2

A multi-pronged long term growth strategy

1

Leverage the
integrated platform to
drive value

Strategic
Landbanking

Sustainable Growth

Acquire strategic
landbank to support
long-term growth

Maintain strong
balance sheet,
prudent risk
management,
efficient allocation of
capital and good
corporate
governance practices

Focus on core
products and
markets (Malls,
Residential, Offices,
Hotels and
Convention
Centers)
Embark more on
landmark mixed
use development
projects (Lifestyle
Cities)

2013 annual GDP growth at 7.2%

Services still the major growth driver at 55% of GDP Financial Intermediation
(13.7%). Trade (11.4%) and Real Estate, Renting and Business Activities
(9.8%) supported the uptrend
FY2014 growth forecast adjusted after Yolanda: IMF (6.3%); Standard
Chartered (6.7%); Nomura (6.7%); WB (6.5%)

2013 OFW Remittances at $23Bn*

Standard Chartered still expects OFW remittances to grow by 8.0% - 8.5%

in 2014**

IBPAP: Full time employees to reach 1.3M (+11% annually) with an

estimated revenue of US$ 27.0B (+19% annually) in 2016.

Source : Colliers International; NSCB,

* BSP (cash remittances through

banks); **http://business.inquirer.net

Remaining Inventory Life (Metro Manila)

The available units in the market will last for 2.47 years
This is 38% of the total available inventory in the market.
Deficit of 462,160 units (as of 2011) - Source: UA&P-CRC Study
for the Housing Industry Roadmap

Source : Colliers International

Remaining Inventory Life (Metro Manila)

The available units in the market will last for 0.84 years
This is 2% of the total available inventory in the market.
Deficit of 1,962,077 units (as of 2011) Source: UA&P-CRC Study

for the Housing Industry Roadmap

Project Portfolio as at end Dec 2013

Project Portfolio by end 2018