8990 Holdings buys big Tondo area
By Jenniffer B. Austria | Manila Standard Today | Thursday | Jun. 26, 2014 at 12:01am
Mass housing developer 8990 Holdings Inc. said Wednesday it acquired two Tondo-based property companies for P1.61 billion in a bid to expand its landbank.
8990 Holdings said in a disclosure to the stock exchange it purchased 100 percent of Euson Realty & Development Corp. and Tondo Holdings Corp., which own 84,731 square meters of land in Vitas, Tondo, Manila.
Read More: http://manilastandardtoday.com/2014/06/26/8990-holdings-buys-big-tondo-area/
Low-cost housing firm sets Tondo condo project
8990 Holdings buys 8.47-ha lot for P1.61B
By Doris C. Dumlao | Philippine Daily Inquirer | Thursday, June 26th, 2014 at 3:37 am
MANILA, Philippines–Mass housing developer 8990 Holdings Inc. has invested P1.61 billion to acquire an 8.47-hectare landbank in Tondo, Manila, on which it intends to build a low-cost, mid-rise residential condominium community with an integrated retail hub.
In a statement on Wednesday, 8990 Holdings said the acquisition would increase its landbank in the metropolis and “further secure its position as the recognized leader in affordable housing nationwide.”
Read More: http://business.inquirer.net/173594/low-cost-housing-firm-sets-tondo-condo-project
8990 taps Megawide to construct 39 towers
by Doris C. Dumlao | Philippine Daily Inquirer | Tuesday | December 2nd, 2014 | 2:53 AM
Mass housing developer 8990 Holdings has tapped construction and engineering firm Megawide Construction Corp. to build 39 mid-rise residential condominium towers with an estimated sales value of P53 billion.
The residential towers form part of two mixed-used estate projects of 8990 Holdings: one in Tondo, Manila and another on Ortigas Avenue Extension, making available by 2020 around 40,000 “affordable” residential units, each priced at below P1.5 million, 8990 Holdings president Januario Jesus Atencio said in a briefing on Monday.
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8990 Holdings, Megawide team up for P53-B projects
by Richmond S. Mercurio | The Philippine Star | Updated December 2, 2014 | 12:00am
MANILA, Philippines - 8990 Holdings Inc. and Megawide Construction Corp. are teaming up for the development of integrated condominium townships in Metro Manila, starting with two projects that will consist of 39 residential buildings.
In a statement, mass housing developer 8990 Holdings said it is investing P24 billion in land and building construction for the over three dozen residential towers that would be developed under two projects.
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8990 Holdings bares plans to build 39 condos in Metro
by James Loyola | Manila Bulletin | Monday | December 1, 2014
Listed mass housing developer 8990 Holdings, Inc. is ramping construction for its high-rise segment by building 39 condominiums worth P53 billion in two Metro Manila township projects in a four-year period.
In a press briefing yesterday, 8990 President Januario Jesus Atencio said they are tapping Megawide Construction Corporation to be their exclusive contractor for thier high rise projects.
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8890 TAPS MEGAWIDE FOR 39 CONDOS
by Malaya | Tuesday | December 02, 2014
Developer 8990 Holdings, Inc. said it has partnered with fellow-listed contractor Megawide Construction Corp. to build 39 condominium buildings for the former in its Ortigas avenue extension and Tondo, Manila properties.
The partnership will start with two projects having a combined gross area of 22 hectares covering 39,732 units – the 13-hectare Urban Deca Homes along Ortigas avenue extension township that will have 26 buildings with a total of 24,720 residential units, and the 8.4-hectare Urban Deca Homes in Vitas Tondo that will have 13 buildings with a total of 15,012 residential units.
Read More: http://www.malaya.com.ph/business-news/business/8890-taps-megawide-39-condos
8990 Holdings, Megawide forge partnership in mass housing
by DANESSA O. RIVERA | GMA News | Monday | December 1, 2014 | 4:38pm
Publicly-listed 8990 Holdings Inc. and Megawide Construction Corp. have joined forces for the long run developing the mass housing condominium projects, officials of both firms revealed Monday.
First in the pipepline are the P53-billion worth of integrated condominium townships in Pasig City and Manila, the officials noted.
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8990 Holdings, Megawide seal deal for 2 integrated townships
by Krista Angela M. Montealegre | InterAksyon.com | Monday | December 1, 2014 | 10:06 AM
MANILA - 8990 Holdings Inc has sealed a partnership with Megawide Construction Corp for the development of two integrated condominium townships in Metro Manila worth P53 billion.
In a disclosure to the Philippine Stock Exchange, the low-cost mass housing developer said the four-year collaboration with Megawide covers 39 buildings comprising 39,732 units in its properties located at Ortigas Avenue Extension and Tondo, Manila.
Read More: Source