Altus Property Ventures, Inc. Announces Directorate Changes
December 19, 2023 at 07:43 pm EST
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The Board of Directors of Altus Property Ventures, Inc. (APVI) has duly accepted the resignation of Mr. Frederick D. Go as Chairman and member of the Board of Directors of APVI effective January 8, 2024, due to his appointment as Special Assistant to the President for Investment and Economic Affairs. The Board likewise approved the appointment of Mr. Lance Y. Gokongwei as Chairman of the Board of APVI and the appointment of Mr. Joel S. Lumanlan as member of the Board of APVI, effective January 8, 2024.
Altus Property Ventures, Inc. is a Philippines-based real estate company. The Companyâs primary purpose is to engage in the business of selling, acquiring, building, constructing, developing, leasing, and disposing of real estate properties and property development of all kinds and nature. The Company owns and operates the North Wing of a mall, referred to as Robinsons Place Ilocos, located within the compound of Valdez Center along the National Highway, Barangay 1, San Francisco, Municipality of San Nicolas, Province of Ilocos Norte. Robinsons Place Ilocos is situated inside Valdez Center. The center serves as a lifestyle center in Ilocos Norte. The area is characterized by a mixture of commercial and mid-rise residential developments. The mall has a two- level building which houses a department store, a supermarket, and an appliance store. It has a hardware store, a toy store and arcade, and a food court. The Companyâs leasing business segment caters to individuals and corporates.