Listed property developer Sta. Lucia Land Inc. (SLI) owned by Robles-Santos group announced its aggressive expansion plans for 2017, with 9 partnerships for projects all across the country.
SLI said in a statement to the stock exchange that during the SLI board of directors meeting held on Wednesday, February 15, the company has acquired 8 properties totaling 10.03 hectares in key emerging cities in Cavite, Batangas, Rizal, Palawan, Iloilo and Davao.
SLI has also sealed over 9 joint venture agreements totaling 139.28 hectares in Batangas, Rizal, Cebu and Davao.
?This brings to a total of 1.493 million square meters of joint venture agreements and land acquisitions of developable properties as SLI to continues its strategic nationwide landbank expansion to start year 2017?, the statement said.
Stocks in SLI traded at P1.03 per share on Wednesday, at 2.7 million in volume.
