REPRESENTATIVES OF THE FINANCIAL ADVISORY FIRM “PRIMEIRO PARTNERS” VISIT IDC’S OFFICE IN MANILA

Primeiro Partners, the leading independent financial advisory firm in the Philippines and one of the leading advisors in Southeast Asia visits IDC to explore the potentiality of a partnership between the two companies.

Mr. Keenan Ugarte, currently the Head of Strategic Partnerships of Primeiro Partners, together with Ms. Carina Chua and Mr. Marco Olivier, met last September 20 with Arch. Nati, Chairman and CEO of IDC-Italpinas Development Corporation in the company’s Head Office in Makati, Manila.

Mr.Ugarte has been with Primeiro Partners since the beginning of 2015, and since then, has had extensive experience in commodities, renewable energy, real estate, and fintech.

Established in 2012, Primeiro Partners is an advisory investment bank focused on the Philippines and Asia Pacific region. The firm provides services in the areas of mergers and acquisitions, joint ventures, private equity and venture capital transactions, project financing, recapitalizations and loans. Primeiro caters to the asset management, insurance, real estate, information technology, transportation, media and energy sectors.

            The meeting in IDC’s office was mainly set to explore the potentiality of a partnership between the two companies and see the possibility of involving Primeiro Partners, as financial advisor, to provide strategic services for Italpinas Development Corporation. At the end of the meeting Mr. Ugarte expressed his appreciation on IDC’s business model and the successful results achieved in its ten years of activities.

            IDC is a design driven developer of sustainable properties focused on emerging cities in the Philippines with the primary purpose of engaging in the business of real estate development wherein it uses knowledge in architectural design, market and demographic strategy, project development, and sales.

primeiro1Primeiro Partners’ Director, Mr. Keenan S. Ugarte (2nd from left), Arch. Romolo Nati, (3rd from left) and representatives of Primeiro Partners

The company’s green projects, Primavera Residences and Primavera City, both located in one of the fastest growing cities in the Philippines, Cagayan de Oro in northern Mindanao and the latest high-rise development, Miramonti Green Residences, under construction in Sto Tomas, Batangas, Luzon, have been recognized as Best Mixed-use Developments in the Philippines, receiving the ambitious award by the International Property Award-Asia Pacific.

            The key-factor that is present in all IDC’s projects and that has made the company’s developments so successful and appreciated, is the performance-based design which integrates sustainable strategies and green architectural elements that aim to reduce overall energy and water consumption, resulting in long-term savings.