A privately held investment firm controlled by the Antonio family is exploring a potential large-scale development in Palawan that could become a key addition to other high-end projects in its portfolio.
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Jose Antonio Group Inc., chaired by property tycoon Ambassador Jose E.B. Antonio—the founder and executive chair of listed Century Properties Group—is eyeing an upscale, mixed-use development that will incorporate sustainability in its design, a statement showed.
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What is the Jose Antonio Group?
Jose Antonio Group, or JAGI, is the group’s family’s office, which is the entity that manages their personal finances.
A representative said JAGI is a diversified family business with roots in real estate. It also invests in technology and health.
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Why Palawan?
“Our vision is to contribute meaningfully to Palawan’s standing as a premier destination—one that remains pristine, yet continues to evolve as a benchmark for sustainable tourism and investment,” Jose Roberto “Robbie” R. Antonio, CEO of JAGI, said in the statement.
“We are exploring opportunities that will preserve and celebrate Palawan’s ecological and cultural wealth while introducing world-class standards in luxury and responsible development,” he added.
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Sustainable developments
Unlike mass-market developments in places like Bali and Phuket, this venture aims to focus on exclusivity and responsible growth.
The Antonio family, via Century Properties, has a long track record of building high-end properties with world-class partners. These include Trump Tower Manila, Century Spire in collaboration with Armani/Casa, and Milano Residences featuring Versace Home.
Another project by the listed developer is a 56-hectare integrated estate in San Vicente, Palawan, although it was still unclear if this was the JAGI project being referenced.
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Source: InsiderPH
https://insiderph.com/antonio-groups-family-office-teases-landmark-palawan-development
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