures which are inspired by the beauty and functionality of nature. These green structures fuse human technology with the best that nature has to offer.

IDC partners with HFHP Pagatpat Housing Project

Last May 2013, Italpinas Development Corporation sealed a partnership with Habitat for Humanity Philippines (HFHP) in support of both organizations’ mission to bring people together to build homes, communities and hope.

“Our advocacies complement each other’s vision and mission of providing eco-friendly, sustainable and affordable houses,” Arch. Nati said.

With the signed MOA with HFHP, IDC supported Habitat’s “I Build” Campaign through a donation which funded a specific portion of Habitat’s socialized housing project in Pagatpat, Cagayan de Oro.

Primavera Developer sets P242-million IPO in 4th qtr

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Italpinas Development Corporation (IDC), the Italian-Filipino green property developer of Primavera Residences, sets its planned listing of P242-million initial public offering (IPO) on the Philippine Stock Exchange (PSE) on the last quarter of 2015.

Recently, IDC filed on August 28 an amended prospectus with the Securities and Exchange Commission (SEC). The company plans to raise P242 million from the offering of 57.622 million primary common shares to the public, priced at a maximum of P4.20 per share.

The number of shares to be sold, according to the prospectus, is equivalent to 26% of the company’s outstanding capital stock and 74% is under the names of the current shareholders.

Its major shareholders include Jose Leviste, Jr. (49.67%), Italian architect Romolo Nati (40%) and Jose Leviste III (4.76%).

IPO proceeds will finance Italpinas Development Corporation’s upcoming mixed-use sustainable development in Cagayan de Oro, Primavera City. After Primavera Residences, a new elegant high-rise and eco-friendly building in Cagayan de Oro offers the distinctive quality of living in an Italian-designed building with metropolitan standard development. Primavera City aims to be the landmark in sustainable developments as the combination of natural ventilation, solar energy, external louvers, water recycling, rain harvesting, and other green features exudes the exteriors and interiors of the property.

IDC will have a market capitalization of P930.8 million post-IPO from the current P480.68 million. Unicapital Inc. is appointed as the issue manager and sole underwriter of the transaction.

The expected net proceeds of P220.8 million after listing related expenses and taxes will supply the capital expenditures (capex) for new projects (P120.68 million); land banking acquisition (P47 million); retirement of existing loans (P20 million); and general working capital (P33.12 million). Proceeds of the IPO will be used in the fourth quarter of the year up to 2016.

Primavera Residences EDGE Certification

Recently, Autif Sayyed, Regional Green Building Specialist for the East Asia Pacific Region at International Finance Corporation (IFC), visited Primavera Residences to complete the stages of the building’s EDGE (Excellence in Design for Greater Efficiencies) certification as he recognized the building’s outstanding initiation and implementation of the green features.

EDGE is a new building resource efficiency system created for emerging markets, providing clients with technical solutions for going green and captures capital costs and projected operational savings.

“Primavera Residences near to completion” announced at International Leadership Conference in CdO

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Last August 15, 2015, a crowd of 500 gathered for the International Leadership Conference organized by Capitol University for their Executive Management Class of the Graduate School SY 2015-2016.

With the honorary presence of Filipino, American, Turkish, German and Italian lecturers and personalities, among which the Governor Vicente “Bambi” Emano who, during his speech, underlined his commitment to contintue to help Misamis Oriental grow in terms of Tourism and in terms of overall support to businesses  with needed infrastructure.

Mr. Lorens Ziller, IDC Director for Corporate Affairs, spoke on behalf of Italpinas Development Corporation (IDC), the developer of Primavera Residences in Uptown CdO and announced that the second building of Primavera Residences is near to completion underlining the strong commitment of the company to deliver results for its many investors.

Ziller, also Vice President of the Italian Chamber of Commerce in the Philippines held a speech about the “Challenges and Opportunities in International Trade and Business” in which he underlined the new opportunities for business and partnerships that the Philippines has with ASEAN with a brief on what we should learn from the European Union Integration process on how it happened and who benefited the most in the aftermath.

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He also spoke about the new GSP+ “tariff-zero” admission of the Philippines with the EU for a large variety of goods manufactured and produced in the country and how this benefits and cascades into different industries from logistics and banking to real estate.

