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# 1 CONDOMINIUM FOR SALE IN THE PHILIPPINES Empire East Land Holdings Inc. & Megaworld Central Properties Inc. # 1
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# 1 CONDOMINIUM FOR SALE IN THE PHILIPPINES Empire East Land Holdings Inc. & Megaworld Central Properties Inc. # 1
MANILA, Philippines—Andrew Tan is the chief executive officer of Alliance Global Group Inc., a holdings company that has interests in food and beverage, real estate and gaming.
He founded Megaworld Corp. in 1989 and has been its CEO and president since its inception. Megaworld’s projects include Newport City, McKinley West and McKinley Hill, and Eastwood City in Metro Manila.
He is the chairman and president of Megaworld Land, Megaworld Globus Asia, Richmonde Hotel Group International Limited, Megaworld Newport Property Holdings, Mactan Oceanview Properties & Holdings, and Yorkshire Holdings.
He is also chairman of Alliance Global Group Cayman Islands, Empire East Land Holdings, Travellers International Hotel Group, Alliance Global Brands and Emperador Distillers.
Travellers International Hotel Group and partner Genting Hong Kong operate Resorts World Manila, the first integrated tourism estate in the country. Food and beverage arm Emperador Distillers produces Emperador, Generoso and Emperador Light brandies and a line of flavored alcoholic beverages called The Bar.
He serves on the boards of Eastwood Cyber One Corp., Megaworld Cayman Islands, Forbes Town Properties & Holdings, Gilmore Property Marketing Associates, Eastwood Cyber One Corp., Megaworld Central Properties, Raffles & Company, The Andresons Group, Consolidated Distillers of the Far East, Townsquare Development and The Bar Beverage.
He is also vice chairman and treasurer of Golden Arches Development Corp. and Golden Arches Realty Corp., and a director and treasurer of Andresons Global.
Golden Arches Development Corp. operates the quick-service restaurant business under the McDonald’s brand
It was a simple dream that allowed Andrew L. Tan to soar at great heights.
The self-made tycoon, who recently landed on the fourth spot of the prestigious list of Forbes’ richest Filipinos with a net worth of US$2 billion, reveals that all he ever wanted then was to just have a small grocery store.
“While I was in college, the families of some of my classmates owned textile stores, others hardware stores. My dream then was to own and operate a small grocery store,” Tan says in an exclusive interview with Inquirer Property.
In fact, his father, who was a humble worker at a transistor radio factory and the sole breadwinner of the family, only wanted Tan to “study hard and be like the people” who wear barong Tagalog and work for the banks along old Escolta.
He founded Megaworld Corp. in 1989 and has been its CEO and president since its inception. Megaworld’s projects include Newport City, McKinley West and McKinley Hill, and Eastwood City in Metro Manila.
He is the chairman and president of Megaworld Land, Megaworld Globus Asia, Richmonde Hotel Group International Limited, Megaworld Newport Property Holdings, Mactan Oceanview Properties & Holdings, and Yorkshire Holdings.
He is also chairman of Alliance Global Group Cayman Islands, Empire East Land Holdings, Travellers International Hotel Group, Alliance Global Brands and Emperador Distillers.
Travellers International Hotel Group and partner Genting Hong Kong operate Resorts World Manila, the first integrated tourism estate in the country. Food and beverage arm Emperador Distillers produces Emperador, Generoso and Emperador Light brandies and a line of flavored alcoholic beverages called The Bar.
He serves on the boards of Eastwood Cyber One Corp., Megaworld Cayman Islands, Forbes Town Properties & Holdings, Gilmore Property Marketing Associates, Eastwood Cyber One Corp., Megaworld Central Properties, Raffles & Company, The Andresons Group, Consolidated Distillers of the Far East, Townsquare Development and The Bar Beverage.
He is also vice chairman and treasurer of Golden Arches Development Corp. and Golden Arches Realty Corp., and a director and treasurer of Andresons Global.
Golden Arches Development Corp. operates the quick-service restaurant business under the McDonald’s brand
It was a simple dream that allowed Andrew L. Tan to soar at great heights.
The self-made tycoon, who recently landed on the fourth spot of the prestigious list of Forbes’ richest Filipinos with a net worth of US$2 billion, reveals that all he ever wanted then was to just have a small grocery store.
