Profile: Global-Estate Resorts Inc (GERI.PS)
GERI.PS on Philippine Stock Exchange
Price Change (% chg)
Global-Estate Resorts, Inc. (GERI), formerly Fil-Estate Land, Inc., is engaged in the horizontal development of residential subdivision lots, integrated residential, golf and other leisure-related properties, and vertical development of mixed-use towers in Metro Manila. GERI is also tasked to engage in land acquisitions and to maintain an inventory of raw land for future development. The Real Estate segment pertains to the development and sale of residential and office projects. The Rental segment includes leasing of office and commercial spaces. The Maintenance Services segment relates to maintenance of golf courses. The Corporate and Others segment includes marketing services, general and corporate income and expense items. In June 2014, Megaworld Corp raised its interest to 74.957%, by acquiring a 49.2% interest in GERI.
Global-Estate Resorts Inc
Renaissance Towers, Meralco Aven