Using performance-based design software to calculate sunlight angles, analyze wind analysis and compute selective daylight internal computation for spatial planning optimization. This is how ITPI Corp. (ItalPinas Euroasian Design and Eco-Development) does it.
On Sun Star: BPI grants P180-M to green development loan of Primavera residences
A RESIDENTIAL and condominium developer sees brighter prospects as lending institutions showed confidence to finance the construction of its expansion projects.
The Bank of the Philippine Islands (BPI) Family Bank recently granted P180 million green development loan to Italpinas EuroAsian Design and Eco-Development Corporation to partially finance the construction of its Primavera Residences Tower 2.
BPI which advances its Sustainable Energy Finance (SEF) by continuing to support the energy investments of its clients. In collaboration with International Finance Corporation (IFC), the four-year old innovative financing approach funds various efficient and renewable technologies all over the country.
Read the story here.
– Butch D. Enerio
Featured in Sun Star, 22 October 2013
On Business Week Mindanao: Primavera Residences Tower B gets BOI approval
The Board of Investments (BOI) recently gave ITPI the approval for registration under the 2012 Investment Priorities Plan (IPP) for Tower B of Primavera Residences, the first eco-friendly and multi-awarded condominium in Cagayan de Oro city.
THE Board of Investments (BOI) recently gave ITALPINAS Euroasian Design and Eco-Development Corporation (ITPI) the approval for registration under the 2012 Investment Priorities Plan (IPP) for Tower B of Primavera Residences, the first eco-friendly and self-sustaining condominium in Cagayan de Oro city. The first tower of Primavera Residences has already been registered with the BOI, which was approved on April 12, 2012.
The Italian-designed Primavera Residences is composed of two 10-storey towers located in the masterfully planned Pueblo de Oro Business Park in uptown Cagayan de Oro City. Tower A, whose occupancy permit for unit acceptance was given on September 12, 2012, has a capacity of 162 residential and commercial units, ninety percent of which are already sold, while the rest are already being rented out.
“Being the first green building in CdO is really a great advantage,” says Arch. Romolo V. Nati, Chairman and CEO of ITPI. “We are setting the trend here in the most competitive city in the Philippines. We also purposely selected to put our project in uptown Cagayan de Oro because of its good urban planning, better air quality and higher land area – 110 meters above sea level – making it practically a flood-free zone,” adds the Italian architect.
Read more here.
BusinessWeek Mindanao: 22 August 2013
Ciao, and till next time!
On Business Week Mindanao: Primavera condos are now available for short,long stays
OF all the factors travelers in the Philippines consider when choosing a place to stay, location is usually the most important one to consider.
Which makes Primavera Residences a top choice for the discerning traveler to Cagayan de Oro City.
Conveniently located at the Pueblo de Oro Business Park in Uptown Cagayan de Oro, it’s but a short walk to SM City and a short drive to the city’s premier sporting venues, the Pueblo de Oro Golf and Country Club and Xavier Sports and Country Club.
Read the story here.
– wbm
Featured in Business Week Mindanao, 15 July 2013
On Kagay-an: Italpinas reiterates offer to new city admin
Misamis Oriental Gov. Oscar S. Moreno cuts the ceremonial ribbon for the grand launch of Primavera Tower A, with the assistance of (lL-R) Non-Exective Chairman Jose P. Leviste, Jr., Italpinas; Engr. Syntax B. Manuta, VP-Ops, AVP Trading & Construction; Arch. Romolo V. Nati, Chairman and CEO, Italpinas and Pueblo de Oro Dev. Corp. President Rommel M. Leuterio. Mr. Moreno was recently elected Mayor of Cagayan de Oro City.
The builders of Cagayan de Oro’s first true green building recently assured the incoming administration of Mayor Oscar S. Moreno its offer to extend its services for free to the city’s plan to provide incentives for the construction of green buildings in Cagayan de Oro City still stands.
“We agree perfectly with the City Council on Environment and Natural Resources’ view that incentives would better serve to encourage the construction of eco-friendly buildings in the city rather than penalties,” said Architect Romolo V. Nati, chairman and CEO of Italpinas Euroasian Design and Eco-Development Corporation.
“We also wholeheartedly support the initiative of Architect Galua and Engineer Albina to set local green building standards which would encourage natural ventilation and reduce energy consumption,” he added.
Italpinas is the designer and builder of Cagayan de Oro City’s first real green building, the Primavera Residences at the Pueblo de Oro Business Park.
