Business Development and Public Listing
Global-Estate Resorts, Inc. (GERI) was incorporated on May 18, 1994 as Fil-Estate Land, Inc. to consolidate the real estate interests and development activities of the Fil-Estate Group of Companies. The Company went public in November 1995 when its common shares were listed in the Philippine Stock Exchange.
In 2011, Alliance Global Group, Inc. (AGI) acquired a majority stake in Fil-Estate Land, Inc. and re-launched the Company as GERI to engage in the development of integrated tourism estates. In 2014, GERI was consolidated under Megaworld Corporation when the latter acquired AGI’s stake in the Company.
Customers and Markets
GERI has a broad market base that consists of end-users and investors, both from the local and foreign markets. The company targets the A and B markets with special niche products such as integrated tourism estates and integrated lifestyle communities with residential, commercial, and leisure components.
GERI develops integrated tourism estates and integrated lifestyle communities with residential, retail, hotel and/or leisure components and with nature as an amenity. These range from residential communities integrated with golf, resort, and leisure and commercial complexes, mixed-use condominium developments, and a business park.
GERI’S key projects include the tourism estates Boracay Newcoast in Boracay, Aklan and Twin Lakes in Laurel, Batangas; integrated lifestyle communities, Eastland Heights in Antipolo, Rizal and The Hamptons Caliraya in Laguna; townships, Southwoods City straddling Biñan, Laguna and Carmona, Cavite; Sta. Barbara Heights, in Sta. Barbara, Iloilo City; and, the residential condominium development, The Fifth, in Ortigas, Pasig City.
as of May 31, 2020