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Manila Bulletin devider Business devider The Stock Market devider Arthaland to acquire four prime properties for new high-rise projects

Arthaland to acquire four prime properties for new high-rise projects

Published Aug 25, 2025 02:21 pm
Po-led upscale and green developer Arthaland Corp. is acquiring four properties in prime locations for development of high-rise and mixed-use projects in Metro Manila and in the South.
A regulatory filing of the company revealed that Arthaland has already acquired its first property in Makati in June and is currently negotiating or acquiring additional real estate in a city center in Southern Philippines, a prime Metro Manila central business district, and northern Metro Manila.
Arthaland said that, for its Project Rock, it has acquired 98 percent ownership of a 2,018-sqm property on Antonio Arnaiz Avenue in Makati CBD and will be launching it by the fourth quarter of 2025.
The Company plans to develop the land into a high-rise luxury, sustainable, multi-certified residential project through LEED, BERDE, EDGE, and WELL green building certifications.
For its Project Vanilla, the firm is negotiating for the acquisition of a 50 percent undivided interest over a five-hectare property in the middle of the most prime city center area in Southern Philippines.
The acquisition program is expected to be completed between 2025 to 2028 to manage funding requirements over time.
Arthaland plans to develop the property in phases starting in 2026 and provide a steady pipeline of projects which will contribute to the revenues of ALCO over the long term.
It is envisioned to be a sustainable, master-planned development which will have commercial, residential, and retail components, master-planned to achieve LEED ND certification.
For Project Olive, the firm said it is in the final phase of the acquisition of a property with a gross land area of 3.6 hectares located at the entry of one of the most prime CBDs in Metro Manila.
The general area of the property is expected to benefit substantially from upcoming public infrastructure. The property is expected to result in 2.6 hectares of land, net of road lots.
Arthaland intends to complete the acquisition in phases which will allow it to manage funding requirements over time and plans to develop the property into a boutique, LEED certified sustainable master planned mixed-use community.
Based on initial plans, the Project will feature twelve residential towers that will cater to both the upscale and midscale markets as well as some retail or commercial segment to support the residents of the area.
Lastly, Arthaland is acquiring a 3,700 sqm residential property for Project Teal located in northern Metro Manila within the vicinity of major universities.
It is envisioned to be a sustainable two-tower, high-rise residential condominium through LEED, BERDE, EDGE, and WELL certifications. The first tower is targeted for launch in the third quarter of 2025. Completion of the first and second tower is expected in 2030 and 2031, respectively.
Arthaland reported a 23 percent drop in attributable net income for the first half of 2025 to ₱210.05 million from ₱273.05 million in the same period last year.
Reported net income fell 49 percent to ₱240.1 million from ₱466.86 million as revenues declined 14 percent to ₱2.21 billion from ₱2.71 billion as the projects that contributed largely to revenues in 2024 are either fully sold or about to be fully sold in 2025.
Its effect was lessened by the increase in revenues contributed by Project Eluria and the initial revenue recognition of new project, Una Apartment Tower 2.

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