 Sotern Land Corporation, a wholly-owned subsidiary of Arthaland Corporation, have purchased two parcels of land (618 and 625 square meters) located in Barangay Loyola Heights, Quezon City for a consideration of P154,000,000.00 and P111,607,142.86. Sotern will establish a residential condominium development on the subject properties.
Parties agreed on the purchase price at a mutually acceptable consideration with due regard to present market values. Arthaland Corporation is the only real estate developer in the Philippines with a residential and commercial portfolio 100% certified as sustainable by local and global organizations. It has made its mark in the Philippine real estate industry by pioneering the development and management of exceptional best-in-class properties that adhere to international and local standards. |
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