Pinnacle to open Cebu office

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CITING the “continuous robust growth in our economy and flourishing real estate market,” property services firm Pinnacle Real Estate Consulting Services Inc. announced it will open an office in Cebu, its first outside Metro Manila.

“Based on our latest market insight report, Metro Cebu, led by Cebu City, is the undisputed secondary market of the Philippines,” the company said in a statement.

Pinnacle explained that costs of living and prices in Cebu are comparable to Metro Manila, and that Cebu is a cultural and education center for the Visayas and Mindanao.

“The Cebu market is practically developed, and some would even say bursting at the seams,” Pinnacle added. “We don’t want to ‘miss the action,’ and would like to set up a regional platform that could serve our existing and future clients in Visayas and Mindanao.”

The opening of Pinnacle’s Cebu office is to be officially announced in a press conference tomorrow (Tuesday) in Cebu.

Pinnacle, which was established in 2005 and has its main office in Makati, offers a full range of real estates services, primarily real estate asset management and brokerage, real estate closing and advisory services, and non-performing loan asset management.

“Our goal is to be the number one real estate management and brokerage services consultant in the Philippines, and we hope to achieve this goal one satisfied client at a time,” the company said.

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