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The Actual Facts on the Sunvar Case

In light of conversations around the allegations of illegal occupancy, and the government bid to eject Sunvar Realty Development Corporation ( Sunvar ) from the 2.9-­‐hectare property located between De la Rosa and Arnaizstreets in Legazpi Village, we at Sunvar wish to clarify that: ON THE PROPERTY AND EXPANDED LEASE-­‐AREA ·          Back in December 1977, National Power Corporation and the government leased its 125,607 square meters of undeveloped property, located from Bangkalto Dasmarinas Village in Makati City, to Technology Resource Center Foundation Inc. (TRCFI). Sunvar was interested in sub-­‐leasing only 3,000 sq. m. of the TRCFI-­‐leased property to serve as parking and access for its Makati Square shoppers and movie goers. TRCFI, however, insisted on having the entire 22,924 sq. m. property rented by Sunvar. ·          This expanded hectarage would not boost Sunvar’s needed access as this property’s only entrance is a narrow opening facing Arnaiz Street, w
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