Federico C. Cuervo
Federico C. Cuervo, CPV
Federico C. Cuervo is the President and CEO of Cuervo Valuers & Advisory, Inc. He started his career in real estate working as a real estate agent for R.F.Cuervo Inc. in 1974 while studying Civil Engineering at Mapua Institute of Technology. Currently, he has three (3) real estate licenses, real estate broker (since 1978), real estate appraiser (since 1983) and real estate consultant (since 2001). As president of CV&A, Cuervo specializes in corporate services, property appraisals and advisory. CV&A is a full-service asset solutions provider.
Mr. Cuervo was involved in the property acquisitions of San Miguel Corporation’s brewery sites in Sta. Cruz, Davao del Sur and Sta. Fe, Bacolod City, and La Tondeña’s Distilleria Bago in Negros Occidental. He has also acquired about a dozen sales offices, a port site and the former Bañas Building for SMC in 1994. He also serviced the first two site acquisitions for SHV Makro, the Imelda Ave., Cainta (4 has.) and Imus, Cavite (3.7 has.) sites in 1995. He also sold Sara Lee’s 3-hectare property in Oranbo, Pasig for Php1 Billion in 1996.
As a real estate appraiser, Mr. Cuervo wrote the valuation methodology for the valuation and privatization of Transco, the National Power Transmission Company (2005). He was also the land valuation consultant of ADB in preparing the valuation methodology needed in the Land Acquisition and Resettlement Project (PHI-35166) for the sale of 102 proclaimed government sites nationwide to be sold to it’s about 350,000 urban poor families-occupants (2007). He was also president and COO of Cuervo Appraisers, Inc., (2002 –2007) and is currently a director.
As a real estate consultant, Mr. Cuervo has been preparing property studies such as Highest and Best Use Studies, Market Studies and Project Feasibility Studies. He was also invited to join the World Bank’s TWG for Involuntary Resettlement, the AusAID and WB funded Land Administration and Management Project (LAMP 1 & 2) and the Philippine Stock Exchange TWG for the Philippine REIT Law. Currently, Mr. Cuervo has been advocating the proposed Philippine Agrarian REIT and Business Trust as an alternative to the Comprehensive Agrarian Reform Program.
Mr. Cuervo has been invited to lecture in several real estate conferences for the ASEAN Valuers Association in Ho Chi Minh (2002), Bangkok (2003), Singapore (2004), Kuala Lumpur (2006), Brunei Darussalam (2007), and hosted the AVA conference in Manila in 2005.
Cuervo also spoke in various real estate conferences for Terrapinn, IQPC, the Asian Business Forum in Singapore, Hong Kong and Macau and MAREC in Kuala Lumpur.
Besides Civil Engineering, Cuervo completed a course in property valuation at the University of British Columbia (2003), Canada and INSPEN, Malaysia (2006).