Thursday, February 28, 2013

Businessman Alfred Ty has just cooked up a deal with German brand Gaggenau to supply the kitchen appliances at the 45-story Grand Hyatt Residences at Federal Land’s block in Fort Bonifacio Global City.

Gaggenau is to kitchen appliances what Porsches and Lamborghinis are to exotic cars—extremely pricey and cutting edge in design and performance.

Gaggenau refrigerators, cook tops and ovens will be standard equipment in all 220 units of the Grand Hyatt, including the entry-level unit, which sells for a little over P20 million.

The deal was done just in time before the arrival last week of Grand Hyatt’s top brass from Chicago who were in town to comb through every corner of the design plans for the luxury pads.

Grand Hyatt is currently the leader in hotel occupancy and food and beverage services in Asia’s major cities and its officials are making sure that Federal Land’s hotel and condo are up to par with the American hotel brand’s standards.

Residents will enjoy concierge services of the adjacent five-star hotel similar to the lifestyle currently enjoyed by the lucky few living at the Raffles Residences in Makati. But unlike the Raffles, the Hyatt Grand Residences is in a separate tower from the hotel, which provides more security and privacy for its residents. Gil Cabacungan

- See more at: http://business.inquirer.net/109677/electrocuted#sthash.D4eUDSJV.dpuf

Asia United Bank’s net profit grows by 20% due to trading, lending