Rockwell Land Corporation signed a partnership with TGN Realty, a part of the Nepomuceno Group of Companies, to develop a 3.6-hectare mixed-use community in Angeles, Pampanga. The Philippine Competition Commission approved the joint venture on Oct. 20, 2020. “We are excited to build a new Rockwell community in Pampanga through our joint venture with the family behind the successful Nepo Center,” Rockwell Land president Nestor J. Padilla said. Bringing the Rockwell signature touch north of Metro Manila, the project will have three residential towers. It will be complemented by a retail component which is poised to be the Power Plant Mall in Angeles, the first Rockwell mall outside Metro Manila. Similarly designed to the Rockwell Center in Makati, the residential towers and the mall will be connected via an underground passageway for the community’s convenience. The new Rockwell residential community is targeted to launch in the second half of 2021 and will feature a central clubhouse amenity. Each tower will be 10 stories to 15 stories high with units ranging from one bedroom to three bedrooms sized 44 sq. m. to 142 sq. m. The residential towers are expected to bring a revenue of P6.7 billion. The Nepomuceno Group of Companies has forays into education, utility services and real estate. Its 15-hectare flagship project, the Nepo Center in Angeles City’s central business district, features retail establishments Nepo Mall, Nepo Mart and NewPoint Mall as well as PEZA-registered office towers eNtec1 and eNtec2. Future development in the area can boast of improved accessibility with the completion of infrastructure, including the expansion of the Clark International Airport and the North-South Commuter Railway that will connect Manila to Clark. https://lopezlink.ph/lopez-companiess/8990-rockwell-enters-partnership-with-tgn-realty-to-develop-mixed-use-community.html
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In a disclosure to the Philippine Stock Exchange (PSE) yesterday, Rockwell Land Corporation (RLC) inked a partnership with TGN Realty, part of the Nepomuceno Group of Companies, to develop a 3.6-hectare mixed-use community in Angeles, Pampanga. “We are excited to build a new Rockwell community in Pampanga through our Joint Venture with the family behind the successful Nepo Center,” Rockwell Land Corporation president Nestor Padilla said in their PSE disclosure. With this development, the Philippine Competition Commission gave its approval for the joint venture on 20 October 2020. Bringing the Rockwell signature touch North of Metro Manila, the project will have three residential towers complemented by a retail component, which is poised to be the Power Plant Mall in Angeles, the first Rockwell mall outside Metro Manila. Similarly designed to the Rockwell Center in Makati, the residential towers and mall will be connected via an underground passageway for the community’s convenience. The new Rockwell residential community is targeted to launch 2nd half of 2021 and will feature a central clubhouse amenity. According to Padilla, each tower will be 10 to 15 storeys high with units ranging from one bedroom to three bedrooms sized 44 square meters to 142 sqm. The residential towers are expected to bring a revenue of about P6.7 billion. The Nepomuceno Group of Companies has forays into education, utility services and real estate. https://tribune.net.ph/index.php/2020/10/22/rockwell-partners-with-tgn-for-mixed-use-community/
Rockwell Land Corp., the Lopez-owned property developer, is hoping to take advantage of the booming economy of North Luzon with the development of a new mixed-use community in Pampanga. In a regulatory filing yesterday, Rockwell said it has signed a partnership with TGN Realty, a part of the Nepomuceno Group of Companies, to develop a 3.6-hectare mixed-use estate in Angeles, Pampanga. The new estate will also be the home of the first Rockwell Power Plant Mall outside Metro Manila and will have residential and commercial components as well. Advertisement There will be three residential towers, which are expected to churn in revenue of P6.7 billion. Rockwell Land president Nestor Padilla said the company is excited to build a new Rockwell community in Pampanga through its joint venture with the family behind the successful Nepo Center. Similarly designed to the Rockwell Center in Makati, the residential towers and the mall will be connected via an underground passageway for the community’s convenience. Advertisement The new Rockwell residential community is targeted to launch in the second half of 2021 and will feature a central clubhouse amenity. Each tower will be 10 to 15 storys with units ranging from one-bedroom to three-bedrooms with sizes from 44 square meters to 142 sqm. The Nepomuceno Group of Companies has investments in education, utility services and real estate. Advertisement Under the agreement, Rockwell and TGN shall mainly infuse the capital for the undertaking, while TGN and the Valdes siblings will contribute the land for the project. Rockwell, TGN Realty, and the Valdes siblings who are minority shareholders of the company, shall invest in the project through the purchase and subscription of shares in the joint venture company. Padilla said the prospects of the project are rosy given the completion of infrastructure projects including the expansion of the Clark International Airport and the North-South Commuter Railway that will connect Manila to Clark. The Philippine Competition Commission (PCC) approved the joint venture on Oct. 20. To date, PCC has received 219 notifications and approved 206 M&As (mergers and acquisitions) with a combined worth of P3.98 trillion. This article was originally published at PhilStar. http://realestatenews.ph/national/business/rockwell-land-to-develop-pampanga-mixed-use-project
