Primavera Residences Investment Sale is Back!

Posted by pradmin on April 15, 2017 with 0 Comment

Due to market demand, Primavera Residences, the first condominium and green building in Cagayan de Oro City, is glad to announce that the Investment Sale promo is back with a new edition.

April buyers must avail of the ULTIMATE INVESTMENT MADNESS V2.0 to enjoy Kitchen Showcase, Free Property Management Contract with Damiani Property Management and Services, Inc. (DPMSi), and a 12-month downpayment holiday.

“It is the best month of the year to invest as Primavera offers reasonable deals for their April investors and buyers. The promo is valid until April only. It’s definitely the right time to invest!” said Gladys Echano, IDC Sales Director.

About Damiani

Italpinas Development Corporation (IDC), the multi-awarded builder in Cagayan de Oro, is partnered with an Italian-Filipino leasing company, Damiani Property Management and Services, Inc. (DPMSi). This partnership makes IDC’s projects like Primavera Residences a practical investment for you. Experience a hassle-free investment with Damiani’s professional skills in property management and leasing services.

About Primavera Residences

Primavera Residences, the country’s multi-awarded green mixed-use development, provides you with a sustainable and peaceful living experience that guarantees to make your life easier and comfortable. As it is situated in the heart of the city, you have easy access to nearby places such as SM City, schools, convenience stores, churches, world-class golf course, banks, among others.

Its 10-storey twin tower building is located at Pueblo de Oro Business Park offering residential, commercial and office spaces for sale and for rent. You can choose from one-bedroom and two-bedroom units – all ready for occupancy.

About IDC

Italpinas Development Corporation (IDC) is a publicly listed green developer that is recognized in the national and global arena for its commitment to green living and architectural design. It was among the winners in the prestigious Asia Pacific Property Awards in the 2014 Asia Pacific regional competition as the Best Mixed-Use Development in the Philippines. It has been awarded also as the Best Condo Development in the Philippines in 2011 (Southeast Asia Property Awards) and a finalist in the Most Promising Energy Investment Opportunity of the Year (CTI PFAN Philippines Clean Energy Investor Forum). Primavera Residences was also given the distinction as the First Completed Condominium Project in East Asia to be given the EDGE (Excellence in Design For Greater Efficiencies) Certificate, awarded by IFC World Bank.

INVEST NOW! Call us at 917-792-1078 or (088) 880-5002 or visit www.primaveraresidences.com.

Philippines’ Economic Growth from 2012-2015

Posted by Primavera Residences on February 2, 2016

Estimated economic expansion of 6.8 percent in 2012.

Estimated economic expansion of 7.2 percent in 2013.

Estimated economic expansion of 6.1 percent in 2014.

Estimated economic expansion of 6.7 percent in 2015.

For more information, click here.

Italpinas joins PAFTOG 10-led Tree Planting Activity in Indahag

Posted by Stefan on September 30, 2015

Italpinas Development Corporation’s (IDC) premier green property in Northern Mindanao, Primavera Residences, has recently partnered with the Philippine Air Force Tactical Operations Group 10 (PAF-TOG 10) in their aim to conserve the environment through a tree planting activity in Sitio Calacapan, Brgy. Indahag last 26 September 2015.

“As leaders to sustainable developments, it is our promise to the people that we continue to build and rebuild communities through being frontrunners and supporters to the city’s environment advocacies. Through these activities, we can bring people together in attaining our goals in ensuring environmental sustainability,” Cesar Stefan Rago, IDC’s Public Relations and Marketing Officer, declared.

Supported by different schools, colleges, universities, government and private offices, PAF-TOG 10 has successfully planted 1000 assorted seedlings as reinforcement to the National Greening Program of the government to increase the awareness of the civilian populace in sustaining the environment through activities like this.

“It is our delight to continue conducting tree planting activities to showcase/highlight PAF’s continuous support to the different programs of other agencies to help preserve the environment which, in a way, supports the AFP Internal Peace and Security Plan’s (IPSP) ‘Bayanihan’,” Lt. Col. Leo A Fontanilla, PAF (GSC) Group Commander, said.

Italpinas Development Corporation has been in the forefront of sustainable developments and passive green architecture. IDC has won numerous local and international awards for its high-performance design—featuring the best principles of passive cooling technology: shadow and sunlight control, wind cooling and shape performance. Its flagship development, Primavera Residences in Cagayan de Oro, 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.

Built in 2012, the multi-awarded building is located in a master-planned community in uptown Cagayan de Oro. It has been effectively on the lead in promoting green advocacies in the city.

