The country’s largest Filipino-owned life insurance company appointed Pinnacle Real Estate Consulting Services, Inc., as official leasing broker for its provincial building portfolio across the Philippines. This was announced by the home-grown real estate brokerage recently, following a spate of successful exclusive brokerage deals closed by Pinnacle over the last few months.

The exclusive agreement involves Insular Life’s office buildings located as far north as Laoag to as far south as Davao and Cotabato City. The selected property portfolio currently being managed and marketed by Pinnacle spans 20 office and residential buildings across the Philippines. Four of these properties are located in Pasay, Mandaluyong, Pasig, and Quezon City.

Based on its 2017 Annual Report, Insular Life ranks number 2 in terms of net worth, number 3 in terms of net income and in admitted assets, and number 7 in premium income. The company owns corporate buildings and towers in the cities of Muntinlupa, Makati, and Cebu, in addition to 56 District Offices scattered across the Philippines. Pinnacle Real Estate Consulting Services, on the other hand, is one of the largest real estate brokerage and consulting firms in the Philippines, and the largest home-grown. Managing a portfolio of more than 2,200 unique listings as of November 2018, Pinnacle handles a diverse range of properties, from industrial and developable agricultural lots to houses, condos, and other residential properties. As of this writing, the company has closed property deals worth more than Php2 billion.

Main photo: Insular Life building in Bacolod, Negros Occidental (courtesy of Insular Life)