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NEXTASIA raises P300M for land bank expansion

Business World Philippines

|

June 11, 2026

NEXTASIA LAND, Inc. is expanding its Southern Luzon land bank after securing a P300-million unsecured corporate note facility to support project development and land acquisition.

- Juliana Chloe A. Gonzales

“This transaction is an important step in strengthening our capital structure while maintaining flexibility for future expansion,” Chairman Crispin Y. Carreon said in a statement on Tuesday.

The transaction marks the developer's first debt capital market issuance and involved qualified investors, the company said.

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