Colliers to manage Davao tower

DAVAO CITY—Colliers International Group Inc. (CIGI) announced it has been tapped by Euro Towers International Inc. (ETII) to manage the developer’s newest condominium here.

A statement issued by CIGI read that its Real Estate Management Services (REMS) division “has recently marked a partnership with a noted regional developer, [ETII], through a contract signing ceremony held last May 9.” According to CIGI, the partnership pertains to its management of the Vivaldi Residences Davao, one of three residential projects by ETII the other two located both in Quezon City, about 1510.9 kilometers north of here.

Located at the corner of C.M. Recto and Ramon Magsaysay Avenues in the downtown area, Vivaldi Residences Davao is considered the tallest development not only in Davao City, but in Mindanao, CIGI said.

“Rising 100 meters, it offers full and unobstructed views of nearby Samal Island and the Davao cityscape,” the CIGI statement read. “This 36-storey property boasts of top-notch features and amenities, including a hotel-like lobby, kiddie and sky pools, function rooms, jogging path, and a view deck, among others. It offers studio, one-bedroom, and two-bedroom units ranging in size from approximately 22 to 100 square meters, while it also has commercial spaces at the ground floor.”

CIGI said its REMS division began its managerial work on the property last May 16.

The Nasdaq- and Tsx-listed firm said Vivaldi Residences Davao will be added to its roster of properties.

“With Colliers being fully certified by TÜV Rheinland since 2015, all processes that will be implemented are aligned to and compliant with ISO 9001-2015 standards,” it added.

ETII General Manager Francis Albert B. Florido was quoted in the statement as saying that the “partnership with Colliers will further strengthen their company’s position as one of the leading residential developers in the region.”

“We trust that with Colliers’ expertise in the provision of management services, the potential and value of our property will be maximized. Moreover, we believe that the management will be of high standards; thus, delivering quality service to our future occupiers,” Florido said.

Image credits: Colliers International Group Inc.