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DBP signs MOA with Contempo Property Holdings Inc.

From left: CPHI VP for Operations, Mitone Rivera, CPHI Account Manager Jojie Tajanlangit, CPHI CEO Beverly Dayanan, DBP Manager and Head of Cebu Branch Lorna Gallego, Executive Vice President, Head of Middle Market Group Mario Palou, and Regional Lawyer Atty. Ma. Vita Nunag.

To fast track the development of Bamboo Bay Community, the Development Bank of the Philippines (DBP) signs a memorandum of agreement with Contempo Property Holdings Inc. (CPHI) for a P200M facility for Bamboo Bay Tower One.

Representing DBP at the MOA signing is Lorna Gallego, Manager, Head of Cebu Branch and representing CPHI is CEO, Beverly M. Dayanan.

Shaping communities of affordable homes in Cebu in response to the aspirations of mid-income Filipinos to live a better life among good neighbors in a nurturing, safe and secure environment is what CPHI real estate developer aims.

Bamboo Bay Community, CPHI’s flagship project, was launched in 2013 and has a one-hectare Asian contemporary theme that is master planned tosupport 3 residential towers with a core of resort amenities. While Tower One is right on schedule with its development and its programmed to be turned-over to homeowners by 2015 the Tower Two was launched in January 2014 and will break ground in July this year.

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