Mandaue Land Consortium, the joint-venture partner of the city government, announced that the reclamation can commence “as soon as permits and documentation requirements are obtained.” The firm is part of the Wenceslao Group.
Recurring revenues from land, commercial buildings, and other leasing streams climbed 14 percent year-on-year to ₱899 million, accounting for 84 percent of total revenues.
DM Wenceslao and Associates Inc. (DMW), a developer and landowner behind Aseana City, saw its core net income climb 10 percent to P1.8 billion in 2024, fueled by a sharp rise in leasing revenues.
Integrated property developer D.M. Wenceslao & Associates Inc. (DMW) has secured a 91st percentile ranking (100 being the highest) in the S&P Global Corporate Sustainability Assessment (CSA) for the real estate sector.
D.M. Wenceslao and Associates Inc. (DMW) reported a significant increase in net income for 2023, reaching P7.3 billion or more than triple the P2.1 billion recorded the past year.