EverJust Realty invests in Cebu retirement village

CEBU, Philippines - EverJust Realty Development Corporation announced to start off its plan to build an integrated Retirement Village in Cebu in Consolacion that will be completed in the next five years.

In an interview with EverJust Realty Development Corporation president Justin Uy, he said that the company will utilize its 10-hectare idle lot in Consolacion northern part of Cebu for the construction of the Retirement Village, along with the establishment of a hospital—somewhere in Mandaue City.

 At present, the company is still on a negotiation with a foreign partner and consultant for the development of the Retirement Village, as this needs to be planned carefully, considering that the project is so far the first to be built here.

Uy who is known as a successful exporter in Cebu, through his company Profood International, ventured into the promising real estate business through the establishment of the J Centre shopping mall in Mandaue City. This three-hectare development will also develop integrated facilities that will cater to the Business Process Outsourcing (BPO) sector and tourism. A hotel will be constructed within the J Centre development.

Uy said aside from investing into hotels, of which the company now owns majority share of the Imperial Palace Resort in Mactan, EverJust will also take advantage of the huge retiree market, by investing into the Retirement Village development.

Uy said as soon as the negotiations will be done, on its latest venture on retirement village project, construction will be started.

Uy reiterated the good pool of medical professionals in the country, and the over-supply of nurses should be maximized, thus helping the “brain-gain” bid of the Philippines.

Uy is one of the most successful Cebuano processed food exporters in the country through the Profood International, which exports the dried mango, and other processed food products to other countries.