“While I was in college, the families of some of my classmates owned textile stores, others hardware stores. My dream then was to own and operate a small grocery store,” Tan says in an exclusive interview with Inquirer Property.
In fact, his father, who was a humble worker at a transistor radio factory and the sole breadwinner of the family, only wanted Tan to “study hard and be like the people” who wear barong Tagalog and work for the banks along old Escolta.
Building an empire
But fate seemed to have a different plan for this property tycoon, whose conglomerate now spans across various industries—real estate, food and beverage, quick service and tourism and gaming.
Tan has built, through “hardwork and brand building,” an impressive portfolio through the Alliance Global Group that include Megaworld Corp., Travellers International Hotel Group Inc., Emperador Distillers Inc., Golden Arches Development Corp., Empire East Land Holdings Inc. and Suntrust Properties Inc.
HARDWORK and brand building were Tan’s tools to success.
The more notable of his achievements included putting up Resorts World Manila, the country’s very first integrated tourism estate that opened to the public in August 2009; several IT parks (Eastwood City, McKinley Hill) that served as a hub for the growing business process outsourcing (BPO) industry; and finding strategic locations for McDonald’s branches in the Philippines through Golden Arches—not to mention the numerous infrastructure and residential developments that have since provided thousands of Filipinos what they can call home.
While Tan himself is a “shy billionaire” who has always chosen to stay away from the limelight, his outstanding successes, of course, did not go unnoticed.
Property consultants CB Richard Ellis Philippines and Colliers International, named the Tan-led Megaworld as the Philippines’ top residential condominium developer in more than a decade, and the country’s biggest builder of residential condominium in terms of units completed in 2010, respectively.
Tough choice
But these did not come easy for Tan, who started working for others as a marketing executive.
STANDING tall and proud, Tan at one of Megaworld’s projects, The Eastwood City
“Business was tough when I started my first company. When you don’t have much capital, it is paramount that you exercise your nose a lot, much like a dog that never ceases to sniff out for food. You cannot afford to fail and lose vital resources. That is how you develop an instinct for success,” Tan relates.
He reveals that two weeks after they launched the first Megaworld project in 1989, the bloodiest coup threatened the Cory Aquino administration.
“Considering that Megaworld then was a start-up, the decision to pursue this project was one of the toughest I made,” Tan notes.
“The Asian financial crisis in 1997 also tested me and Megaworld a lot. The crisis especially threatened the real estate industry. Banks were very averse to lending. We were able to overcome this and come out stronger by being innovative. Megaworld launched Eastwood City, our first integrated township project with the live-work-play mantra, in the late 1990s,” he explains.
Today, Eastwood City is what Tan now considered as the “epitome of a successful development: Eastwood City # 1 CONDOMINIUM FOR SALE IN THE PHILIPPINES Empire East Land Holdings Inc. & Megaworld Central Properties Inc. Cyberpark has been named as the No. 1 IT park and counts more than 40,000 employees, while our condo residents enjoy living here, and shoppers love visiting our new Eastwood Mall. Aside from that, we also have the new Eastwood Richmonde Hotel for business and leisure travelers.”
But fate seemed to have a different plan for this property tycoon, whose conglomerate now spans across various industries—real estate, food and beverage, quick service and tourism and gaming.
Tan has built, through “hardwork and brand building,” an impressive portfolio through the Alliance Global Group that include Megaworld Corp., Travellers International Hotel Group Inc., Emperador Distillers Inc., Golden Arches Development Corp., Empire East Land Holdings Inc. and Suntrust Properties Inc.
HARDWORK and brand building were Tan’s tools to success.
The more notable of his achievements included putting up Resorts World Manila, the country’s very first integrated tourism estate that opened to the public in August 2009; several IT parks (Eastwood City, McKinley Hill) that served as a hub for the growing business process outsourcing (BPO) industry; and finding strategic locations for McDonald’s branches in the Philippines through Golden Arches—not to mention the numerous infrastructure and residential developments that have since provided thousands of Filipinos what they can call home.
While Tan himself is a “shy billionaire” who has always chosen to stay away from the limelight, his outstanding successes, of course, did not go unnoticed.
Property consultants CB Richard Ellis Philippines and Colliers International, named the Tan-led Megaworld as the Philippines’ top residential condominium developer in more than a decade, and the country’s biggest builder of residential condominium in terms of units completed in 2010, respectively.
