Sta. Lucia Land
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| Company type | Public (PSE: SLI) |
|---|---|
| Founded | 1966 (as Zipporah Mining and Industrial Corporation) 1995 (as Zipporah Realty Holdings, Inc.) 2007 (as Sta. Lucia Land, Inc.) |
| Founders |
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| Headquarters | Penthouse Building III, Sta. Lucia Mall, Cainta, Rizal, Philippines |
Key people |
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| Revenue |  ₱3.9 billion (approx US$78 million USD) (2017) |
| Total assets | ₱29.8 billion (approx US$596 million USD) (2017) |
| Parent | Sta. Lucia Realty and Development Corporation |
| Subsidiaries | Sta. Lucia Homes Soto Grande Hotels SantaLucia Ventures |
| Website | www.stalucialand.com.ph |
Sta. Lucia Land, Inc. is a leading Philippine developer of residential communities and listed on the Philippine Stock Exchange (stock code—SLI). It is part of the Sta. Lucia Group with over 45 years track record of real estate development. The Sta. Lucia Group has completed over 220 projects and developed over 10,000 hectares of land across 70 cities and municipalities in 10 regions & 15 provinces across the Philippines. SLI’s portfolio consists of developments that include residential, commercial, leisure and retail assets.
Sta. Lucia Land Inc. – Building Dreams.[1]
History
The company was incorporated on December 6, 1966 under the name Zipporah Mining and Industrial Corporation to engage in mining. The company became listed in the Philippine Stock Exchange on September 14, 1987. The company's primary business was changed to real estate development and the corporate name was changed to Zipporah Realty Holdings, Inc. on August 14, 1996. In 2007, Sta. Lucia Realty and Development Corporation acquired majority control of the company. The corporate name was changed to Sta. Lucia Land, Inc. (SLI) on July 16, 2007.[2] As a result, SLI became a public company via reverse merger.
On December 22, 2015, SLI became listed in the Philippine Dealing Exchange Corp. ("PDEx"). SLI joined the PDEx community of listed corporations, with its listing of P3 Billion worth of fixed-rate Peso bonds with an over-subscription option of up to P2 Billion in the PDEx platform. This marks the maiden listing of SLI in the Philippine Bond Market. The Bonds have been rated AA+ by the Credit Rating and Investor Services Philippines, Inc.[3]
Year 2017 performance
Sta. Lucia Land Inc’s 2017 Net Income Up by 12%
Sta. Lucia Land Inc.’s (SLI) net income increased YOY by 12% from PHP 730 million to PHP 817 million while gross revenues increased also by 12% from PHP 3.2 billion to a record PHP 3.9 billion. The 12% growth of its real estate revenues contributed to this increase, from PHP 1.8 Billion in 2016 to PHP 2.1 Billion in 2017. Total assets increased by 24%, from PHP 24.1 Billion to PHP 29.8 Billion.
Following its successful PHP 3.1 billion corporate note offering last April 2017, the Company for year 2017 has continued to expand in key cities and provinces as it has acquired 31 properties totalling 1.36 million sqms and entered into 29 joint venture agreements totalling 3.40 million sqms. This aggregates to 4.76 million square meters in developable properties in the following areas: Pasig City, Cavite, Laguna, Batangas, Rizal, Quezon province, Palawan, Iloilo, Cebu and Davao.
Commercial Business Group
Property developer Sta. Lucia Land Inc. (SLI) has formed a commercial business unit to handle development of current and future commercial projects, the company announced in a disclosure to the Philippine Stock Exchange (PSE) in September 2016. Projects to be spearheaded by the new unit include office spaces, retail and mall developments, industrial developments, institutions such as schools, and tourism and leisure assets.
“The main objectives of the Group will be to increase recurring income and improve property values either through project development or through lease income. It will also be supporting the efforts of the Company in terms of land banking, business development and master planning,” the company said in its statement to the PSE.
SLI identified that the new commercial business unit would initially concentrate on the Sta. Lucia Business Center in Pasig City. The Sta. Lucia Business Center is a proposed commercial 6-story building on a 3,955 sqm property which will be leased out to offices and commercial retail establishments. It will located along the lay-by connecting to the LRT Line 2 extension and the Sta. Lucia Mall which will greatly ease traffic congestion in the area once finished and operational, and at the same time provide convenience for commuters as a transit point to Cainta, Taytay and Pasig City.
Affiliates and Subsidiaries
In February 2013, the SEC approved the incorporation of Sta. Lucia Homes, Inc. as a wholly owned subsidiary of SLI with the primary purpose to construct, develop, improve, mortgage, pledge, and deal with residential structure for lot buyers. In April 2013, the incorporation of another wholly owned subsidiary, Santalucia Ventures Inc., was approved by the SEC.
Membership
Sta. Lucia Land Inc. is a member of Chamber of Real Estate and Builders’ Association (CREBA)
Awards & Seals of Excellence
- 2018 APAC Insider Philippine Business Awards: Sta. Lucia Land Inc. – Best Real Estate Development Company 2018 [4]
- 2017 Asia CEO Awardees: Executive Leadership Team of the Year, Global Filipino Executive of the Year (Mr. Exequiel Robles) and Heart for OFWs Company of the Year [5]
- 2016 Bronze Asia Stevie Awards - Innovative Management in Consumer Products & Service Industries [6]
See also
- Sta. Lucia Realtors (PBA basketball team)
- Sta. Lucia Realtors (PCBL basketball team)
- Sta. Lucia Lady Realtors (PSL volleyball team)
References
- ^ "Company Profile: Sta. Lucia Land, Inc. (PSE:SLI)". Cs Investing Exchange. 26 February 2018. Retrieved 7 May 2018.
- ^ "Disclosure No. 940 2016 Preliminary Information Statement for Annual Stockholders Meeting" (PDF). Sta. Lucia Land, Inc. 13 May 2016. Retrieved 7 May 2018.
- ^ "Credit Rating and Investor Services Philippines, Inc". Retrieved 2015-06-01.
- ^ https://www.apac-insider.com/2018-sta-lucia-land-inc
- ^ https://www.asia-ceo-awards.org/newHistory/Winners_and_Finalists/2017
- ^ http://asia.stevieawards.com/2016-stevie-winners
External links
- Official Website Sta. Lucia Land, Inc.
- Philippine Stock Exchange [1]
- Philippine Dealing Exchange [2]