In the end he spoke about the importance of international networking and the participation in associations or entities like the ICCPI (the Italian Chamber of Commerce in the Philippines) which promotes partnerships and cooperation between Filipino and Italian companies for import/export opportunities and cross-country investment.

The Italian Chamber, after the very successful “Aperitivo Italiano” networking events, is seeking new tie-ups with local chambers and plans to hold a series of similar events also in Mindanao and Visayas. On behalf of IDC he said that the exciting designer building should possibly be handed over within the next 60 days.

This proves the value behind this young development corporation who, apart from keeping up to the promise of his investors is also apparently preparing for public listing within the next few months increasing the returns for its own investors even further.

Explaining the success of this Filipino-Italian company citing Napoleon Hill he finished with: “The only limits are those created by our mind” meaning that, where there is a will to succeed even in difficult circumstances there is a way if we don’t allow our imagination to see our success, which gained him a large applause by the present crowd.

The conference underlined the commitment from several private and institutional parties that a successful and growing Misamis Oriental with and International mindset will benefit all classes of society and bring new jobs and opportunities into an already thriving business environment. Where education, business and institutions are cooperating harmoniously there is definitely a strategic advantage for all concerned parties and ultimately for the people and our next generations. (Lorens Ziller, Corporate Affairs Director)

World Green Building Council visits Oro Sustainable Development

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Photo from: http://www.vebidoo.com/

Last August 26, 2015, Mr. Autif Sayyed, a Green Building Specialist of World Green Building Council, visited Primavera Residences to meet with Engr. Aldwin Nilles and Ms. Melissa San Jose, general manager of Primavera Residences.

Mr. Sayyed visited the green building to complete the stages of Primavera Residences’ EDGE (Excellence in Design for Greater Efficiencies) certification. EDGE is a new building resource efficiency system created for emerging markets, providing clients with technical solutions for going green and captures capital costs and projected operational savings.

Autif Sayyed is the Regional Green Building Specialist for the East Asia Pacific Region at International Finance Corporation (IFC). He provides technical support to IFC’s green building programs in the emerging EAP countries, namely Indonesia, Philippines, Vietnam and China. His primary focus is on close cooperation with government counterparts and private sector stakeholders in order to initiate and implement green buildings regulatory changes. He also provides support to governments in the region on development of long term green building strategy, capacity building of building professionals and government officials and creating opportunities for funding green buildings.

Do you want to know more about Primavera Residences? Call us now at +63 917 794 2221 or (088) 880-5002.

Pueblo de Oro Golf Club official Golf Partner of Primavera Residences

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On August 18, 2015, Primavera recently established partnership with Pueblo de Oro Golf Club as the green condominium development’s official golf partner. Pueblo de Oro Golf is an 18 hole, par-72 championship golf course intricately designed by Architect Robert Trent Jones II International.

The golf course was inaugurated on May 5, 1998 by President Fidel Ramos and was heralded as one of the finest in the Philippines with a majestic driving range, clubhouse, and tee houses. Strategically placed sand bunkers and grass add to the variety of challenges in this course.

“Our partnership with Pueblo de Oro Golf Course is just one of the add-ons that we give our tenants. We aspire to always provide them with the best options and deals,” Melissa San Jose, IDC general manager, said.

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As the first eco-friendly property in Cagayan de Oro, Primavera Residences is a front-runner in promoting and supporting green advocacies and projects in the city. Also committed in sustainable properties, Primavera makes sure to fully support projects that stimulates environmental campaigns in the city.

Primavera Residences’ developer, Italpinas Development Corporation (IDC), won numerous local and international awards for its contemporary design with natural airflow through inner spaces, and architectural elements designed precisely for the location’s latitude to shade the building’s surface from the sun throughout the year. The project has been cited as one of Asia’s top 10 clean energy projects because of its capacity to help residents save as much as 32% on air-conditioning energy consumption.

Primavera Serviced Residences offers long and short term stay

The 10-storey condominium property in uptown Cagayan de Oro offers serviced apartments with hotel-like services that are a less expensive and homier option for visiting businessmen and travelers and golfers.

