Picar Development Inc.

Picar Development Inc.

Established in 2007, Picar Development Inc. is the real estate development subsidiary of the AMA Group of Companies, one of the leading Information Technology companies in the Philippines.

PICAR was formed by its visionary chairman, Ambassador Amable R. Aguiluz V, with a corporate strategy to acquire, develop and manage iconic and premium quality real estate development projects in the country. Currently, PICAR’s total land holdings tally at approximately 51.7 hectares of prime commercial and residential tracts in various stages of development and more than $400 million worth of upscale development investments.

Situated along Kalayaan Avenue in Makati City, Picar Place is PICAR’s flagship project envisioned to become Makati’s premier address for luxurious living and global hospitality. Nestled within the exclusive enclave will be The Stratford Residences, the tallest residential building in the Philippines; Buddha Bar-Manila, the biggest establishment of the world’s high-end bar and fine dining restaurant chain; and Movenpick Hotel, the first-ever five-star, Swiss-run international hotel in Metro Manila. Other ongoing developments situated in prime locations around the country will include five-star hotels, upscale to mid-range residential condominiums, technologically-advanced office and commercial developments and self-contained mixed-use communities.

Overall, PICAR’s mission is to build innovative and world-class real estate developments situated in prime locations that provide impeccable customer service.

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