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CLIMACO REALTY & DEVELOPMENT CORPORATION

The children of the late Jose L. Climaco and Concepcion L. Climaco established a family corporation, Climaco Woodcraft, Incorporated. It was registered with the Securities & Exchange Commission in 1951. Engaged in the exports of rattan furniture, Climaco Woodcraft marketed its products in Asia Europe and the United States of America.

On January 11, 1983, the corporate name was amended to Climaco Furniture Co., Inc. That same year the rattan business continually increased its market in various parts of the world. Climaco Furniture experienced its bulk of sales in 1983.

In spite of the family's success in the furniture business, they decided to venture into real estate development. Hence, in March 1995, the corporate name was amended to Climaco Realty & Development Corporation.

The almost one (1) hectare rattan furniture factory area in Katipunan Street, Tisa, was then converted to a subdivision, the San Agustin Heights. It all started as a dream by the late Agustine L. Climaco. It has become a dream come true. To this day, his family works hard to keep it a reality.

Led by its president, Emmanuel V. Climaco Realty & Development Corporation launched San Agustin Heights in 1997and developed forty-nine (49) quality country-style homes.

Despite the economic crisis of 1997, the company has managed successfully and was able to start a project in Banawa, Cebu City called the SOUTH POINTE MANOR. These houses cater to the upper clientele featuring manor style homes with price ranging from P6 to 6.5M million Pesos. The project has for sale 10 house and lot units in duplex setting. Each unit has a floor area of more or less 240-245 square meters and a land area of 192 and 167 square meter respectively.

On the rise is our new project in Gabi, Cordova called CORDOVA BAY Townhomes. The project sits on a land area of 11,020 square meters and is projected to build more or less 125 houses with an average land area of 48 square meters and a floor area of 58 square meters. These units are to cater to the middle to low income families who dream to have a home of their own.

Climaco Realty and Development Corporation has for its affiliates, RVC Management Corporation, which handles the family's real estate properties.

 
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