Sta. Lucia seeks P7.5B in loans for projects

By Earl John Alfaro

Nov 09, 2024 12:20 am

PROPERTY developer Sta. Lucia Land, Inc. said on Friday that its board had authorized management to secure a P7.5-billion credit line from various banks to fund the development of six new projects in Luzon and the Visayas.

In a disclosure, the company said that it was planning to enter into joint ventures to develop several projects in Luzon and Iloilo with an aggregate size of about 930,000 square meters (sq m) of land.

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