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Sta. Lucia beefing up war chest with P1.5-B BDO loan

September 21, 2025

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The Philippine Star

- Real estate developer

- By RICHMOND MERCURIO

Real estate developer Sta. Lucia Land Ine. is beefing up its war chest in preparation for potential expansion opportunities.

Sta. Lucia said it is working to secure a loan of up to P1.5 billion with BDO Unibank Inc.

Sta. Lucia chief finance officer David dela Cruz told The STAR that the loan would serve as a standby facility just in case the company sees an opportunity.

“Real estate is opportunistic. We're still waiting for interest rates to go down,” he said.

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