Capital Corp Backs Major PH Township Project

2024 has marked an exciting year for the Philippine real estate market, driven by rapid urbanization, technological advancements, and a growing focus on sustainability.

Capital Corp Merchant Banking announces its significant funding proposal for a transformative mixed-use township project in the Philippines, set to boost urban development and economic growth.  

As the country’s real estate landscape continues to thrive, the latest announcement by Capital Corp Merchant Banking promises to further elevate this momentum.

The globally recognized financial institution, known for providing innovative financing solutions, has revealed its entry into the Philippine real estate market with a major funding proposal for a large mixed-use township development project.

The announcement is a significant step for the Montreal-based Capital Corp Merchant Banking, a subsidiary of Capital Corp Group, which has been at the forefront of international project financing for nearly 40 years.

“The Philippine real estate landscape presents a unique opportunity for growth and innovation,” said Capital Corp’s Managing Director, Gilles Herard. “We are proud to collaborate with local developers to bring this vision to life.”

Supporting Philippine Real Estate Growth

The Philippine real estate market is experiencing a notable uptrend, with residential real estate prices rising by 6.1% year-on-year in Q1 2024, according to the Philippine Central Bank.

This growth is underpinned by increased public spending in infrastructure, driving urban renewal and economic expansion. Capital Corp’s entry comes at a perfect time, as the demand for modern, urban living spaces in the country is on the rise.

The proposed township will blend residential and commercial spaces, creating a dynamic environment where residents can live, work, and enjoy leisure activities.

Positioned to meet the increasing demand for high-quality urban living spaces, the project is poised to generate significant economic benefits through rising rental yields and heightened interest from developers.

Capital Corp Merchant Banking is no stranger to managing complex real estate and infrastructure investments. The company’s deep expertise in structuring financing for large-scale projects makes it the perfect partner for the ambitious township development.

By aligning with local developers, Capital Corp aims to drive economic growth and foster community development through strategic partnerships. This move is also aligned with the broader commitment from major players in the Philippine real estate industry.

During the recent National Real Estate Convention at Nustar Resort and Casino in Cebu City, over 30 developers and 600 agents gathered to discuss solutions for the nation’s housing challenges.

The convention saw a collective commitment from developers to address the housing backlog, which includes growing interest from Overseas Filipino Workers (OFWs) investing in the real estate market.

A Collaborative Effort for a Sustainable Future

As sustainability becomes increasingly important in real estate, Capital Corp’s involvement in the township project reflects a commitment to creating environmentally friendly developments.

This mixed-use project not only aims to meet the urban lifestyle needs of Filipinos but also supports sustainable and transformative infrastructure growth.

With over 40 years of experience in the international project financing field, Capital Corp continues to expand its global footprint, offering tailored financing solutions that foster economic development and innovation.

Its entry into the Philippine real estate market signals a new chapter of growth for the sector, with exciting possibilities for developers, residents, and investors alike.