A significant expansion is underway for TARI Estate in Tarlac, poised to become a major hub for light and medium industries. A joint venture between LIMA Land, Inc. and House of Investments, Inc. has received approval to develop a sprawling 184-hectare property, adding to the estate’s already substantial footprint.
The initial 90-hectare phase of this ambitious project is slated for completion in the latter half of 2026. This first stage will build upon the success of existing tenants like Coca-Cola Europacific Aboitiz Philippines and Ajinomoto Philippines Corp., offering a dynamic environment for growing businesses.
Construction on subsequent phases is already beginning, with a projected completion date of 2028. This accelerated timeline reflects a commitment to meeting the increasing demand from investors eager to establish operations within the estate.
To streamline operations and facilitate trade, dedicated satellite offices for the Bureau of Customs and the Philippine Economic Zone Authority are planned. These facilities are expected to be fully operational by the first quarter of 2027, offering unparalleled convenience for businesses operating within TARI Estate.
The existing first phase of TARI Estate has already been fully sold, with numerous companies actively developing their facilities. This demonstrates the strong appeal of the location and the robust demand for industrial space in the region.
House of Investments, Inc. will hold a majority stake (51%) in the partnership, while Aboitiz Equity Ventures, Inc. will contribute 49%, providing crucial project management, estate operations, and general support services. This collaboration leverages the strengths of both organizations.
The expansion, managed through HI subsidiary Tarlac Terra Ventures, Inc., will bring the total size of TARI Estate to an impressive 384 hectares. This substantial growth underscores the long-term vision for the estate’s development.
Leaders envision a thriving ecosystem where industries can flourish, investments yield tangible results, and communities benefit from sustainable economic growth. The project aims to create a powerful engine for progress in the region.
The venture represents a strategic move for both companies, strengthening House of Investments’ position in horizontal property development and enhancing its overall real estate portfolio. It’s a clear indication of confidence in the future of Philippine industry.
Recent stock market activity saw a slight dip in Aboitiz Equity Ventures shares, closing at P33.60, while House of Investments shares experienced a modest gain, closing at P4.99. These fluctuations reflect the dynamic nature of the market as investors assess the implications of this significant development.