Photos:

Focus Fixed on CDO as Primavera Goes Public

Posted by Stefan on September 22, 2015

Italpinas Development Corporation (IDC), the company behind Cagayan de Oro real estate project Primavera is set for an initial public offering (IPO) in the coming weeks.

The IPO is ground-breaking in many ways. To begin with, IDC has staked its future on a road not often taken, embarking on its flagship venture Primavera in Cagayan de Oro and following it up by announcing an even more ambitious multi-function development around it, Primavera City. The company is also favoring a focus on sustainable design – again, a not too common tack among local real estate developers. In what must be a first in the industry, IDC is unmistakably mestizo, rooted in a partnership between Italian architect and designer Romolo Valentino Nati, and Filipino-born, Sydney-educated lawyer Jojo Leviste.

With the foundations of its future fixed firmly on the City of Golden Friendship, the IDC IPO will likely be viewed as a barometer of investor confidence in Mindanao, in general; and in Cagayan de Oro, in particular.

Of course, it will also be seen as a vote on IDC’s seemingly counter-intuitive and potentially disruptive business model: target the up-and-coming cities, instead of the already established ones; and offer them elegant yet accessible eco-friendly buildings in safe locations.

To Nati and Leviste though, just getting to the IPO stage is already a victory in itself.

Nati reveals that before Primavera even broke ground, many were discouraging them from doing their debut development in Cagayan de Oro, questioning the location, the market and its readiness.

But Leviste happily points out that the doubters have since been proven wrong. Units at the first condo tower in Primavera were snapped up predominantly by local residents and by overseas Kagay-anons, putting to rest the notion that the market was not ready for condo living and high-rises.

The company’s emphasis on design has also reaped rewards, including Best Mixed-Use Development in the Philippines at last year’s International Property Awards in Kuala Lumpur, Highly Commended Condo Development from the Southeast Asia Property Awards in Singapore, and a Special Energy Award at the Design Against the Elements Competition in Quezon City.

Going public will mean many things to the different stakeholders in the future of IDC. For the company, the fresh funding will fuel the development of Primavera City, which it forecasts will fast-track the arrival of locators to the Uptown business district. For Cagayan de Oro, the spotlight on IDC will showcase how the city is both investor-friendly and investment-worthy. For the whole of Mindanao, the listing can only bolster confidence in much-anticipated growth led by its Northern gateway.

The investor vote on the trail blazed by IDC is crucial. A yes will ensure not only the development of what will likely be a new landmark for Cagayan de Oro, but the construction of what could be a catalyst to bring in long-awaited locators. A yes will also be a validation of IDC’s deeply-held belief that the future of the Philippines – perhaps even of the rest of ASEAN – lies in designing emerging cities, to make a difference.

Primavera Developer sets P242-million IPO in 4th qtr

Posted by Stefan on September 14, 2015

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.

Tips to Make Mother’s Day Even More Special

Posted by Stefan on May 10, 2015

Mother’s Day is a celebration of all mothers and of the everlasting bond they share with their children. It is the time where we stress our recognition for our mothers’ selfless love. We always wish to do everything to express the depth of our feeling for our mothers and one way of doing is by adding a personal touch to the gifts you prepared for her.

This Mother’s Day, there are gift ideas that are a definitive solution to a successful celebration. Here are some ideas that are sure to inspire family members to make their mom even more special.

Scrapbook

One of the most creative and thoughtful gifts is a scrapbook. It is also an unusual yet practical Mother’s Day gifts. It all depends on the ideas that one brings the basic concept of scrap booking. The first step in making a scrapbook for your mother is deciding on a theme. Once that is decided, the next step is arranging for the materials that would go in to making this idea a success. These are, in no particular order, photographs, thoughts, poems or anecdotes, decorative things like glitter, colored paper and the album or frame in which the scrapbook would take shape.

Homemade Candles

Discover the artist in you to make homemade candles or decorate store-bought candles for a really beautiful gift on Mother’s Day. The decorations include adding other accessories to the candles, or beautifying them with embellishments or spray painting the candles and so on. The hand crafted gift of candles will take a center stage among all other decoratives in your home.

Hand-designed Pillow

You and your mother are sure to reminisce this Mother’s Day for a long time to come. You can do that by dressing up a pillow with a picture of you and/or your mom or painting it with a picturesque design or adding lace and ribbons to it. Let your creative juices flow and the result would be a happy mother and a very happy you.

