PICAR DEVELOPMENT, INC. was founded by AMBASSADOR AMABLE R. AGUILUZ V in 2007 as the real estate subsidiary of The AMA Group of Companies. The company's corporate strategy is to acquire, develop, and manage high quality real estate projects all over the Philippines.

Currently, PICAR land holdings total approximately 51.7 hectares of prime commercial and residential tracts in various stages of development, including five (5) star hotel, offices, retail buildings, residential condominiums as well as master-planned residential communities. With more than $400 Million invested in its current upscale commercial and residential developments

Constantly striving for quality and excellence, properties being developed by PICAR are usually aesthetically conceptualized with beautiful landscaping and based on modern contemporary lifestyle. These details are manifested in the company's on-going developments.

PICAR's mission is to build innovative and quality properties at the best locations, deliver projects on time and provide excellent customer service to all its customers. With this in mind, the company strives to become one of the leading property players renowned for building and handling over quality properties ahead of schedule to enable its customers to gain not only faster capital appreciation, but savings as well