D.M. Wenceslao & Associates Inc. signed a Contract of Lease with St. Luke's Medical Center Inc. for a 13,896sqm parcel of land in Aseana City. The lease period is 50 years commencing in June 2022.

The land lease will bring D.M. Wenceslao's total leased out land to 164,895sqms and will augment its recurring income. St. Luke's Medical Center is recognized as the leading and most respected healthcare institution in the Philippines.

Its two facilities in Quezon City and Global City, Taguig have a combined total of 1,146 rooms, with over 60,000 average in-patient admissions and 2.7 million outpatient consultations annually. In 2003, it was the first hospital in the country and the second in Asia to be accredited by the Joint Commission International--the world's leader in healthcare accreditation and quality improvement. In 2016, it was also the first in the country to be accredited by JCI as an Academic Medical Center Hospital.