Earlier, the firm wrote to Councilor President D. Elipe, chairman of the said committee, through City Building Official Isidro Obligado (as chairman of the technical working group) offering its services for free as consultants in the study to set parameters for the granting of incentives for the proposed ordinance.
“We believe our track record in the design and construction of Primavera Residences would serve the TWG and your committee in good stead as it endeavors to lead the way for a more eco-friendly city,” the letter said.
Italpinas has already been cited three times internationally:
· As one of the most promising clean energy investment opportunities in the Philippines by the Climate Technology Initiative- Private Financing Advisory Networks (CTI-PFAN) Asia Forum for Clean Energy Financing during the 2nd annual Philippines Clean Energy Investor Forum held in Manila in 2011 (for Primavera Residences);
· as one of the Best Condo Developments in the Philippines by the South East Asia Property Awards in 2011 (for Primavera Residences) in Singapore;
· and, most recently, as one of the top 10 and only entry from the Philippines which made it to the finals of the CTI PFAN Asia Forum for Clean Energy Financing (AFCEF-3) Business Plan Competition held February 22, 2013 in Singapore (for a new project).
Mr. Nati has a graduate degree in Architecture in Design from The University of Rome La Sapienza where he was graduated summa cum laude. He taught Green Architecture at the La Sapienza Faculty of Architecture and Master in Urban Landscape and Layers at the University of Tallin, Estonia Faculty of Architecture.
– by Mike Banos
Read the rest of the story here.
Featured in Kagay-an, 2 Jun 2013
On Gold Star Daily: Italpinas plan cited among Asia’s top nexgen clean energy projects
A new project by the designers and developers of Cagayan de Oro City’s first eco-friendly building has been cited as one of the top 10 clean energy projects that could reduce greenhouse gas emissions across Asia annually by nearly 1.1 million tons.
Italpinas Euroasian Design and Eco-Development Corporation’s new project was among those presented to investors at the CTI-PFAN Asia Forum for Clean Energy Financing (AFCEF-3) held February 22 at Singapore.
“We are very happy to be recognized among Asia’s elite clean energy projects for the next generation,” said Architect Romolo Valentino Nati, Italpinas chairman and chief executive officer, upon receiving the citation for Italpinas new project which officially finished fourth in the final ranking.
Over 100 financiers, clean energy experts and representatives of financial institutions from across Asia and overseas participated in the Forum. The meeting was organized by the Climate Technology Initiative’s Private Financing Advisory Network (CTI PFAN), a global multilateral initiative dedicated to connecting clean energy businesses with financing and “bridging the gap” between clean energy project developers and investors.
Read the full article here.
Featured by Gold Star Daily, 12 March 2013
On Business World: Cagayan de Oro Development gets ‘green’ loan
Italpinas EuroAsian Design and Eco-Development Corp. has received a P180 million “green” development loan to partially finance the construction of its Primavera Residences Tower 2.
The loan agreement was signed in January by Romolo V. Nati, chairman and Jose D. Leviste III, president, on behalf of Italpinas and by Alfonso L. Salcedo, Jr., executive vice-president, and Mario B. Palau, senior vice-president for the Banks of the Philippine Islands (BPI).
Sustainability
“BPI advances its sustainable energy finance by continuing to support the energy[-efficiency] investments of its clients,” the bank said in a recent statement.
“In collaboration with International Finance Corp., the four year old innovative financing approach fund various efficient and renewable technologies all over the country,” it added, referring to the World Bank Group’s private sector investment arm.
BPI is the country’s third biggest universal bank in terms of assets, with over 809 branches and 2,542 automated teller machines nationwide, according to the statement.
‘Promising’
Italpinas’ business plan for Primavera Residences, on the other hand, was cited as one of the promising “clean” energy investment opportunities in the Philippines during the Philippine Clean Energy Investor Forum held at the EDSA Shangri-La Hotel in Metro Manila in 2010.
This year, the Private Financing Advisory Network (PFAN) – a public-private partnership initiated by the Climate Technology Initiative (CTI), has cited Primavera Residence’s eco friendly design.
CTI-PFAN cited Italpinas’ new project as the only finalist from the Philippines for this year’s selection of 38 eco-friendly projects across Asia.
Primavera Residences is the first “green” building in Cagayan de Oro City that integrates into its design eco-friendly features such as rooftop solar panels to generate part of the two buildings’ electricity supply and reducing power use by maximizing natural light and wind ventilation.