All the units for rent are fully fitted with kitchen, cable TV, refrigerator, and air conditioning. Amenities include a green inner courtyard for natural lighting and ventilation, 24-7 security, CCTV, indoor pool, gym, function hall, laundry station, and twin elevators. Located in the booming business and commercial area in uptown Cagayan de Oro, it is just walking distance to SM City CdO, and easily accessible to public transportation, and Pueblo de Oro Golf Course.

“This coming August 27-30, Pueblo de Oro Golf is holding a tournament. I’m inviting all golfers to join the event and experience “Higalaay”. As you join this prestigious gold tournament, make Primavera Residences your home as we have prepared exciting promos just for you,” San Jose concluded.

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To know more about Primavera Residences and its partners, you may reach them at (088) 880-5002, (+63) 917 864 4061, or email them at leasing.pso@italpinas.com. You can also access their website at www.primaveraresidences.com.

Italpinas accepts Special Award in Real Estate Dev’t at the 4th Mindanao Business Leaders Awards

Last July 25, BusinessWeek Mindanao, together with its sister publications, awarded 10 business individuals and organizations and 15 special citations to establishments and personalities at the 4th Mindanao Business Leaders and Entrepreneurs Awards.

For the fourth time, BusinessWeek Mindanao consistently gave recognition to the most deserved magnates that have massively contributed to the economic development of Mindanao.

One of the 13 special citations is Primavera Residences for being the Best Leader in Real Estate Development for Green Condominium.

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“It was an honor to receive the award on behalf of the people behind the success of this development. We share this award with fellow Kagay-anons as we provide them an eco-friendly place to live in,” Cesar Stefan Rago, Italpinas’ Public Relations and Marketing Officer, said.

The following were the awardees – Mega Entrepreneur Jose Alvarez, Darling Foods Corporation (Food Production and Marketing), Ecoverde Homes (Housing and Realty Development), MASS-SPECC Coop Development Center (Cooperatives), N Hotel (Hotel Industry), Thai Me Up (Outstanding Franchisee), Botoy’s Lechon Manok (Outstanding Franchisor), Apple Tree Resort & Hotel (Resort and Entertainment), Gama Foods Corporation (Agro-Industry Leader) and Vjandep (Micro Entrepreneur).

Special citations were given to the following: Tieza general manager Mark Lapid (Outstanding Tourism Leadership), DOT 10 director Catalino Chan III (Tourism Promotion), Apple Tree Resort & Hotel (Tourism Development), RR Family Spring Resort (Outstanding Tourism Destination), jointly the city government of Tangub and the municipal government of Maramag, Bukidnon (Outstanding LGU in Tourism Development), the city government of Ozamiz (Outstanding LGU in Economic Enterprise Development), Mimi Parrel-Pimentel (Outstanding in Fashion Industry), jointly the provincial governments of Bukidnon and Misamis Oriental (Outstanding LGU Healthcare Program), jointly Paglaum Multi-purpose Cooperative and NARCICO of Compostela Valley (Cooperative Development), Holcim (Social Responsibility Program), Johndorf Ventures Corporation (Housing Industry Development), Primavera Residences (Green Condominium), MCDC and Ecoverde Homes (Socialized Housing) and Tesda Misamis Oriental provincial director Leo Velez (Business and Industry Integrator).

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“Entrepreneurs go through the process of having business plans, acquiring human and other required resources, and are fully responsible for their success or failure. One of the reasons we have the Mindanao Business Leaders and Entrepreneurs Awards, which is on its fourth year now, is because we are with you — businessmen and entrepreneurs — all through these years, and we celebrate in every step you make to success. Let me and BusinessWeek lead you exactly there.” Sudaria said.

IDC’s premier project in Cagayan de Oro – Primavera Residences, a green, mixed-use development – was built to serve the city’s increasing demand for affordable housing with sustainability in mind. It was awarded this year as the Best Mixed-Use Development in the Philippines by the Asia Pacific Property Awards.

To know more about Primavera Residences, you may visit www.primaveraresidences.com or call 088-880-5002.

