The Real Deal Miami

Trump sells name to $150M development in the Philippines

September 09, 2011 12:59PM

Real estate firm Century Properties is teaming up with the Donald Trump brand for a $150 million high-rise residential project dubbed the Trump Tower Manila in the Philippines, the company announced today. Though the building will be 100 percent owned and developed by Century Properties, it will bear Trump’s name, Business Inquirer reported.

The skyscraper, slated for a 3.4-hectare development site known as Century City on the northern end of the Makati central business district, will be approximately 780 feet tall and will have at least 220 units.

Eric Trump, Trump’s son and vice president of development and acquisitions, told Business Inquirer: “Asia has seen such an incredible boom and a tremendous amount of wealth… and we knew that we wanted to continue to expand in the Asian market with the right project.” 

No date has yet been set for the project’s completion. [Business Inquirer]