House of Investments, Inc. (HI) was incorporated in 1959 as an investment bank, the first of such bank to be organized in the Philippines. Through the years, the Company evolved into an investment holding and management company with a diversified portfolio and became one of the four major flagship corporations of the Yuchengco Group of Companies (YGC).
HI undertook a portfolio realignment with a bias for recurring income and growth in 2023. Its core business focus are in the areas of: financial services, property and property services, education, and automotive.
In 2023, HI acquired 77.32% of MICO Equities, Inc. which owns Malayan Insurance Company, Inc. (Non-life Insurance), Inc.; 51% of Sun Life Grepa Financial, Inc. (Life Insurance); and 40% of RCBC Trust Corporation. MICO Equities Inc. is the holding company for investments in non-life insurance through Malayan Insurance Co., Inc. (MICO). It is one of the leading non-life insurance companies in the Philippines with an extensive network of 35 branches and service offices nationwide. Sun Life Grepa Financial Inc., a joint venture with Sun Life Financial (Philippines), has been a top player in the Philippine Insurance Market for over 120 years. RCBC Trust Corporation on the other hand, is a Stand Alone Trust Corporation from the spin-off from RCBC’s trust operations.
HI continues to grow its property portfolio with the acquisition of the 184-hectare property located at Central Techno Park in Luisita Industrial Park, along with 49% of Grepa Realty Holdings, Inc. and its multiple properties, all of which were added to its property portfolio in 2023. In 2022, HI acquired full ownership of A.T. Yuchengco Centre in BGC, Taguig. Currently, HI is developing a 28-storey office building along Sen Gil Puyat Avenue through its 60% stake in San Lorenzo Ruiz Investment Holdings and Services. HI also owns a minority stake in RCBC Realty Corporation, the owner RCBC Plaza. HI also owns 100% of Landev Corporation, which is primarily engaged in property management and project management for the YGC and provides comprehensive security services to leading installations through its subsidiary, Greyhounds Security and Investigation Agency Corp.
HI owns a significant stake in iPeople, inc., which owns the Malayan Education System, Inc. under the name of Mapúa University, Mapúa-Malayan Colleges Laguna, Inc. , Mapúa-Malayan Colleges Mindanao, Inc., Malayan High School of Science, University of Nueva Caceres, and National Teachers College.
HI owns and operates car dealerships under the Honda, Isuzu and Geely brands. The Company’s Honda dealerships are in Quezon Avenue, Manila, and Greenhills as well as one service center in Tandang Sora. Its Isuzu dealerships are in Manila, Commonwealth and Leyte while its Geely dealership is in Manila. HI also holds a minority interest in the Geely distributorship in the Philippines which also owns and operates the flagship dealer in North Edsa and another dealership in Makati.