The Skysuites Tower
The Skysuites Tower, also known as The Sky Suites Corporate & Residential Towers, is a twin building complex in Quezon City. Construction of the building was on hold for a while after its original owner, Globe Asiatique, got involved in a scam. The new owner, DoubleDragon Properties, acquired the building in 2014 and resumed construction of the building. The complex was completed in 2019.
Construction
Globe Asiatique commenced the construction of the building, then named G.A. Sky Suites, in 2007. Construction of the nearly complete building was put into hold when the G.A. Sky Suites was foreclosed by the Rizal Commercial Banking Corporation in September 2010 after a scam case was filed on Delfin Lee, the owner of Globe Asiatique. Lee was accused of devising ghost borrowers to gain worth of housing loans from Pag-IBIG Fund. The land title of the building was transferred to RCBC in December 2010.In May 2014, DoubleDragon Properties began efforts to acquire the building from RCBC. Double Dragon announced in September 2014 that it has fully acquired the building after a 90 day due diligence period. The building was renamed as The Sky Suites Corporate & Residential Towers, or simply the Skysuites Tower.