EEI Corp. scores ₱1.6-B real estate deals

Listed construction firm EEI Corp. has bagged P1.6-billion worth of real estate deals in the first two months of the year, driving the company’s optimistim to meet its full-year order book target and boost its presence in residential and hospitality construction.

In a regulatory filing, EEI Corp. said it was awarded the construction of Torre Development Corporation’s 21-story 322-unit residential development tower Crown Residences, and the 21-story mixed-use residential tower Crest Suites.

“This is a positive development to start 2026. With these residential and hospitality projects, we push our diversified portfolio further to regional markets and expand our capabilities to build sustainable communities throughout the country,” EEI president and chief executive officer Henry Antonio said.

“This will not only fuel the industry with more jobs but will also help our real estate partners build spaces that elevate the lives of people through innovation,” he added.

EEI is also involved in the installation, constriction, and erection of power generating facilities; oil refineries; chmeical production plants; cement plants; food and verage manufacturing facilities; semiconductor assembly plants; roads, bridges, rail, ports, airports, and elevated expressways, among others.

The company ended the first nine months of 2025 with a P40.890-million net income, lower than the P62.775-million net income in the comparable period of 2024, as revenues increased to P11.616 billion from P11.319 billion. — BAP, GMA Integrated News