Nearly three billion pesos flowed into sustainable development last year, fueling a wave of ambitious projects. The funds, originating from the second tranche of a groundbreaking ASEAN green bond, represent a significant commitment to environmentally responsible building.
By the close of 2025, P1.59 billion was directed towards “Project Rock,” a substantial investment signaling large-scale development. “Project Vanilla” received P930.3 million, while “Project Teal” benefited from P50 million, and loans related to the Arthaland Century Pacific Tower received P225 million, leaving a remaining P150 million earmarked for future initiatives.
The initial capital raised – P2.95 billion after expenses – isn’t simply about construction; it’s a strategic allocation designed to both launch eligible green projects and strategically address existing financial obligations. This dual purpose underscores a commitment to both growth and fiscal responsibility.
The decision to issue this second bond, approved in October 2022, involved an initial offering of P2.4 billion, with the potential to expand up to P600 million based on investor demand. This flexibility proved crucial in maximizing the impact of the green bond program.
This latest issuance is part of a larger, P6-billion initiative – a pioneering ASEAN Green Bond program originating from a real estate developer. It established a new benchmark for sustainable financing within the industry, demonstrating a viable path for environmentally conscious construction.
The groundwork for this success was laid in January 2020 with the first tranche, a P2-billion offering that also saw full subscription of an additional P1-billion option. This early confidence validated the potential of green bonds in the Philippine real estate market.
These investments are shaping a diverse portfolio of projects, including the prestigious Arya Residences, the modern Arthaland Century Pacific Tower, the bustling Cebu Exchange, the innovative Savya Financial Center, the serene Sevina Park, and the landmark Lucima. Each project embodies a dedication to sustainable design and construction.
Recent trading activity saw Arthaland shares at P0.415 apiece on January 12, reflecting ongoing investor interest in the company’s commitment to green building and its financial performance.
