After strong 2024, Italpinas expanding to new locations

Italpinas Development Corp. (IDC), a listed real estate developer of sustainable properties in the Philippines, intends to expand into several new prime locations across the country as it looks to sustain its growth after more than doubling its profit last year.

- By RICHMOND MERCURIO

IDC has set its sights on continuous growth, with plans to expand in Palawan, Boracay, Bataan and Bukidnon.

The company said the new projects aim to deliver its signature eco-friendly, sustainable and innovative developments to further cement its position in the real estate market.

To focus on its core real estate business, IDC has recently announced plans to dispose its entire 25 percent stake in a renewable energy development firm.