Europe's Largest Pension Asset Manager, APG, invests in Century Properties
Century Properties Inc. (CPI), recently announced that the APG , one of the largest global pension asset managers based in the Netherlands, with EURO 266 billion of assets under management has invested P2.25 billion in Century.
- (1888PressRelease) September 02, 2011 - Century is one of the most recognized real estate brands and one of the most experienced property developers in the Philippines., with experience in property development in the United States.
According to Jose E. B. Antonio, Chairman and CEO of Century, "The investment by APG in Century is a sign of APG's confidence in the Philippine economy over the long term, and APG's trust in the management, track record and vision of Century."
Today, Century is marking the milestone through its partnership with APG. We have built reputable developments that have catered to our discerning clientele over the past 24 years. Now, as we mark our 25th year of operations, the confidence of one of the world's leading institutional investors strengthens the prospects for Century and its various stakeholders.
"The investment of APG will allow Century to capitalize on the current high growth and low inflation enveironment of the Philippines, and allow Century to further expand its business plan of catering to the premium segment of multiple markets, through its delivery of innovative and quality developments". Jose Antonio added.