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Richmond Mercurio - The Philippine Star
March 4, 2026 | 12:00am
“This is a positive development to start 2026,” EEI president and chief executive officer Henry Antonio said.
Businessworld / File
MANILA, Philippines — Construction giant EEI Corp. is off to a strong start for 2026 after bagging major real estate construction projects with a combined total of P1.6 billion.
“This is a positive development to start 2026,” EEI president and chief executive officer Henry Antonio said.
The company was tapped for the construction of Torre Lorenzo Development Corp.’s Crown Residences, a 21-story residential tower, and Crest Suites, a 21-story mixed-use development tower, both located in Tierra Davao.
Crown Residences will feature expansive wellness facilities along with 322 residential units.
Crest Suites, a hospitality investment property, will have 16 floors of condominium-hotel units and three floors of residential condominium units, with a combined count of 260 units.
“With these residential and hospitality projects, we will push our diversified portfolio further to regional markets and expand our capabilities to build sustainable communities throughout the country,” Antonio said.
Antonio said the new projects bring EEI closer to meeting its 2026 order book targets and reinforce the company’s presence in the high-growth residential and hospitality construction segments.
With a growing pipeline of projects, EEI expects a year of steady financial performance and successful partnerships with companies in various sectors.
EEI is making a big push for its diversification into real estate development, a move that will form part of its long-term growth strategy to evolve from a pure-play construction company into a fully integrated property and infrastructure developer.
The company is expanding into real estate development by capitalizing on its 139 hectares of land bank in various strategic locations.
Last year, EEI consolidated two wholly owned subsidiaries under EEI Ventures Inc., the company’s designated investment and holding company for its real estate and emerging businesses.