CAGATRANSCO official transport partner of Primavera Residences

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Last June 16, 2015, Primavera Residences recently established partnership with Cagayan de Oro Transportation Cooperative (CAGATRANSCO) in giving Primavera’s short- and long-term clients easier accessibility to anywhere in the city.

“Cagatransco’s commitment in serving its clients truly fits Primavera’s clientele. This is also an added benefit to all our clients in traveling all over the city with a safe and secured transport service,” Melissa San Jose, ITPI General Manager, said.

Cagatransco has three booths in the city located at SM City Cagayan de Oro terminal, Agora terminal and, Laguindingan Airport. The cooperative has been in the service for several years and has helped many professional drivers. Not only that they aim to serve the tourists and Kagay-anons, but also those drivers who need assistance and are invited to be part of the community.

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Long-term and short-term condo rental

Primavera Residences, a 10-storey condominium property in uptown Cagayan de Oro, offers serviced apartments with hotel-like services that are a less expensive and homier option for visiting businessmen and travelers.

All the units for rent are fully fitted with kitchen, cable TV, refrigerator, and air conditioning. Amenities include a green inner courtyard for natural lighting and ventilation, 24-7 security, CCTV, indoor pool, gym, function hall, laundry station, and twin elevators. Located in the booming business and commercial area in uptown Cagayan de Oro, it is just walking distance to SM City CdO, and easily accessible to public transportation, and near a world-class golf course.

“Because we are near life’s important places (mall, schools, world-class golf course, etc.), Primavera Residences is the perfect choice for those who want to relax and live in a modern accommodation fitted with comfortable amenities. Whether visiting Cagayan de Oro for business or pleasure, Primavera is an ideal place to stay,” Ly-ann Magallanes, ITPI Leasing Officer, said.

Primavera Residences is owned and developed by Italpinas Euroasian Design and Eco-Development Corporation (ITPI). Its eco-friendly features include cantilevers that protect the units from direct sunlight and an indoor courtyard that maximizes the natural ventilation in the area. The twin towers will soon be fitted with photovoltaic solar panels that will generate power for the common areas. Because of its green features, it won in the 2014-2015 Asia Pacific Property Awards held in Kuala Lumpur for Best Mixed-Use Development in the Philippines.

“I would like to invite everybody to try out Primavera Serviced Residences and experience the authentic Italian-designed space. You may also enjoy breathtaking views of the spectacular CdO sunset and Macajalar Bay,” San Jose concluded.

To know more about Primavera Residences and its partners, you may reach them at (088) 880-5002, (+63) 917 864 4061, or email them at leasing.pso@italpinas.com. You can also access their website at www.primaveraresidences.com.

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On The Manila Times: Primavera Developer Italpinas Sets P242-M IPO

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The Italian-Filipino sustainable property developer, Italpinas Euroasian Design and Eco-development Corporation (ITPI), is set to launch an initial public offering (IPO) this year to raise P242 million for its new and ongoing integrated development projects.

Obtained by the Manila Times on Tuesday, in a filing with the Securities and Exchange Commission (SEC), Italpinas said that it will be offering 57.622 million primary common shares, priced at a maximum of P4.20 per share.

The final offer price will be determined on July 21, and the offer period will run from July 27 to 31. The company expects to list on the Small, Medium and Emerging Board of the Philippine Stock Exchange (PSE) on August 10.

Read more of the story here.

PAF-TOG 10, CLENRO Highlight Importance of Mangroves, Italpinas Joins Ocean Month Celebration

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Last Saturday, May 9, the Philippine Air Force-Tactical Operations Group 10, together with several groups in the city, led the mangrove planting activity in Zone 8, Bulua, CdO. Italpinas and other green advocates come together as they planted 5000 mangrove seedlings around the shoreline. PAF-TOG 10 partnered with several groups namely SPOW EOD-K9, 8th ARCEN, 71st AFRG, CRSAFP, 4ID, PA, 10th FAB, ACDI-CDO, FABSLAI, AFPMBAI, JCI Kagayhaan, DepEd, REACT, KAMAU 4H-Opol, CLENRO, and Bulua Barangay Council.

With the theme, “Stand Up Save the Reefs”, the Ocean Month Celebration paves the way to highlight the importance of mangroves in the city.

