{{Short description|Philippine real estate company}} {{Multiple issues|{{notability|1=Companies|date=March 2020}}{{primary sources|date=March 2020}}}} {{Infobox company | name = Araneta Properties Inc. | logo = | logo_size = | type = Public | traded_as = {{Pse|ARA}} | founded = | founders = Gregorio Maria Araneta III | location = 21/F Citibank Tower, Paseo de Roxas cor. Valero St., Salcedo Village, Makati, Philippines | area_served = Philippines | key_people = | net_income = | revenue = | assets = | equity = | website = {{url|https://www.aranetaproperties.com}} }} '''Araneta Properties Inc.''' is a publicly listed real estate company involved in real estate development headed by Gregorio Maria Araneta III, a member of the Araneta family.
==History== The Araneta Properties Inc. was originally incorporated as Integrated Chrome Corporation (INCHROME) on June 15, 1988, with operations involving in Ferrochrome and Chromite smelting. The company stopped its operations in January 1966, and changed its name to Araneta Properties Inc., with the business focusing more on real estate while maintaining its smelting operations.<ref name="Company Information">{{cite web |title=Company Information |url=https://edge.pse.com.ph/companyInformation/form.do?cmpy_id=38 |accessdate=3 March 2020}}</ref>
The Araneta Properties Inc., along with Sta. Lucia Land Inc. signed a joint venture project in developing the Colinas Verdes Estates, a {{convert|230|ha|acre|sp=us}} estates in 2003, involving housing developments and a golf course. In November 2019, Araneta and Sta. Lucia announced an additional {{convert|58|ha|acre|sp=us}} expansion project.<ref name="Araneta, Sta. Lucia Land sign joint venture deal to expand Bulacan project">{{cite news |last= Cigaral |first= Ian Nicolas |title=Araneta, Sta. Lucia Land sign joint venture deal to expand Bulacan project |url=https://www.philstar.com/business/2019/11/29/1972862/araneta-sta-lucia-land-sign-joint-venture-deal-expand-bulacan-project |accessdate= 2 October 2025 |work=philstar.com |archive-url= https://archive.today/20251002132633/https://www.philstar.com/business/2019/11/29/1972862/araneta-sta-lucia-land-sign-joint-venture-deal-expand-bulacan-project |url-status= live |archive-date= 2 October 2025 }}</ref><ref name="The thrill of the north">{{cite news |last1=Mawis-Aliston |first1=Arch Vittoria Lou |title=The thrill of the north |url=https://business.inquirer.net/291292/the-thrill-of-the-north |accessdate=4 March 2020 |work=business.inquirer.net |language=en}}</ref> The company is also involved in the development of Altaraza, a {{convert|120|ha|acre|sp=us}} residential and commercial venture with Ayala Land, both located at San Jose del Monte, Bulacan.<ref name="Morales 2014">{{Cite news |url= https://www.philstar.com/business/2014/03/27/1305420/ali-allots-p7b-new-township-project-bulacan |title= ALI allots P7B for new township project in Bulacan |last= Morales |first= Neil Jerome |date= 27 March 2014 |access-date= 2 October 2025 |work= The Philippine Star |location= Manila |url-status= live |archive-url= https://archive.today/20251002134642/https://www.philstar.com/business/2014/03/27/1305420/ali-allots-p7b-new-township-project-bulacan |archive-date= 2 October 2025 }}</ref> The company now aims to develop a {{convert|140|ha|acre|sp=us}} new financial district in Caloocan, near the MRT 7 project.<ref>{{Cite web|url=https://business.inquirer.net/239538/araneta-eyes-financial-center-burgeoning-caloocan|title=Araneta eyes financial center in burgeoning Caloocan|first=Doris|last=Dumlao-Abadilla|website=business.inquirer.net |archive-url= https://archive.today/20251002132714/https://business.inquirer.net/239538/araneta-eyes-financial-center-burgeoning-caloocan |archive-date= 2 October 2025 |access-date= 2 October 2025 |url-status= live |date= 30 October 2017 }}</ref><ref>{{Cite web|url=https://www.philstar.com/business/2017/10/29/1753679/greggy-araneta-create-caloocans-first-cbd|title=Greggy Araneta to create Caloocan's first CBD|website=philstar.com}}</ref>
On February 21, 2024, Luis Marcos Araneta, husband of Alexandra Rocha is the new president of Araneta Properties Incorporated and Gregorio Araneta III group of companies after resignation of Crisanto Roy Alcid.<ref>{{cite news |last1= Castro|first1=Isagani |title=Greggy Araneta’s son is new president of Araneta Properties|url=https://www.rappler.com/business/greggy-son-luis-marcos-new-president-araneta-properties/ |accessdate=February 23, 2024 |publisher=Rappler |date=February 23, 2024}}</ref>
==References== {{reflist}} Category:Real estate companies of the Philippines Category:Real estate companies established in 1988 Category:Companies based in Makati
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