MANILA, Philippines — Rockwell Land Corp., the Lopez-owned property developer, is hoping to take advantage of the booming economy of North Luzon with the development of a new mixed-use community in Pampanga. In a regulatory filing yesterday, Rockwell said it has signed a partnership with TGN Realty, a part of the Nepomuceno Group of Companies, to develop a 3.6-hectare mixed-use estate in Angeles, Pampanga. The new estate will also be the home of the first Rockwell Power Plant Mall outside Metro Manila and will have residential and commercial components as well. There will be three residential towers, which are expected to churn in revenue of P6.7 billion. Rockwell Land president Nestor Padilla said the company is excited to build a new Rockwell community in Pampanga through its joint venture with the family behind the successful Nepo Center. Similarly designed to the Rockwell Center in Makati, the residential towers and the mall will be connected via an underground passageway for the community’s convenience. The new Rockwell residential community is targeted to launch in the second half of 2021 and will feature a central clubhouse amenity. Each tower will be 10 to 15 storys with units ranging from one-bedroom to three-bedrooms with sizes from 44 square meters to 142 sqm. The Nepomuceno Group of Companies has investments in education, utility services and real estate. Under the agreement, Rockwell and TGN shall mainly infuse the capital for the undertaking, while TGN and the Valdes siblings will contribute the land for the project. Rockwell, TGN Realty, and the Valdes siblings who are minority shareholders of the company, shall invest in the project through the purchase and subscription of shares in the joint venture company. Padilla said the prospects of the project are rosy given the completion of infrastructure projects including the expansion of the Clark International Airport and the North-South Commuter Railway that will connect Manila to Clark. The Philippine Competition Commission (PCC) approved the joint venture on Oct. 20. To date, PCC has received 219 notifications and approved 206 M&As (mergers and acquisitions) with a combined worth of P3.98 trillion. https://www.philstar.com/business/2020/10/22/2051291/rockwell-land-develop-pampanga-mixed-use-project
Rockwell Land Corp., the property arm of the Lopez family, expects to raise P6.7 billion in revenues from its planned three-tower residential project in Angeles Pampanga.
Rockwell Land Corp., the property arm of the Lopez family, expects to raise P6.7 billion in revenues from its planned three-tower residential project in Angeles Pampanga. The Lopez family is bringing the Rockwell signature touch up north with its planned mixed-use community in a 3.6 hectare property in the booming province of Pampanga. The project, a joint venture between Rockwell Land and the Nepomuceno group’s TGN Realty, will also feature a retail complex which will be the first Rockwell mall outside Metro Manila. “We are excited to build a new Rockwell community in Pampanga through our joint venture with the family behind the successful Nepo Center,” said Rockwell president Nestor Padilla. The residential component is slated for launch in the second half of next year. Each tower will be 10-15 storeys high with units ranging from one to three-bedroom units ranging from 44 square meters to 142 sqm. Apart from real estate, the Nepomuceno Group of Companies also has interests in education and utilities. Rockwell is aggressively expanding outside Metro Manila. Among its projects in the pipeline is a 30-hectare mixed-use development in Bacolod. Lopez-led Rockwell Land Inc. on Monday said it struck a deal with Juan D. Nepomuceno Realty Group to start the construction of an upscale mixed-use property in Angeles City in Pampanga, which would be the listed company’s first in Central Luzon.
Rockwell Center in Nepo, Angeles is set to launch by the second half of the year with its first residential building being targeted for turnover by the fourth quarter of 2025, and the succeeding buildings to be launched in the years to come, the company said. The 3.6-hectare property will be located at the heart of Nepo Center in Angeles. It will be a mixed-use development, with 4 mid-rise residential buildings and retail areas. “This joint venture between Rockwell Land and Juan D. Nepomuceno Realty Group will cater to Pampanga’s well-heeled market and elevate lifestyle experiences in the region,” the company said. This is the first Rockwell Center outside of Makati. It will also have its own Power Plant Mall, an upscale retail and food and beverage brands. The company said its Pampanga mall will “offer a similar taste of its flagship establishment”. Future residents will also enjoy amenities, such as swimming pools, a function room, fitness gym and a multi-purpose court, as well as ample room for fresh air with a lawn and pocket gardens, dedicating 70 percent of the property to open spaces, the company said. The Philippine Competition Commission in October has approved the deal between the two groups. In the proposal, Rockwell and the Nepomuceno’s TGN Realty Corp., will infuse the capital for the undertaking. TGN and siblings Hilda Aurora N. Valdes, Patrick Adrian N. Valdes and Theresa Gracia N. Valdes will contribute the land for the project. Rockwell, TGN Realty and the Valdes siblings shall invest in the project through the purchase and subscription of shares in the joint venture company that will be called Nepwell Property Management Inc. NepWell was incorporated in 2019 and is the vehicle firm for the transaction under parent firm J Ten Equities Inc. The Nepomuceno property firm was established in 1979 to manage their residential and commercial portfolio across the city. The Nepomuceno Group of Companies have also expanded their interests in retail, utilities, and education since its founding in 1921, which include Nepo Mart, Holy Angel University and Angeles Electric Corp., among others. Rockwell Land Corporation is developing a 3.6-hectare mixed-use community in Angeles, Pampanga which will include a P6.7 billion luxury residential project with a mall component.
