P.A. Properties, Hankyu Hanshin strengthen development ties

(From left to right) Jonathan G. Lu., Vice Chairman, P.A. Properties, Romarico T. Alvarez, Chairman, P.A. Properties, Keiji Okamoto, Manager of the Overseas Housing Division, Overseas Business Headquarters of Hankyu Hanshin Properties Corporation, Chikara Nakajima, Hankyu Hanshin Properties Corporation Director and Chief Representative

A chapter of continuity and innovation is being penned as P.A. Alvarez Properties and Development Corporation (P.A. Properties) teams up with Hankyu Hanshin Properties Corporation to embark on a new real estate development chapter.

This flourishing partnership, rooted in a seven-year legacy, has brought forth a fresh milestone that is set to redefine the skyline of Southern Luzon yet again.

The two companies recently fortified their alliance by signing a Development Management Agreement. This new agreement is pivotal for a residential project slated to rise in Cabuyao City, Laguna, underscoring the firms’ sustained synergy and mutual ambition to sculpt living spaces that are not merely structures but embodiments of excellence.

Romarico T. Alvarez, Chairman of P.A. Properties, captured the essence of this new endeavor.

“Our partnership with Hankyu Hanshin Corporation has been instrumental in our growth and success,” he said.

Alvarez pointed to the past projects as a benchmark for the transformative impact of their collaborations, highlighting that they have “not only redefined the real estate landscape but also enriched communities.”

His excitement is palpable as the company prepares “to embark on this new chapter and set new benchmarks for excellence.”

Echoing this sentiment, Keiji Okamoto, Manager of the Overseas Housing Division, Overseas Business Headquarters of Hankyu Hanshin Properties Corporation, spoke of the broader implications of such international alliances.

“The collaboration between P.A. Properties and Hankyu Hanshin Properties Corporation epitomizes the strength of international partnerships in driving innovation and sustainable development,” Okamoto noted.

He reaffirmed the commitment to exceed expectations and to positively influence society through their collective expertise.

The roots of this alliance go back to their first Joint Venture Agreement, which involved the development of Phase 1 of Idesia spanning 11 hectares in Dasmarinas, Cavite.

This initial venture set the tone for what would become a series of triumphant collaborations, spreading across the remaining 26 hectares of Idesia City and branching out to properties in Batangas, Laguna, and Bulacan.