Philippine Realty and Holdings Corporation (RLT) was incorporated on July 13, 1981. RLT's main real estate activity since it started operations has been the development and sale of residential/office condominium projects and to a limited extent, the lease of commercial and office spaces. RLT has developed projects such as The Alexandra, The Philippine Stock Exchange Centre, The Alexis, the La Isla, and Casa Miguel. Outside the country, RLT has ongoing projects in Naples and Orlando Florida. RLT's subsidiaries and affiliates consist of PRHC Property Managers, Inc., Tektite Insurance Brokers, Inc., Universal Travel Corporation, Meridian Assurance Corporation, and Alexandra (USA), Inc. These subsidiaries are engaged in various businesses such as property management, insurance brokerage, travel services, non-life insurance, and property development. Source: SEC Form 17-A (2008)