LBP Resources and Development Corporation (LBRDC) is a wholly owned and controlled subsidiary of Land Bank of the Philippines presently engaged in construction, project management, brokering services, and real estate management and development. Then, the LBP Realty Development Corporation (LBRDC) was created in 1975 to serve as an investment diversification for landowners whose properties have been covered by the agrarian reform law, in the form of real estate development and construction. Its major projects since then were: 1) a joint venture with landowners in the development and construction of the Palacio del Gobernador in Malate, Manila, 2) the development of Lumang Bayan Executive Village in Antipolo, 3) the construction of the 4-storey commercial LBRDC Building in Naga City, 4) LB One Condominium in Singalong, Manila, and 5) Grand Garden Villas Subdivision in Dasmariñas, Cavite. LBRDC has expanded its business lines and now offers various facilities maintenance and manpower services such as janitorial and air conditioning unit maintenance.
