DMCI as Triple A builder

January 8, 2010 (The Philippine Star)

MANILA, Philippines - The global economic crisis this past year has inadvertently affected most industries in the Philippines, but such scenario also identified the strengths of reliable companies which have emerged successfully from this tumultuous episode.

Among them is premier Triple A builder/ developer DMCI Homes, which is now considered as a leading player in the real estate industry courtesy of its impressive portfolio of residential developments as well as its track record and heritage in the construction industry.

Managing director Alfredo Austria recently shared with real-estate brokers the company’s resilience in the face of the global crisis. He declared how DMCI Homes was able to achieve its sales targets and turned over an average of 250 homes since January this year. Despite all uncertainties of the global economic crisis since last year, the company rose to the challenge of imposing its advantages within the competitive property industry, further underscoring its reputation as a Triple A builder/ developer.

He also recounted how DMCI Homes has become accustomed to weathering financial crises that threaten its growth period: “DMCI Homes was actually born in the midst of the Asian financial crisis a decade ago, and as such, we are prepared to withstand similar situations and scenarios in the future.”

Austria referred to DMCI founder David M. Consunji as the driving force by which the fledgling company established its roots, buoyed by its mother firm’s construction heritage. After building landmarks and other glittering examples of construction expertise, DMCI Homes was tasked to provide homes for the modest-earning young Filipino families. The company even came up with a personification of this market; “Alfonso.”

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