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Business

Eton eyes sustained growth after strong 2025 performance

Richmond Mercurio - The Philippine Star
Eton eyes sustained growth after strong 2025 performance
Eton Properties president and CEO Kyle Ellis Tan said the company’s focus in 2025 was to strengthen the operating foundations of the business and improve execution across the organization.
STAR / File

MANILA, Philippines — LT Group’s real estate arm Eton Properties looks to keep its momentum going, setting its sights on disciplined and long-term growth after posting strong financial and operational results in 2025.

Eton Properties president and CEO Kyle Ellis Tan said the company’s focus in 2025 was to strengthen the operating foundations of the business and improve execution across the organization.

“The results reflect stronger coordination, more stable recurring income and steady progress on our digital and sustainability agenda. These gains position Eton for long-term, value-driven growth,” he said.

Eton’s net income soared by 256 percent to P758.4 million last year from P212.8 million in 2024, with revenue increasing by four percent year-on-year to P3.3 billion.

The higher revenue came on the back of robust residential sales, sustained recurring income from the leasing portfolio, joint venture marketing fees and right-of-way compensation received from a local government unit.

Residential sales jumped by 46 percent to P731.4 million from the previous year’s P501 million, driven by strong take-up of 68 Roces in Quezon City, Eton Tower Makati and South Lake Village in Eton City, Sta. Rosa, Laguna, alongside the launch of Blakes Tower in Makati.

Leasing remained the company’s primary source of recurring income, with office leasing contributing P1.22 billion, while commercial leasing and residential leasing contributed P405.4 million and P88.7 million, respectively.

In 2025, Eton formalized customer experience as a structured, company-wide discipline, while also establishing stronger governance and compliance controls and advancing its digital transformation.

The company likewise achieved a significant sustainability milestone with the transition of eight residential, commercial and office properties to 100 percent renewable geothermal energy, reducing carbon emissions by more than 21,000 metric tons annually.

ETON PROPERTIES

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