In a disclosure to the Philippine Stock Exchange, Rockwell Land said the project will be developed through a partnership with TGN Realty, a part of the Nepomuceno Group of Companies. “We are excited to build a new Rockwell community in Pampanga through our Joint Venture with the family behind the successful Nepo Center,” Rockwell Land President Nestor Padilla said. Bringing the Rockwell signature touch North of Metro Manila, the project will have three residential towers complemented by a retail component which is poised to be the Power Plant Mall in Angeles, the first Rockwell mall outside Metro Manila. ADVERTISINGSimilarly designed to the Rockwell Center in Makati, the residential towers and the mall will be connected via an underground passageway for the community’s convenience. The new Rockwell residential community is targeted to launch in the second half of 2021 and will feature a central clubhouse amenity. Each tower will be 10 to 15 storeys high with units ranging from 1-bedroom to 3- bedrooms sized 44 square meters to 142 sqm. The Nepomuceno Group of Companies has forays into Education, Utility services and Real Estate. Their 15-hectare flagship project, the Nepo Center in Angeles City’s central business district, features retail establishments Nepo Mall, Nepo Mart and NewPoint Mall as well as PEZA registered office towers eNtec1 and eNtec2. ADVERTISINGFuture development in the area can boast of improved accessibility with the completion of infrastructure including the expansion of the Clark International Airport and the North-South Commuter Railway that will connect Manila to Clark. The Philippine Competition Commission gave its approval for the joint venture on October 20, 2020. Upscale developer Rockwell Land Corporation is making its first foray in Central Luzon through a joint venture with the Juan D. Nepomuceno Realty Group. In a statement, Rockwell said the partnership is set to create the first Rockwell Center in Pampanga, at the heart of Nepo Center in Angeles City. The 3.6-hectare property is poised to be a mixed-use development, with four mid-rise residential buildings and retail areas. ADVERTISEMENT In this first Rockwell Center outside of Makati City is where the next Power Plant Mall will rise, there will be curated retail and food and beverage brands that offer a similar taste of its flagship establishment. Future residents will also enjoy world-class amenities such as swimming pools, a function room, fitness gym, and a multi-purpose court, as well as ample room for fresh air with the great lawn and pocket gardens, dedicating 70 percent of the property to open spaces. These signature Rockwell features are complementary to the Nepomuceno Group of Companies’ various offerings. The Juan D. Nepomuceno Realty Group was established in 1979 to manage their residential and commercial portfolio across the city. The Nepomuceno Group of Companies likewise has expanded its interests in retail, utilities, and education since its founding in 1921, which include Nepo Mart, Holy Angel University, and Angeles Electric Corporation, among others. ADVERTISEMENT Its diversified business segments have greatly contributed to Angeles’ transformation into the first chartered city in the region. ADVERTISINGRockwell Center in Nepo, Angeles is set to launch by the second half of 2021 with its first residential building targeting turnover by the fourth quarter of 2025, and the succeeding buildings to be launched in the years to come. This joint venture between Rockwell Land and Juan D. Nepomuceno Realty Group will cater to Pampanga’s well-heeled market and elevate lifestyle experiences in the region. Rockwell Land Inc., the real estate arm of the Lopez group, said Monday it will launch by the second half Rockwell Center in Pampanga, its first mixed-use development outside Metro Manila. Rockwell Land said in statement Rockwell Center will rise on a 3.6-hectare mixed-use development in Nepo, Angleles. It will have four mid-rise residential buildings and retail areas. The first residential building is targeted for turnover by the four quarter of 2025 while the succeeding buildings will be launched in the following years. Each tower will rise 10 to 15 stories high, with units ranging from one bedroom to three bedrooms sized at 44 square meters to 142 square meters. The joint venture between Rockwell Land and Juan D. Nepomuceno Realty Group will cater to Pampanga’s well-heeled market and elevate lifestyle experiences in the region. Rockwell Center in Nepo will also have second Power Plant Mall which will have several retail and food and beverage brands that offer a similar taste of its flagship establishment. https://manilastandard.net/business/corporate/353450/rockwell-to-launch-pampanga-project.html
Property developer Rockwell Land Corp. has debuted in Central Luzon with a partnership deal signed with TGN Realty to develop a 3.6-hectare mixed-use community in Angeles, Pampanga.
The project will have three residential towers that will bring in P6.7 billion worth of residential inventory. This will be complemented by a retail component, which is poised to be the Power Plant Mall of Angeles – the first Rockwell mall outside Metro Manila. ADVERTISEMENT Rockwell’s partner, TGN Realty, is part of the Nepomuceno Group of Companies, which has interests in education, utility services and real estate businesses. “We are excited to build a new Rockwell community in Pampanga through our joint venture with the family behind the successful Nepo Center,” Rockwell Land president Nestor Padilla said in a disclosure to the Philippine Stock Exchange on Wednesday. The new Rockwell residential community in Angeles is targeted to be launched by the second half of 2021. Each tower will be 10 to 15 storeys high with units ranging from one bedroom to three bedrooms sized at 44 square meters to 142 square meters. |