Empire East Land Holdings, Inc. expects P15 billion to P20 billion capital expenditures in the next five years

Empire East Land Holdings, Inc. expects to spend around P15billion to P20 billion in capital expenditures in the next five years. This would partially fund the cost of development of the Company's projects including Pioneer Woodlands, Little Baguio Terraces, San Lorenzo Place, The Rochester, Kasara and The Sonoma. The Company is focused on maintaining its upward trajectory. In 2011, the Company had reservation sales of Php7.52 billion. In the first quarter of 2012 alone, reservation sales soared to Php3.25 billion, a 121 percent increase from Php1.47 billion in the same period last year. - https://www.affordablecebu.com/