Tuesday, January 19, 2016

DBP to hold auction on January 28

The Development Bank of the Philippines (DBP) is holding an auction on the bank's acquired real estate assets. 

The auction is scheduled on Thursday, January 28, 2016, at 1:30 p.m. at Suite 5, Executive Lounge, 12th Floor, DBP Head Office Bldg., Sen. Gil Puyat Ave. cor Makati Ave., Makati City.

The properties on auction consist of the following in these locations:

- 28 parcels of individually titled contiguous residential lots

Camarines Sur
- 5 adjoining parcels of residential lots with ice plant with cold storage, office/residential, quadruplex-type, and duplex buildings 

Cotabato City
- 1 commercial lot with 3-story commercial building

Davao City
- 4 contiguous residential/commercial lots with single-story bakeshop/foodhouse, 2-story storage and display, two-story carport, storage and living quarters, two-story lumber shed and storage, and single-story office buildings

- 1 residential lot with two-story residential building

Misamis Oriental
- 2 parcels of adjoining residential/commercial lots with one-story warehouse, one-story admin/office/truck scale, one-story residential building, and solar dryer

Negros Occidental
- 1 residential lot

Occidental Mindoro
- 2 parcels of residential lots with solar drier and perimeter fence
- 1 residential lot

- 81 individually titled lots

DPB will be receiving sealed bids in cash on an as-is, where-is basis. Bidders are reminded to inspect the properties before the auction to determine their condition and to verify the titles thereof. Official bid forms may be procured from DBP branches during office hours. 

Bidders are expected to come on time. No bid shall be accepted once unsealing of bids has commenced. The sale shall be subject to other terms and conditions which may be imposed by the bank.

For more information, please call telephone numbers: 893-7172/892-1566/840-2783 or 818-9511 to 20 local 2117 / 2158 / 2159 / 2163 / 2166 / 2102 / 2167 / 2145.

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