Located at the Pueblo de Oro Business Park in uptown Cagayan de Oro City within the master-planned 360-hectare Pueblo de Oro Township, Primavera Residences is a P450-million 10-storey twin-tower condominium that was designed by Mr. Nati, an Italian architect, and developed by Italpinas, a corporate member of the Philippine Green Building Council.
The Primavera Residences Tower 2 will provide 167 residential units.
Construction, currently underway, is scheduled for completion by June.
-RMDB
Featured by BusinessWorld, 7 March 2013
Italpinas joins U.P. Vanguard Inc. Golf Tournament
ITALPINAS Euro Asian Design and Eco-Development Corporation, owner developer of Primavera Residences participated in the U.P. Vanguard Inc. National Commanders Golf Cup held at the Palmers Course, Forest Hills Golf and Country Club, Antipolo City last March 4, 2013.
To expand the awareness for its pioneering green condominium project and in line with its corporate social responsibility, ITALPINAS showcased its Primavera Residences which is a twin tower green residential condominium located in Cagayan de Oro City. Its banner advertising was prominently displayed at the registration area of the Forest Hills Golf and Country Club house which attracted a lot of interests.
The U.P. Vanguard Inc. is an organization composed mainly of professionals and businessman who have graduated from the rigorous cadet officers training course of the University of the Philippines system.
During the awarding ceremony, Mr. Meliton Salazar, National Commander of the U.P. Vanguard, Inc. thanked the sponsors and the golfers who played representing different organizations such as the Management Association of the Philippines, the military, the Rotary and the U.P. Barkadan. Mr Salazar is currently the Vice President of Manila Bulletin and was a former member of the Monetary Board and Board of Investments. The annual golf event was organized to raise funds to support the development of the students of the University of the Philippines who are taking the citizen military training program in various U.P. campuses nationwide. More than 150 avid golf players played in the tournament.
The golfers fielded by ITALPINAS were led by its Chief Financial Officer, Mr. Harold J. Dacumos and Mr. Albert Pascual, SVP, Bank of the Philippine Island and Mr. Gil Pamaymat, SVP, Banco de Oro.
On Manila Daily News: BPI grants Italpinas loan for green condo tower 2
Atty. Jose D. Leviste III, President and Architect Romolo V. Nati, Chairman and CEO of Italpinas EuroAsian Design and Eco-Development Corp. sign a PhP 180-million Green Development Loan with the Bank of the Philippine Islands (BPI) represented by Mr. Alfonso L. Salcedo, Jr., Executive Vice President and Group Head, Corporate Banking Division and Mr. Mario B. Palou, Senior Vice President. The loan will partially finance construction of Italpinas’ Primavera Residences Tower 2 in Cagayan de Oro City.
The Bank of the Philippine Islands (BPI) recently granted a PhP 180-million green development loan to Italpinas EuroAsian Design and Eco-Development Corporation to partially finance the construction of its Primavera Residences Tower 2.
The Bank of the Philippine Islands (BPI) recently granted a PhP 180-million green development loan to Italpinas EuroAsian Design and Eco-Development Corporation to partially finance the construction of its Primavera Residences Tower 2.
“BPI advances its Sustainable Energy Finance (SEF) by continuing to support the energy investments of its clients,” BPI said in a statement. “In collaboration with International Finance Corporation (IFC), the four-year old innovative financing approach funds various efficient and renewable technologies all over the country.”
The loan agreement was signed last month at the BPI Head Office by Architect Romolo Nati, Chairman and CEO, and Atty. Jose D. Leviste III, President, in behalf of Italpinas and by Mr. Alfonso L. Salcedo, Jr., Executive Vice President and Group Head, Corporate Banking Division and Mr. Mario B. Palou, Senior Vice President for BPI.
BPI is the third ranked universal bank in the country with over 809 branches (inclusive of 105 kiosks and five branches abroad) and 2,542 automated teller machines (ATMs) which together form Expressnet, the largest combined network of branches/kiosk units and ATMs, servicing the largest number of bank customers, including over one million overseas Filipinos.
Read story here.
February 25, 2013, Mindanao Daily News
BPI grants loan for Primavera Residences
The Bank of Philippine Islands (BPI) grants the developer Italpinas a 180-million to finance its Primavera Residences Tower 2.
Read story here:
February 20-21, 2013, Business Week Mindanao