“This is part of rehabilitating our very own Iponan River. Through planting mangroves around its vicinity, we can secure food for our farmers and fisher folks. Mangroves are our aquatic life’s nursery. We are not just saving the ocean, we are saving lives,” Edwin Dael, CLENRO-OIC, said.

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On October 11, 2014 and February 7, 2015, Italpinas joined CLENRO and PAF-TOG 10 in the same activity at the coastal area in Bonbon, CdO. It was supported by schools, green advocates and some residents in the said barangay.

“To be part of a sustainable development and joining the city’s thrust to promote environmental advocacies is not just rewarding but also a testimony that Cagayan de Oro’s progress still goes hand in hand with nature. The mangrove planting activity was fun and fulfilling at the same time. Waking up early for a satisfying reason is truly worth it,” Gisselle Mantilla, ITPI Admin Officer, said.

Developed by Italpinas Euroasian Design and Eco-development Corporation (ITPI), Primavera Residences has been actively promoting green advocacies in the city and has won numerous local and international awards for its eco-friendly architecture. Featuring the best principles of passive cooling technology: shadow and sunlight control, wind cooling and shape performance, the project has been cited as one of Asia’s top 10 clean energy projects because of its capacity to help residents save as much as 32% on overall energy consumption.

Daniel Alcazar and Aldwin Ranario, Primavera’s sales associates said that their experience was way beyond all worldly things could give, it is more to saving what’s left and planting more to save the environment.

“During the storm surge, these mangroves helped lessen the damage. Together, we can collectively get resources and could help rebuild the city. Let’s all stand up and save our reefs,” Dael concluded.

Do you want to know more about Primavera Residences and its advocacies? You may call 0917 794 2221 or (088) 880-5002. You can also visit their website by clicking here.

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A Round Up of April News and Events at Primavera

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It’s getting even hotter this summer!

As we welcome the second month of adventure and fun, Primavera Residences celebrates with you as we offer more enticing news and events, and promos for you and your loved ones. April has been a fruitful month for Primavera, bringing with it more opportunities to reach out to the larger communities, and offering exciting promos to the market

As a pioneering condominium development in Northern Mindanao, it is our pleasure to present to you the news and events we had last April.

  1. Primavera launches limited offer to buyers: Free Modular Kitchen

It’s back for a limited period! This month, due to public demand, Primavera Residences is offering buyers a FREE modular kitchen and installation worth up to P100,000 for reservations made from April 1 to April 30, 2015.

In a regular package, buyers get unfurnished units with inclusions of tile floorings, painted walls and ceilings, fitted kitchen sinks, bathroom fixtures, electrical wirings and outlets. However, this limited promo offer gives buyers a chance to earn savings of up to P100K with a FREE set of Kitchen Modular Cabinet and its installation.

This promo appeared in several papers in the city.

 

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  1. Tower 2 Construction Updates as of April 2015

As of April 8, 2015, Primavera Residences Tower 2 is nearing its completion. Currently, the second tower of Primavera Residences has already reached 90% of its construction.

This news appeared to cdodev.com, one of CDO’s online development news outlet.

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  1. Primavera Residences to host Free Live Broadcast of Pacquiao-Mayweather fight

This May 3, Primavera Residences together with Primavera Residences Condominium Corporation (PRCC) will be offering free live broadcast of the Pacquiao-Mayweather fight at the La Rondine Hall of Primavera Residences.

This free viewing event was featured in various online and print news outlets in the city.

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  1. Italpinas promotes sustainable growth in country’s property sector

As Manila’s overcrowded property market crests in the wake of a booming economy in the Philippines, Italpinas Euroasian Design and Eco-development Corporation (ITPI) paves the way in sustainable real estate development towards the country’s next economic frontiers. The dynamic company offers foreign investors a strategic inroad to the country’s unrecognized yet hyper-prospective second-tier cities and regions.

This news was featured in South China Morning Post International.

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  1. Primavera Launches Credit Card Facility for Rental Payments

As an added option for easier and secured payments for clients, Primavera Residences launches their credit card payment facility with BPI. Starting April 29, 2015, rental payments for short-term or long-term stay can be made through the credit card equipment.

This exciting news has been featured in different local papers in the city.

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