Sunday 25 March
Powered by Ajaxy
Dec 27, 2017 @ 19:57

Manny Villar expands retail portfolio


Vista Land & Lifescapes Inc. plans to build 60 more malls in the next three years as part of efforts to further expand its retail portfolio and diversify its revenue stream.

To date, the company, through the Starmalls Group, has 22 malls that cater to the mass market retail consumers in the country.

The group plans to reach new markets to further boost its profitability.

For next year, Vista Land is looking to book a 12 to 15 percent jump in sales and profit, largely to come from its core residential business. The commercial and leasing business is expected to grow by 22 to 25 percent.

Vista Land founder and chairman Manuel Villar Jr. wants Vista land to become one of the leading property developers by 2020.

The group is currently developing 24 master-planned communities across the country.

Also in the pipeline are six hotels which will rise in Boracay, Tagaytay, Balanga in Bataan, Cebu, and Las Pinas.

Tags: , , , , , , , , , , , ,

Related Stories
Integrated property developer Vista Land & Lifescapes Inc. aims to triple its current mall inventory
Vista Land & Lifescapes Inc. of bilyonaryo Manuel Villar successfully raised US$350 million through an
A wholly-owned unit of Vista Land & Lifescapes Inc., will be issuing another tranche of
Vista Land & Lifescapes Inc. grew its nine-month net profit by 12 percent in the


Trending News

Recommended on sister sites

Copyright © 2018 Bilyonaryo - Latest news on the richest Filipinos and Family Business.