August 12, 2025 | 12:00am
MANILA, Philippines — The Aboitiz Group’s LIMA Land Inc. is teaming up with the Yuchengco Group’s Home of Investments (HI) to develop a 184-hectare mixed-use property in Tarlac.
Below the three way partnership, the 184-hectare property owned by HI subsidiary Tarlac Terra Ventures Inc. shall be developed and managed in partnership with LIMA Land.
LIMA Land will function the unique supplier of venture administration, property operations and normal assist companies for the positioning.
HI will maintain a 51-percent stake within the venture, whereas LIMA Land may have 49 %.
HI president and CEO Lorenzo Tan mentioned the venture could be the corporate’s first main enterprise into financial estates.
Tan mentioned that it might be an enlargement of HI’s enterprise pursuits in horizontal property growth, diversifying the group’s property portfolio.
“We intention to offer long-term worth by way of versatile, sustainable and forward-thinking actual property options,” Tan added.
The collaboration will broaden the TARI Property, LIMA Land’s flagship industrial-anchored financial property in Central Luzon, to a complete of 384 hectares by way of the combination of economic, residential and institutional zones to enhance its industrial core.
Upon full growth, the expanded property is projected to generate over 60,000 jobs and function a brand new middle of business and industrial progress in Northern and Central Luzon.
The expanded growth can even improve connectivity and logistical effectivity for property locators by offering strategic entry to the Luisita Entry Highway, a key connector to SCTEX and the broader Luzon expressway community.
LIMA Land president Rafael Fernandez de Mesa mentioned the three way partnership with HI marks a pivotal step within the evolution of the TARI Property, which formally broke floor in Could 2024 and has quickly gained traction as essentially the most energetic and fastest-selling industrial property in Central Luzon.
“What started as a daring imaginative and prescient is now a tangible actuality – we’ve offered over 70 % of our Part 1 stock, secured main locators and are nearing full completion of preliminary growth,” Fernandez de Mesa mentioned.
“This partnership permits us to scale that momentum, integrating mixed-use parts that may additional improve the property’s ecosystem. Collectively, we’re making a dynamic platform for inclusive progress – the place industries thrive, investments translate into actual progress and communities profit from long-term financial alternative,” he mentioned.