Tough choice
But these did not come easy for Tan, who started working for others as a marketing executive.
STANDING tall and proud, Tan at one of Megaworld’s projects, The Eastwood City
“Business was tough when I started my first company. When you don’t have much capital, it is paramount that you exercise your nose a lot, much like a dog that never ceases to sniff out for food. You cannot afford to fail and lose vital resources. That is how you develop an instinct for success,” Tan relates.
He reveals that two weeks after they launched the first Megaworld project in 1989, the bloodiest coup threatened the Cory Aquino administration.
“Considering that Megaworld then was a start-up, the decision to pursue this project was one of the toughest I made,” Tan notes.
“The Asian financial crisis in 1997 also tested me and Megaworld a lot. The crisis especially threatened the real estate industry. Banks were very averse to lending. We were able to overcome this and come out stronger by being innovative. Megaworld launched Eastwood City, our first integrated township project with the live-work-play mantra, in the late 1990s,” he explains.
Today, Eastwood City is what Tan now considered as the “epitome of a successful development: Eastwood City # 1 CONDOMINIUM FOR SALE IN THE PHILIPPINES Empire East Land Holdings Inc. & Megaworld Central Properties Inc. Cyberpark has been named as the No. 1 IT park and counts more than 40,000 employees, while our condo residents enjoy living here, and shoppers love visiting our new Eastwood Mall. Aside from that, we also have the new Eastwood Richmonde Hotel for business and leisure travelers.”
# 1 CONDOMINIUM FOR SALE IN THE PHILIPPINES Empire East Land Holdings Inc. & Megaworld Central Properties Inc.Delivering the Best Value and #1 condominium for sale in the Philippines to Real Estate Customers- from the Suburbs to the City
Empire East Land Holdings Inc.has perfected the art of synergy. Combining its strengths as a pioneering township developer with its firm commitment to service, it has created a winning formula of value-oriented real estate. As real estate investment moves from the fringe to the core of people's priorities, we are well positioned to provide more value to the market with a growing portfolio of properties,considered as # 1 condominium for sale in the Philippines .
Empire East Land Holdings, Inc. builds landmark residential communities that transform the urban and suburban landscapes. Since 1994, and with a first mover advantage in the middle-income housing segment, the company has built up a portfolio of successful projects- choice settings that bring the benefits of harmony, well-being and value to their residents. Today, through a new breed of community developments, Empire East continues to fashion lifestyles that immerse Filipinos in richer and more rewarding experiences right at home.
Our C.E.O. Andrew L. Tan has started in the real estate industry through the establishment of Megaworld Corporation – An industry leader in real estate and as # 1 condominium for sale in the Philippines . Empire East was once part of this corporation specializing in the creation of affordable condominium ,residential communities for the middle-income market segment. In 1994, Empire East Land Holdings, Inc. has branched out as a independent company rendered more focus on its target stable niche. Soon after, the company was registered officially in the Philippines Stock Exchange proving its strong and concepts such as township developments that seek to create a harmonious neighborhood that functions inter collectively to provide every households' needs.
Empire East Land Holdings Inc.has perfected the art of synergy. Combining its strengths as a pioneering township developer with its firm commitment to service, it has created a winning formula of value-oriented real estate. As real estate investment moves from the fringe to the core of people's priorities, we are well positioned to provide more value to the market with a growing portfolio of properties,considered as # 1 condominium for sale in the Philippines .
Empire East Land Holdings, Inc. builds landmark residential communities that transform the urban and suburban landscapes. Since 1994, and with a first mover advantage in the middle-income housing segment, the company has built up a portfolio of successful projects- choice settings that bring the benefits of harmony, well-being and value to their residents. Today, through a new breed of community developments, Empire East continues to fashion lifestyles that immerse Filipinos in richer and more rewarding experiences right at home.
Our C.E.O. Andrew L. Tan has started in the real estate industry through the establishment of Megaworld Corporation – An industry leader in real estate and as # 1 condominium for sale in the Philippines . Empire East was once part of this corporation specializing in the creation of affordable condominium ,residential communities for the middle-income market segment. In 1994, Empire East Land Holdings, Inc. has branched out as a independent company rendered more focus on its target stable niche. Soon after, the company was registered officially in the Philippines Stock Exchange proving its strong and concepts such as township developments that seek to create a harmonious neighborhood that functions inter collectively to provide every households' needs.