Asia Brewery Inc. president Michael Tan is putting money into property developer Havitas Properties.
Tan completed the investment along with five others who are all real estate veterans.
“The founders are excited to have Michael Tan on board. We’ve worked with him in the past and his guidance, insight and experience will be a valuable asset to our company, Jonathan F. Caro, company president and CEO, said.
The others include Alejandro S. Mañalac, Erwin M. de Pedro and David L. Rafael who are joined by Robin H. Karlsen who brings to the team extensive international and local market experience in land acquisitions for international real estate developers.
Mañalac is a recognized industry thought leader with 34 years of consistently leading sellers to top performance in different property organizations. Caro is a business development expert with 30 years of experience in real estate operations and project management. De Pedro has three decades of experience as a marketing practitioner. Rafael is a seasoned commercial real estate executive and currently president and CEO of Aboitiz Land.
The company will initially focus on pocket developments of uniquely-designed vacation homes that have rental income potential. Havitas Properties’ first project, dubbed Aya Hills, is located in Talisay, Batangas set for introduction in the fourth quarter this year.
