IN PHOTOS (L-R) Sherwin M. Guardian, P.A. Properties Head of Commercial Business Unit, Jonathan G Lu,
P.A. Properties, Vice Chairman, Romarico T. Alvarez, P.A. Properties, Chairman, Emmanuel Estacion, CALTEX
New Business Acquisition Manager, Peter Jude T. Alvarez, P.A. Properties Director of Operations,, and Jay
Villamiel, CALTEX New Business Acquisition Specialist.
P.A. Petroleum Resources Inc., an affiliate company of P.A. Properties, proudly announces a significant achievement as it officially signed a new dealership contract with Caltex Philippines. The signing event marked the initiation of agreement, serving as the kickoff for the growing business partnership.
The agreement solidifies the partnership between Caltex Philippines and P.A. Petroleum Resources Inc. for an exciting new project in IdesiaLipa, Batangas. The Gasoline Station project, set to be completed by June 2024, will be situated on a 1,200sqm portion of the 2,756sqm overall property size in Lipa City, Batangas.
Upon completion, the Gasoline Station will feature additional developments, including various commercial spaces, which will compliment all of the future commercial development and offerings in the vicinity.
This collaboration with Caltex Philippines marks the beginning of a strategic partnership, with future projects anticipated in Caloocan, Pampanga, and other stand-alone locations. P.A. Properties looks forward to the positive impact this venture will have on sales, benefiting both the residential and commercial sectors in IdesiaLipa, Batangas.
"This partnership with Caltex represents a significant milestone for P.A. Petroleum Resources Inc. and P.A. Properties. We are excited about the opportunities it brings, not only for our companies but for the communities we serve. The Gasoline Station project in IdesiaLipa is just the beginning of what we believe will be a fruitful collaboration, with more projects on the horizon," said Romarico T. Alvarez, Chairman of P.A. Properties.
The official launch of the project is scheduled for June 2024, and both companies are eager to bring this venture to fruition, delivering value to the residents and businesses in IdesiaLipa, Batangas.
About P.A. Properties
Nestled in San Pedro, Laguna, P.A. Alvarez Properties and Development Corporation (P.A. Properties) is a leading developer of low to medium cost housing communities in Southern Luzon. Since its establishment in 1994, the company has crafted over 25,000 homes across key Philippine provinces, with plans to build an additional 20 communities in the next 5 years. P.A. Properties, guided by the tagline "Behind Every Home is a Story," not only addresses the nation's housing backlog but also actively contributes to economic growth. Through philanthropic initiatives, such as hospital donations in Cabuyao, providing right of way in Pampanga for civic centers, and establishing SanJo's markets in provinces like Laguna and Bulacan, the company weaves a narrative of community development and nationwide impact.