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Cebu Property Ventures and Development Corporation

Company Description
Cebu Property Ventures and Development Corporation (CPV) was registered with the Securities and Exchange Commission on August 2, 1990 and started commercial operations on September 1, 1996. The Company started as a joint venture corporation between the Province of Cebu and Ayala Land, Inc. The Company’s operations consist of strategic land management (acquisition and estate development), real estate business (commercial land sales residential condominium sales), and commercial business operations and management (retail space lease and office space lease).

CPV is the owner and developer of Cebu I.T. Park (formerly Asiatown I.T. Park), a 27-hectare property complementing the Cebu Business Park. The I.T. Park obtained accreditation from the Philippine Economic Zone Authority as an I.T. Park in 2000.

CPV also hosts business process outsourcing and IT firms in its other properties such as eOffice One and eBloc Towers 1, 2, 3 and 4. The Company also owns The Walk, a retail facility combines with a strong mix of affordable dining options and convenient services, making it the favorite hangout at Cebu I.T. Park and Ayala Land’s joint venture Asian I-Office Properties, in partnership with Avida Land launched Avida Towers Cebu, Avida Towers Riala, and Central Block.

On April 16, 2013, Asian I-Office Properties, Inc. (AOP) became a wholly-owned subsidiary of the Company. AOP topped off eBloc Tower 3 and broke ground for eBloc Tower 4 in October 2013 and by 2017, all towers were fully leased out.

Source: SEC Form 17-A (2017)
Security Information
Sector Property
Subsector Property
Corporate Life 50
Incorporation Date Aug 02, 1990
Number of Directors 7
Stockholders' Meeting as per By-Laws April - any day except holidays
Fiscal Year 12/31 (Month/Day)
External Auditor SyCip, Gorres, Velayo & Company
Transfer Agent Development Bank of the Philippines
Contact Information
Business Address 20th Floor, Ayala Center Cebu Tower, Bohol Street, Cebu Business Park, Cebu City
E-mail Address
Telephone Number (032) 888-3700
Fax Number (032) 231-5300