Aseana City - pea.gov.ph
Transcript of Aseana City - pea.gov.ph
Aseana City April 2017
Section 1
Proven expertise and capabilities underpinned by a long and established track record of successful projects
2
Over 50 years of experience in the construction industry Long history
Licensed by the Philippine Licensing Board as a "AAA" contractor (highest classification by PCAB) – less than 5%
of construction companies in the Philippines have been awarded such classification High credibility
Completed major construction projects including land reclamation for Aseana City, ports, highways,
bridges and building foundations Well established track record
DMWAI has completed a multitude of projects in numerous fields and disciplines across real estate and construction spaces
and has met all project completion and delivery timetables in the past 5 years
Capabilities expertise
• Integrated range of services and
products covering the entire
development cycle allowing for more
control of execution timetables
• Captures opportunities for the
provision of ancillary citywide
services such as public surveillance
and public transport
Managerial expertise
• Chairman Mr. Delfin J. Wenceslao Jr
‒ Highly influential figure in the
Philippine construction and real
estate industry
‒ Over 50 years of experience
‒ President of Philippine
Constructors Association
• Highly experienced senior
management team with average of
over 20 years of experience in the
construction and real estate industry
Regulatory expertise
• Deep understanding of regulatory
landscape and complex approval
processes
• Excellent relationship with local
governmental and regulatory
authorities
• Enhanced ability to expedite
approval process and facilitate timely
delivery of projects
Cost expertise
• Able to project capex and costs
accurately by leveraging extensive
experience in reclamation and
construction
• DMWAI has invested to secure
construction materials such as
cement
• Centralized procurement and
sourcing
Source: Company information
Real estate development – key operating assets
3
Asset Ownership Description Composition Completion
Total leasable
area (sqm)
Occupancy
(%)(1)
Aseana One 100% 12-storey office
building
Office for lease
(PEZA
accredited)
Jul 2012 20,191 98%
Aseana Two 100% 12-storey office
building
Office for lease
(PEZA
accredited)
Nov 2014 14,315 98%
Aseana Town
Center 100%
2-storey mixed-
use building
Mixed-use for
lease Jan 2012 12,849 100%
Powerstation 100% 3-storey mixed-
use building
Mixed-use for
lease Dec 2005 4,669 97%
S&R 100% 2/F of S&R
Building
Commercial/
Retail Jan 2016 3,785.09 100%
Four completed key
properties in Aseana City
with a total leasable floor
area of 44,377 sqm and
valuation of PHP6.3bn
(1) As at 30 June 2015
Source: Colliers, company information
Top tenants
1
Key business segments
DMWAI Developments
4
• DMWAI intends to retain prime land areas(1) for long-term investment and development of its real estate projects and sell non-core land areas to facilitate the overall
development of Aseana City
• Aim to allocate at least 5,000 sqm of prime land for long-term leasing and 8,000 sqm of non-core land for sale each year
5
(1) Defined as plots bordered by the 3 main avenues: Aseana Avenue, Pres. Macapagal Boulevard and Diokno Boulevard
(2) Based on 1H15 financials
Lessee Term Usage of land Total land area (sqm) Started on
40 years Mixed-use mall and
hotel development 92,317 September 2014
10 years School 4,787 March 2014
Seven Tall Trees Events, Inc.
10 years Events venue 5,857 March 2013
20 years Gasoline service station 5,685 August 2003 and April
2007
10 years
Car dealership 2,599 January 2013
Summary of top 5 land leases
Source: Company information, Colliers
Key business segments (cont’d)
Sales and land leasing 2
DMWAI Land Leases Locators
6
7
One of the top national construction companies in land reclamation, having reclaimed 2,424,834 sqm of land to date
Completed more than 110 projects including 27 large scale and complex government projects
Source: Company information, press release
Over 50 years of operating history and track record in land reclamation and infrastructure construction
Type of construction work done by DMWAI
Type Representative projects
Land reclamation
• Reclaimed 2,040,000 sqm of land in the Central Business Park
• Together with WHI, DMWAI obtained titles to 1,074,714 sqm of land
pursuant to a duly executed Reclamation Agreement
Construction of
infrastructure, roads
and bridges
Trenching and cable-
laying
• Laying of electrical cables from a mainland
power source in various locations
Terms Details
Pile-driving and
foundation works
Housing
Vertical construction
Lucena Fishport Alabang-Zapote
Fly-Over Marala Bridge
Sanville Subdivision Greenville Home
Admin Building of
TPLEX
Aseana
Powerstation
TPLEX
S&R, Aseana Tune Hotels
Key business segments (cont’d)
Land reclamation and construction 3
4
Overview of Aseana City
Section 2
9
The Start….
Aseana City Timeline
10
2003
2004
2012
2014
2008
2003
Entered into first land lease
and commenced recognition
of revenue from leasing of
land to S&R
2012
Completion of Aseana One
2014 Completion of
Aseana Two
2008
All reclamation works
in Aseana City
completed 1998-
2000
1998-2000
Aseana City is
substantially reclaimed.
Infra works commence.
