Glorietta Master Plan and Concept Design

Build the green brand

Each day, half a million people pass to and from the elevated transit system at the top of the aging, four level enclosed Glorietta mall, owned by Ayala Malls. Ayala also owns the celebrated Greenbelt development next door, which is widely prized for its outdoor experience. In redefining Glorietta with the addition of two hotels, offices, apartments and elaborate underground parking, the owners also wanted to improve pedestrian access to and through Greenbelt.

We did that and more, creating more GLA than the owner thought possible by designing a terraced park that originates on grade and culminates in a fourth-level roof garden, integrating hotels, shops and cafes as it climbs. The park anchors the main corner of the development and establishes a strong physical connection to Greenbelt that extends its identity as an urban oasis.

DM Wenceslao prices P8.15-billion IPO at P12/share

D.M. Wenceslao & Associates, Inc. (DMWAI), a 53-year-old integrated property developer and construction company, is braving rough market conditions and has priced its initial public offering at P12.00 per share.

This was disclosed by DMWAI Chief Executive Officer Delfin Angelo C. Wenceslao in a disclosure to the Philippine Stock Exchange.

DMWAI said it plans to offer up to 679.19 million shares, or about 20 percent of the company’s total issued shares, for a total offering size of P8.15 billion.

The company has mandated BPI Capital and Maybank as the Joint Global Coordinators and Bookrunners for the IPO.

Proceeds from the IPO will be mainly used to further expand its real estate development footprint through a mix of commercial and residential projects in Aseana City.

DMWAI is the developer and primary owner of Aseana City, one of the largest and fastest growing mixed-use business districts in the Manila Bay Area.

In addition to its property development business, DMWAI is also one of a few AAAA construction companies in the Philippines which speaks of its stability and capacity to undertake large scale infrastructure and construction projects.

Based on the company’s financial statements, around 50 percent of its revenues are recurring from the leasing of office and commercial space and land rentals.

The firm is developing nine real estate projects over the next five years to expand its footprint and broaden its sources of recurring income.

DMWAI chief executive officer Delfin Angelo Wenceslao said the firm has three residential and six commercial developments in the pipeline.

ABS-CBN Celebrates “One Love, One Pinas” On Independence Day

ABS-CBN invites Filipinos to show their love for country as the Philippines marks its 120th year of independence with a special commemorative flag-raising ceremony airing on Tuesday, June 12 after “Umagang Kay Ganda.”

The event will also kick off the Kapamilya network’s “One Love, One Pinas” campaign, which will encourage Filipinos everywhere to be ambassadors of the country. The on-air and digital campaign, which will run for the entire month of June, aims to inspire Filipinos to celebrate what truly makes the Philippines beautiful, which are its people and the values they possess.

Kapamilyas can take part in spreading positivity and unity through the campaign by posting stories, photos, or videos that highlight our Filipino values, culture, sceneries, and food on social media using the hashtag #OneLoveOnePinas.

Set to host the flag-raising ceremony are Jorge Carino and Doris Bigornia of ABS-CBN News, with a special performance by the internationally-acclaimed University of Santo Tomas Choir.

The flag-raising ceremony has been an annual tradition in ABS-CBN, where employees and staff from the company’s various regional stations in the country, news bureaus abroad, and subsidiaries participate.

Don’t miss the the “One Love, One Pinas” flag-raising ceremony airing on Tuesday (June 12) on ABS-CBN after “Umagang Kay Ganda” on ABS-CBN and ABS-CBN HD on TV and on iwantv.com.ph or skyondemand.com.ph online.