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!

Italpinas to put up green buildings in Mindanao

Tower A of Primavera Residences stands tall in uptown CdO

Through the power of good design, see how we are able to increase natural airflow and light, and therefore decrease energy consumption.

Property developer Italpinas Euroasian Design and Eco-Development Corp. (ITPI) is putting up green buildings in Mindanao to help residents save on power costs.

ITPI chairman and CEO Romolo Nati said ITPI is putting up green buildings in Cagayan de Oro City to help residents save as much as 32 percent on air-con energy consumption cost.

“People in Mindanao either suffer from the full force and effect of the tropical heat due to blackouts, or the high energy cost of running air-conditioning units,” said Nati, an Italian who designed and built his green Primavera Residences condominium in Mindanao.

The initial plan would comprise of two towers of mixed-used 10-story green buildings each. It would have an inner courtyard and a cross-ventilation layout to increase the natural airflow and light.

Nati said the structure would also have shaded facades to reduce direct sun illumination on the windows and to reduce the internal temperature of each unit.

Read story here.

From the Philippine Star: 20 Aug 2013, 12:00 am

 

Ciao, and till next time!

 

On Manila Standard Today: In Mindanao Energy-saving condos to ease power woes

The people of Mindanao need not suffer from blackouts any longer due to high energy costs of running air conditioning units.

Green energy land developer ITALPINAS Euroasian Design and Eco-Development Corporation (ITPI) is putting up green buildings in Mindanao to help people in the area cope with the blackouts as well as save on electricity consumption cost.

In a statement, Architect Romolo V. Nati, Chairman and CEO of ITPI – a by-product of a Filipino and Italian partnership – is putting green architecture design buildings in Cagayan de Oro City that help residents save as much as 32 percent in air-con energy consumption cost.

“People in Mindanao either suffer from the full force and effect of the tropical heat due to blackouts or the high energy cost of running of air-conditioning units,” said Nati, an Italian who designed and built his green condominiums in Mindanao, the Primavera Residences.

The mixed-use green building, which is comprised of two towers with 10 storeys each, has eco-friendly passive design features, such as an inner courtyard and a cross-ventilation layout among the units, which increases the natural airflow and light. It also has shaded facades to reduce direct sun illumination on the windows to reduce the internal temperature of each unit, the statement said.

Read more here.

From the Manila Standard Today: 19 Aug 2013, 7:01 pm

 

Ciao, and till next time!

 

 

August Rush: Get as much as Php 50,000 OFF on Primavera Residences units

Dear Primavera Residences Investors and Friends,

Good day!

Please find below some of the top reasons on why you should invest in Primavera Residences.

Primavera Residences, developed by ITALPINAS Euroasian Design and Eco-development Corporation – a sustaining member of the Phlippine Green Building Council – is the first eco-friendly condominium in Northern Mindanao. Its unique modern design, conceptualized by multi-awarded Italian architects, is a perfect mix of form and function rewarding you with a beautiful home that can sustain itself, helping you save on your electricity bills!

Located in Pueblo Business Park in uptown Cagayan de Oro, Primavera Residences is in the middle of many important establishments, like SM Cdo, universities, a world-class golf course and many more. Being located uptown also means that your property is in a flood-free, and therefore, a safer zone.

Primavera Residences is definitely a good investment because of its income generating opportunities. As of now, for example, all of our fully furnished 2-bedroom units are being rented out – and the requests for more units for rent has been increasing in the past month.

Now is definitely the best time to invest not only because you will earn income right away, but because for the whole month of August, you will get a discount of Php 50,000.00 when you buy a unit from Primavera Residences Tower A (with a 15-month installment period) and a Php 20,000 discount when you buy a unit from Tower B (with a 20-month installment period).

Take advantage of this investment potential at Primavera Residences. Call us now at (088) 310 8173 or 0917 792 1078!

To learn more, please visit our website at www.primaveraresidences.com and like our Facebook paage at www.facebook.com/CondoPrimavera.

Thank you very much and have a good day!

On Kagay-an: Italpinas reiterates offer to new city admin

TALPINAS 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 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

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, Italpinas partner for Eco Development

The Bank of the Philippine Islands (BPI) and Italpinas, EuroAsian Design and Eco-Development Corporation (Italpinas) signed a Memorandum of Agreement to mark its commitment to sustainable options.

Italpinas pursues ecologically-sound buildings by incorporation the use of solar panels, high-efficient air-conditioning system and state-of-the-art design among others.

Its previous endeavor has been recognized by reputable institution as “green and responsible”. Working together for the construction of Primavera Residences Phase 2 in Cagayan de Oro, both parties show “green development” is increasingly being carried out in newer real estate projects.

BPI advances its Sustainable Energy Finance (SEF) by continuing to support the energy investments of its clients. In collaboration with the International Finance Corporation (IFC), the four-year old innovative financing appoach funds various efficient and renewable technologies all over the country

 

Featured by MyBPIOnline, 5 February 2013

‘Green’ Project in Cagayan de Oro Eyed

ITALPINAS INC. is putting up the first “green” eco-sustainable building complex in Cagayan de Oro, which is capable of generating part of its own electricity requirements for the buildings’ common spaces.

In a briefing yesterday, Italpinas chief executive Romolo Nati said the building was designed to have energy-saving and energy-generating features as the two buildings will be equipped with solar panels at the rooftop.

Nati said the use of solar panels could help lower the electricity bill that will be charged to tenants for the use of the common areas and facilities such as the gym and hallways, among others.

 

– Amy R. Remo

Featured by the Philippine Inquirer, 23 December 2009