AboitizLand’s industrial business unit also expects fresh demand for new distribution centers and warehouse-type logistics facilities, especially as e-commerce booms.
Read MoreAside from the said opportunity in the logistics space, there is an emerging demand related to manufacturing companies planning to exit China.
Expansion plans to create additional inventory are underway for LIMA Technology Center in Batangas, and West Cebu Industrial Park in Cebu, to take advantage of this demand.
Likewise, the Aboitiz Group’s privately-held construction arm Aboitiz Construction, Inc. continues to operate and work on its projects in Balamban, Cebu, and Mindanao, albeit with stricter precautions.
The company hopes to immediately resume work on all its first and second quarter projects in ECQ-affected areas.
This is in line with the Aboitiz Group’s goal of keeping the economy stimulated with the immediate implementation of the government’s infrastructure program, especially projects of national significance.
There is a growing shift from the city to the suburbs as real estate developers and property seekers are reimagining what constitutes a desirable, livable community. Even vacation homes, once considered secondary homes, are now regarded as principal residences in the post-pandemic era.
Read MoreSeafront Villas is a the result of AboitizLand’s commitment to making better neighborhoods and innovating the way its vecinos live in this day and age.
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