Bake a Cake

Bake a delicious cake for her on Mother’s Day. Make sure to decorate it nicely and write your message on it. Organize a Mother’s Day party or get-together for her. This can be done easily with a little planning and effort. You can prepare the meal or take someone’s help in doing so. Be careful about the atmosphere as much as the food and the setting.

Primavera Residences, a multi-awarded sustainable building in Cagayan de Oro, wishes all mothers the love and happiness in this world. May your hearts be filled with joy and selflessness as you celebrate this special day with your family.

Happy Mother’s Day!

Do you want to know more about Primavera Residences? Click here.

Italpinas CEO speaks at FIABCI Asia Pacific Regional Secretariat Summit

Posted by Stefan on May 8, 2015

Italpinas CEO and executive chairman Arch. Romolo V. Nati was chosen to speak at the 19^th Fédération Internationale des Administrateurs de Biens Conseils Immobiliers (FIABCI) Asia Pacific Regional Secretariat Summit held recently at the Marriott Hotel Manila last April 17, 2015.

With the theme “Cities of the Future: Asia Pacific”, FIABCI-Philippines brought together international and prominent speakers in a program filled with timely information pertaining to global real estate.

Speaking before members of the FIABCI community across Asia, Nati talked about the importance of sustainable design in the midst of climate change and the problems plaguing many homeowners in the Philippines. In the real estate industry today, energy efficiency efforts are now becoming an essential component in property developments.

“With both a housing deficit and a power shortage problem prevalent in the country, it just makes sense that the future of design is in sustainability. We need buildings that not only look good, but also function well to help alleviate those two problems. This is why green design is important,” stated Nati.

Nati also explained one of the biggest misconceptions people have about eco-friendly structures being expensive. “A lot of people don’t realize that green, sustainable design can be done without the staggering costs. We at ITPI practice what is called passive green design, meaning rather than use expensive equipment to make a structure green, we incorporate design elements to help, say, lower the cost of energy,” he explained. “This way we can make the units affordable for the middle class,” he added.

Primavera Residences, ITPI’s flagship development, is a primary example for sustainable development. The 10-storey mid-rise twin tower is a winner of the 2014 Asia Pacific Property Award for Best Mixed-Use Development in the Philippines. Located in Pueblo de Oro Township in CdO, Primavera Residences is modeled after an anthill with a hollow column in the middle of each tower allowing air to enter and circulate, creating a chimney effect that helps cool down the building, lowering air conditioning and electricity costs.

“Power is one of the key issues in Mindanao, so it just made sense, especially in that area, to have energy-saving features. This can be seen as a benchmark for energy-efficiency. If we can do it in Cagayan de Oro, we can do it for the rest of the country,” Arch. Nati emphasized.

Primavera Residences’ Tower 1 has been completed while its Tower 2 is 90% complete.

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

South China Morning Post features ITPI Executives

Posted by Stefan on April 24, 2015

In the spotlight of today’s issue of South China Morning Post (SCMP) is a feature story on Italpinas Euroasian Design and Eco-Development Corporation (ITPI) and the company’s passion for sustainable developments in second-tier cities and regions in the Philippines.

Discovery Reports, together with SCMP, reports on ITPI’s efforts in offering investors a strategic inroad to the unrecognized yet hyper-prospective secondary places in the Philippines.

“We engage ourselves in secondary cities because we have seen that the big opportunities are now outside Metro Manila,” says Romolo Nati, ITPI’s chairman and architect. “There are more than 7,000 islands in this country, and hundreds of thriving cities that need sustainable mixed-use development.”

ITPI is an Italian-Filipino company that designs and develops sustainable property developments nationwide and Primavera Residences, its flagship development in Cagayan de Oro, recently won in the 2014 Asia Pacific Property Awards in Kuala Lumpur, Malaysia.

Fusing Italian design and Filipino culture, ITPI creates high performance properties while protecting the natural environment. Taking inspiration from nature and cultural and social conditions, and integrating this into architectural design, the company brings an unprecedented philosophy to Philippine real estate.

“Environmentally friendly living must not be made expensive,” says Jojo Leviste, ITPI’s president. “If a building is designed to perform, then natural elements at its location can deliver results that would otherwise consume energy such as simultaneous cooling, lighting and ventilation.” The company’s first project, the Primavera Residences in Cagayan de Oro, attests to this.

Primavera Residences reduces energy consumption and living costs with solar panels, strategic channeling of natural airflow, and shading features that are designed according to the sun’s paths at the building’s precise latitude. Targeting the country’s rising middle class, most of the development’s units cost less than US$100,000.

