PALAFOX and Elsal Ventures have formalized a strategic partnership through the signing of a Memorandum of Agreement (MOA) on February 2 at Seda Bonifacio Global City (BGC), setting the framework for collaboration on integrated development opportunities across the Philippines.
The agreement brings together PALAFOX, an architecture, urban planning, and environmental planning firm with global experience, and Elsal Ventures, a real estate and land investment facilitation company. The partnership is positioned to align master planning and sustainable design expertise with land aggregation, investment facilitation, and real estate sourcing, with the shared aim of advancing responsible and future-ready developments.
Architect Felino “Jun” Palafox Jr., founder and managing partner of PALAFOX, underscored the role of collaboration in shaping more resilient and inclusive urban environments. “Partnerships like this allow us to align design excellence with smart land development, ensuring projects are not only profitable, but sustainable, inclusive, and resilient,” he said.
Elsal Ventures chairman and chief executive officer Ernesto L. Salas said the partnership is expected to unlock new development opportunities while strengthening value creation for stakeholders, particularly in projects that support long-term growth and sound urban planning principles.
Key executives from both organizations attended the contract signing, marking the start of a long-term collaboration focused on responsible urban growth and investment-led development initiatives nationwide.
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