2004
Developed first
commercial real
estate project –
Aseana Powerstation
Building
Source: Company information, press release
1991
1991
Reclamation works for
Aseana City began
2015
Pixel residences starts pre-
selling activities
Aseana 3 commences
construction
Ayala Mall commences
construction
City of Dreams formally
opens
2015-2016
2017
2017 Completion of
Aseana 3
Completion of
Aseana Sq
Aseana City: Our vision
11
Metro Manila’s next major CBD focused on both local and international business and leisure
Natural advantages: To create: DMWAI growth opportunities:
Population
and economy
Proximity to regional economic centres
• 6.9 km to Makati CBD
• 8.5 km to Fort Bonifacio
• 12.4 km to Ortigas Center
Tourism, leisure and
gaming
Local & expat
working population
Domestic
& foreign
professionals
& visitors
Connectivity
Domestic and international transport access
Ninoy Aquino
International Airport
(“NAIA”) Expressway
LRT Line 1 extension
NAIA
(4.1km from Aseana City)
Southwest Integrated
Terminal System
Proximity to iconic lifestyle venues and retail
attractions
Manila Bay Resorts
Office / BPO 1
Residential 3
Retail 2
Future expansion
/ reclamation 5
Convention Centre 4
Proximity to tourism and Meeting, Incentive,
Convention and Exhibition (“MICE”) facilities
Business /
professional
community
Strategic location with key transport links to enhance connectivity
12
LRT Stations LRT Extension NAIA Expressway
Asia World
Redemptionist
Baclaran
MIA
Conveniently located from
the airport and Makati
Fronts both Roxas Boulevard and
historic Manila Bay
Strategically located close to NAIA, the
Makati CBD and Malacañang Palace
Directly neighbouring PAGCOR
Entertainment City
Atracted investments from top national
and international developers and
entertainment groups
Okada
Group
New links to Aseana City from
Airport and Metro Manila
5 – 10 minutes to NAIA via NAIA
Expressway
The extension of LRT Line 1 stops
along Aseana City
Enhanced connectivity to
Manila and Southern provinces
Southwest Integrated
Transport System
Through the Southwest Integrated
Transport System (“SW – ITS”), Aseana City will further be connected with the
southern provinces near Metro Manila
(Cavite, Laguna, Batangas, Rizal and
Quezon)
Source: Company information
Master planned district
for all lifestyles
Balanced locator mix
Global infrastructure &
service standards
Holistic development
Next generation city
13
Source: Company information
Regular
review
Detailed
development
plan
Attractive
tenant mix
Promote
continued
investment
• Update the master plan regularly to
review progress made
• Ensure broad long-term strategies
are appropriately adjusted in view of
macroeconomic developments and
market conditions
• Detailed plan will ensure proper
guidance and progress tracking
• Current plan capitalises on the
anticipated growth in office, retail,
tourism, outlets in neighboring
Entertainment City and Mall of Asia
developments
• Attract a robust mix of quality
tenants and locators
• Balanced tenant or locator mix will
cultivate a vibrant live work play
district that supports commercial,
retail and residential purposes
• Implement key infrastructure such
as standardized citywide services to
enhance livability
• Continually attract top developers
such as Ayala Land to invest in
Aseana City
GLOBAL COMMUNITY URBAN RECREATION
Development strategy
DMWAI aims to develop Aseana City into the next major CBD within Metro Manila with a vibrant live-work-play environment
A
B
C
D
E
G
F
H
K
I
J
L
M
N
O
P
Q
R
T
S
A Subaru Manila Bay B Tune Hotel C Aseana One
E Ford Manila Bay F Singapore School
I Department of Foreign Affairs
H S&R
K Solemare L ASEANA Town Center
J Aseana
Powerstation
M King’s International School
S Ayala Land Solaire T
N Monarch
Parksuites O
St John Paul
Church
P City of Dreams
Manila Q
R Blue Leaf
(1) Includes parking, gas stations, electricity substation
Source: Company information
14
Existing Under development
Aseana Two D
Pixel
Residences G
Overview of Aseana City master plan
U Aseana Square
U
Underground Utility Infrastructure
Aseana Public Transport / Eco Jeeps
16
Source: Company information
17
WALKABILITY
Creating Unique Building Faces- Retail on Ground Floor
map
Sidewalk Size - “If you build it (sidewalks), they (pedestrians) will come..”
MAP
Arcade & Canopy along Bradco Ave
Promoting Social Interaction & Optimum Walkability
Adopted wider standards & future accommodation of pedestrian volume
8.00 MTR
Urban Aesthetics – Exclusive for Pedestrian Markers
Urban Placemaking Strategies between Tune Hotel & Aseana Two
Activate planting as focal points
Pedestrian-friendly interconnection
Lighting on Urban Design Intent
Climate Protection Plan
21
Climate Protection - Arcades & Canopies
22
Implementation
23
map
Public Safety & Security
map
map
Integrated Operations Center, Aseana One
Immediate identification of incidents and rapid response from concerned agencies
map
Urban Aesthetics
MAP
map
Urban Placemaking Strategies between Tune Hotel & Aseana Two
Activate planting as focal points
Pedestrian-friendly interconnection
Lighting on Urban Design Intent
Aseana 2 Canopy
Urban Aesthetics – Landscaping Masterplan
MAP
Activate planting as focal points
Pedestrian-friendly interconnection
Lighting on Urban Design Intent
Urban forest to accommodate breathing space of development
Urban Aesthetics – Landscaping Masterplan
Activate planting as focal points
Pedestrian-friendly interconnection
Lighting on Urban Design Intent
Urban forest to accommodate breathing space of development
Urban Aesthetics - Tree Planting Palette
28
All-inclusive on-ground & above ground access within Aseana
SKYWALK Master Plan & Site Perspective
Long-term Flexibility – SKYWALK & SKY BRIDGE PLAN
Long-term Flexibility – SKYWALK as a CONTINGENCY
Skywalk: All-inclusive above ground access within Aseana
SKYWALK Initial Master Plan SKYWALK Artist’s Perspective
SKYWALK Road Elevation
Phases of Transformation – BRADCO Ave
Walkable Bikable Manila Bike Loop
Environmental Protection Adopt-an-Estero Water Program
Community Outreach Programs Rice Giving/ English Enhacement Programs
Aseana City Realized
35
Future Expansion
36
THANK YOU
37