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Araneta Properties

Araneta Properties Inc. is a publicly listed real estate company involved in real estate development headed by Gregorio Maria Araneta III, a member of the Araneta family.

Araneta Properties Inc.
Company typePublic
PSE: ARA
FoundersGregorio Maria Araneta III
Headquarters21/F Citibank Tower, Paseo de Roxas cor. Valero St., Salcedo Village, Makati, Philippines
Area served
Philippines
Websitewww.aranetaproperties.com

History edit

The Araneta Properties Inc. was originally incorporated as Integrated Chrome Corporation (INCHROME) on June 15, 1988, with operations involving in Ferrochrome and Chromite smelting. The company stopped its operations in January 1966, and changed its name to Araneta Properties Inc., with the business focusing more on real estate while maintaining its smelting operations.[1]

The Araneta Properties Inc., along with Sta. Lucia Land Inc. signed a joint venture project in developing the Colinas Verdes Estates, a 230 hectares (570 acres) estates in 2003, involving housing developments and a golf course. In November 2019, Araneta and Sta. Lucia announced an additional 58 hectares (140 acres) expansion project.[2][3] The company is also involved in the development of The Altaraza,[4] a 120 hectares (300 acres) residential and commercial venture with Ayala Land, both located at San Jose del Monte, Bulacan. The company now aims to develop a 140 hectares (350 acres) new financial district in Caloocan, near the MRT 7 project.[5][6]

On February 21, 2024, Luis Marcos Araneta, husband of Alexandra Rocha is the new president of Araneta Properties Incorporated and Gregorio Araneta III group of companies after resignation of Crisanto Roy Alcid.[7]

References edit

  1. ^ "Company Information". Retrieved 3 March 2020.
  2. ^ "Araneta, Sta. Lucia Land sign joint venture deal to expand Bulacan project". philstar.com. Retrieved 4 March 2020.
  3. ^ Mawis-Aliston, Arch Vittoria Lou. "The thrill of the north". business.inquirer.net. Retrieved 4 March 2020.
  4. ^ "Altaraza | Ayala Land Estates Bulacan". Ayala Land.
  5. ^ Dumlao-Abadilla, Doris. "Araneta eyes financial center in burgeoning Caloocan". business.inquirer.net.
  6. ^ "Greggy Araneta to create Caloocan's first CBD". philstar.com.
  7. ^ Castro, Isagani (February 23, 2024). "Greggy Araneta's son is new president of Araneta Properties". Rappler. Retrieved February 23, 2024.

araneta, properties, this, article, multiple, issues, please, help, improve, discuss, these, issues, talk, page, learn, when, remove, these, template, messages, topic, this, article, meet, wikipedia, notability, guidelines, companies, organizations, please, he. This article has multiple issues Please help improve it or discuss these issues on the talk page Learn how and when to remove these template messages The topic of this article may not meet Wikipedia s notability guidelines for companies and organizations Please help to demonstrate the notability of the topic by citing reliable secondary sources that are independent of the topic and provide significant coverage of it beyond a mere trivial mention If notability cannot be shown the article is likely to be merged redirected or deleted Find sources Araneta Properties news newspapers books scholar JSTOR March 2020 Learn how and when to remove this message This article relies excessively on references to primary sources Please improve this article by adding secondary or tertiary sources Find sources Araneta Properties news newspapers books scholar JSTOR March 2020 Learn how and when to remove this message Learn how and when to remove this message Araneta Properties Inc is a publicly listed real estate company involved in real estate development headed by Gregorio Maria Araneta III a member of the Araneta family Araneta Properties Inc Company typePublicTraded asPSE ARAFoundersGregorio Maria Araneta IIIHeadquarters21 F Citibank Tower Paseo de Roxas cor Valero St Salcedo Village Makati PhilippinesArea servedPhilippinesWebsitewww wbr aranetaproperties wbr comHistory editThe Araneta Properties Inc was originally incorporated as Integrated Chrome Corporation INCHROME on June 15 1988 with operations involving in Ferrochrome and Chromite smelting The company stopped its operations in January 1966 and changed its name to Araneta Properties Inc with the business focusing more on real estate while maintaining its smelting operations 1 The Araneta Properties Inc along with Sta Lucia Land Inc signed a joint venture project in developing the Colinas Verdes Estates a 230 hectares 570 acres estates in 2003 involving housing developments and a golf course In November 2019 Araneta and Sta Lucia announced an additional 58 hectares 140 acres expansion project 2 3 The company is also involved in the development of The Altaraza 4 a 120 hectares 300 acres residential and commercial venture with Ayala Land both located at San Jose del Monte Bulacan The company now aims to develop a 140 hectares 350 acres new financial district in Caloocan near the MRT 7 project 5 6 On February 21 2024 Luis Marcos Araneta husband of Alexandra Rocha is the new president of Araneta Properties Incorporated and Gregorio Araneta III group of companies after resignation of Crisanto Roy Alcid 7 References edit Company Information Retrieved 3 March 2020 Araneta Sta Lucia Land sign joint venture deal to expand Bulacan project philstar com Retrieved 4 March 2020 Mawis Aliston Arch Vittoria Lou The thrill of the north business inquirer net Retrieved 4 March 2020 Altaraza Ayala Land Estates Bulacan Ayala Land Dumlao Abadilla Doris Araneta eyes financial center in burgeoning Caloocan business inquirer net Greggy Araneta to create Caloocan s first CBD philstar com Castro Isagani February 23 2024 Greggy Araneta s son is new president of Araneta Properties Rappler Retrieved February 23 2024 nbsp This Philippines related article is a stub You can help Wikipedia by expanding it vte Retrieved from https en wikipedia org w index php title Araneta Properties amp oldid 1209758991, wikipedia, wiki, book, books, library,

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