ITPI is aiming to expand in Northern Luzon, Batangas, and the Visayas. The company is also working on its initial public offering (IPO) in a bid to attract foreign investor interested in the Philippines. “We want to be recognized for staying true to our values and to the passion the moved us from the very beginning,” Nati says. “We are proof that a company can do good while still being profitable,” he continued.

Do you want to know more about the multi-awarded development, Primavera Residences? You can call 088-880-5002 and 0917 794 2221 or visit our website here.

Misamis Oriental: The Home of Eco-adventure Destinations

Posted by Stefan on April 14, 2015

When it comes to beaches, springs, adventure parks, and a whole lot of escapades, Mindanao, the second largest chunk in the Philippine Archipelago, is the haven you’ve been looking for. One of its provinces is endowed with scenic places and natural wonders and Misamis Oriental is probably the best eco-adventure destination in the Philippines.

The province of Misamis Oriental is undeniably one of the right places to be for those who are after some adventure with nature. It is rich in natural resources, both underwater and on land, and it’s also the gateway to the entirety of Mindanao.

The breathtaking sunsets at the Agutayan Island in Jasaan, the underwater spring at Duka Bay Resort in Medina, the amazing land and underwater activities in The Mantangale Alibuag Dive Resort in Balingoan, are just some of the great jump-off points to more than a dozen adventure and diving sites. Misamis Oriental is home to terrific swim and snorkel spots. Good coral growth and strong currents make the waters of Misamis Oriental the ideal habitat for an array of plant and animal marine life.

If you’re also into trekking and some land adventure, there are centuries-old trees at the Lasang Secret Adventure Eco-Tourism Park and breathe some fresh air while learning about the tribal cultures of Mindanao at the Gardens of Malasag Eco-Tourism Village.

Misamis Oriental is also a special place for Catholic pilgrims. The Divine Mercy Shrine, located in El Salvador City, has a 50-ft statue of Jesus as the Divine Mercy. Also, Our Lady of Guadalupe Shrine in Cagayan de Oro City lets you cross 9 rivers to get there.

Dubbed as the “adventure capital” in the Philippines, Cagayan de Oro City also offers the thrill of escapades and adventures.

Do you need a place to stay for your Cagayan de Oro vacation? Check out the units for rent at Primavera Residences! You can choose between sunrise or sunset view from your very own picture-perfect balcony and window for a thoroughly relaxing vacation. For more information, click here or contact 0917 794 2221 or (088) 880 5002.

10 Ways to be Eco-friendly this Summer

Posted by Stefan on April 10, 2015

Oh hello there, Summer! This is the season where most of us go for a vacation, rest at home, watch movies, go trekking, and seek for more adventure and fun. However, no matter how extravagant or economical we want our summer to be, there will always be ways on how to make this season a little more eco-friendly.

Here we go:

Use natural lighting. Why use unnecessary light in your house or workplace when all you need to do is open your windows or blinds during the day?
Get indoor plants to purify the air you’re breathing inside your home. Aside from it will liven up your home, indoor plants fight indoor pollution which is often worse than most of us realize.
Start your own backyard garden. It’s time to grow some fresh fruits and vegetables. They are organic and they also taste better. By growing your own organic food, you can save your car’s gasoline and money as well.
Eat at home. Get away from processed food and start making more meals at home. It’s cheaper and better for you too.
Walk or use your bike. Many people don’t consider this as an option, but think how much you used to walk around when you were younger. Those feet are made for walking. You can save the world as you can save yourself too.
But if you need to do any driving, slow down a little. Not only that it will help lessen your fuel consumption, it will also help you enjoy your driving time. When idling, better turn off your car for it saves gas and harmful emissions.
When planning for a staycation, make the simple change in doing all your energy-heavy chores at night. Do your laundry, vacuuming, and drying at night for these cut your energy bill and prevent your home from heating up during daytime.
Drink just enough. Your body needs water to stay healthy and hydrated. Don’t waste it though. Water can also be used to water plants, give to your pets, etc. Just be aware of what you are doing and you will probably save quite a bit.
When your appliances and gadgets are not in use, better unplug it and reconnect with your family. Since you’re unplugging, better go out, and explore the world.
Have a potluck get-together. Invite family and friends over for a picnic or backyard party. Ask them each to bring a specific food item (in a reusable container) along with their own dinnerware, cups, etc. This way you’ll have a great mix of foods and drinks. Plus, there will be very little clean up or waste afterward.

There you have it. How’s these for summer, huh?

Primavera Residences, the premier eco-friendly development in Cagayan de Oro City, regularly shares green tips for our readers. Do you want to know more about it? Click here.

Tag: sustainable property development