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