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Aboitiz offers commercial lots within LIMA Estate in Batangas

Press Release

April 16, 2021

LIMA’s commercial lot offerings within its Central Business District present an opportunity for developers and investors to take part in LIMA’s growth.

LIMA Land, Inc. is launching the next phase of its commercial zone’s transformation, with the introduction of commercial lots.

LIMA Central Business District is LIMA Estate’s 30-hectare commercial area, which houses various commercial components such as The Outlets at Lipa, LIMA Exchange, LIMA Park Hotel, and LIMA Transport Hub. The new commercial lot offering will further boost the Estate’s overall economic activity and support Batangas’ recovery from the COVID-19 pandemic.

LIMA Estate is a 700-hectare Philippine Economic Zone Authority (PEZA) – registered economic zone in Lipa-Malvar, Batangas. Apart from the existing 167 retail, service, and restaurant spaces, 138-room four-star hotel, and  transportation hub, it is also home to 127 industrial locators, over 2,000 households, and more than 58,000 employees.

“LIMA’s commercial zone has evolved very quickly in the past few years. As we continue to transform LIMA Central Business District to further complement our industrial zone, we invite developers and investors to take part in this growth.”

– Rafael Fernandez de Mesa, First Vice President of Aboitiz Integrated Economic Centers

“The launch of our commercial lot offerings paves the way for our vision to turn LIMA Estate into a smart integrated economic center, fully supported by our own ecosystem of services including power, water, and construction, as well as the latest digital technologies. This will open up a new wave of opportunities in the area and bring a higher standard of development and quality to provincial locations,” he added.

LIMA Land is selling four hectares of its commercial lot inventory within LIMA CBD, presenting a unique opportunity for investors who wish to locate in Batangas, a fast-growing economic hub in the Calabarzon region.

Lot sizes range from 1,800 up to 5,000 square meters, ideal for BPO companies, offices, dormitories, condominiums, schools, hospitals, hotels, civic centers, and other commercial uses. These types of establishments will complement existing commercial components in the zone. In this area, LIMA also plans to construct LIMA Tower One, the first of a six-building office complex.

LIMA Central Business District currently houses various commercial components such as The Outlets at Lipa, LIMA Exchange, LIMA Park Hotel, and LIMA Transport Hub.

“This is a great opportunity for like-minded developers and investors. LIMA Estate is projected to grow significantly in the next few years as we expand our footprint to accommodate more industrial locators and commercial developments. It consistently delivers substantial growth and value appreciation since our acquisition six years ago. LIMA is strategically located within an ecozone, with established services and further infrastructure projects lined up that make it more attractive.”

– Nico de Leon, Sales and Leasing Manager of Aboitiz Integrated Economic Centers

LIMA Estate is highly accessible with direct access to freeways, South Luzon Expressway and STAR tollways. It is an hour and a half away from Makati CBD and Ninoy Aquino International Airport, 40 mins. from Alabang, and only 30 minutes away from Batangas International Port.

Residential and lodging options are integrated across the estate with LIMA Park Hotel, The Villages at Lipa, and the Campo Verde and Summer Hills subdivisions. LIMA also boasts of its proximity to 23 universities and colleges within a 10-km radius, including De La Salle Lipa, Batangas State University, University of Batangas, New Era University Batangas, AMA Computer College, and STI College-Lipa.  Meanwhile, inside LIMA CBD itself is Edustria Senior High School by the Far Eastern University and the Technological Institute of the Philippines.

The estate also has wide open spaces, greenery, and a safe environment that is conducive to doing business amid the pandemic and under the new normal.

LIMA Land is managed by Aboitiz InfraCapital, Inc., under its Aboitiz Integrated Economic Centers business unit. Aboitiz is the leading fully integrated economic center developer with a proven track record of over 25 years. Its other estates include the Mactan Economic Zone II in Lapu-Lapu City, Cebu and West Cebu Industrial Park in Balamban, Cebu.

Aboitiz InfraCapital is the infrastructure arm of the Aboitiz Group, one of the country’s leading conglomerates with over 100 years of advancing business and communities. The Aboitiz Group has consistently been recognized as among the best managed companies in the Philippines and in the region.

For inquiries on LIMA’s commercial lot offerings, email sales.leasing@aboitiz.com or call +63 917 779 7964.

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