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Airline, banking, and cigarette magnate Lucio Tan has finally decided to join the burgeoning Philippine real estate sector. Tan is the last of the Chinese-Filipino taipans to enter the business.
Mr. Lucio Tan recently launched his real estate vehicle, Eton Properties, Inc., and announced its plans to develop several properties the tycoon has accumulated over the years.
"We will develop residential condominiums, residential housing, office buildings, condotel, commercial centers, and leisure/retirement projects," a recent Eton newspaper advertisement declared. |
