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Century Properties Group’s profit drops by 11%

CENTURY Properties Group, Inc. (CPG) saw its profit fall by 10.59% in 2017, in line with its diversification into the affordable housing market in recent years. The Antonio-led property developer reported a P649.9-million net income last year, lower than the P726.9 million it delivered in 2016, according to a regulatory filing on Monday. “Our financial […] The post Century Properties Group’s profit drops by 11% appeared first on BusinessWorld......»»

Category: financeSource: bworldonline bworldonlineApr 16th, 2018

CPG targets double-digit profit growth this year

CENTURY Properties Group, Inc. (CPG) expects to see double-digit growth in net income this year, banking on its diversification into the affordable and leisure segments. The post CPG targets double-digit profit growth this year appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsJun 14th, 2018

Century Properties net income drops in 2017 amid diversification

MANILA, Philippines – Antonio-led Century Properties Group Incorporated  saw its net income fall in 2017 as its expansion into various real estate markets continues. In a disclosure to the Philippine Stock Exchange (PSE) on Monday, April 16, Century Properties reported a total comprehensive income of P649.9 million for full-year 2017, down from ........»»

Category: newsSource:  rapplerRelated NewsApr 16th, 2018

Century Properties books 50% lower profit

MANILA, Philippines – Century Properties Group Inc......»»

Category: financeSource:  philstarRelated NewsNov 15th, 2016

Century Properties to complete P4.5-B office tower in 2019

As part of its expanding office property footprint, Antonio family-led Century Properties Group Inc. (CPG) expects to complete by September 2019 its single biggest office project yet, the P4.5-bill.....»»

Category: newsSource:  philippinetimesRelated NewsSep 14th, 2018

Century Properties taps Leechiu to market P4.5-billion new office building

Century Properties Group Inc. is adding a new office building in its portfolio, the P4.5-billion Century Diamond Tower......»»

Category: financeSource:  philstarRelated NewsSep 12th, 2018

CPG targets P1.5B in recurring revenues by 2020

CENTURY PROPERTIES Group, Inc. (CPG) aims to grow its recurring revenue base to P1.5 billion by 2020, as it completes a mix of office, retail, and hospitality projects during the period. The post CPG targets P1.5B in recurring revenues by 2020 appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsSep 12th, 2018

LTG’s Q2 attributable profit hits P5.3B

LT GROUP, Inc. (LTG) more than doubled its attributable profit during the second quarter of 2018, driven primarily by its banking unit’s sale of acquired properties alongside the stabilization of its tobacco business. The post LTG’s Q2 attributable profit hits P5.3B appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsAug 13th, 2018

Three M& A deals approved by PCC

The Philippine Competition Commission (PCC) recently approved three merger and acquisition transactions in the real estate, housing, and manufacturing markets. In commission decisions dated July 24, the antitrust body approved the acquisition by Alveo Land Corp. of properties from Antel Land Holdings Inc. in Makati City, a joint venture between Century Properties Group Inc. and [...] The post Three M&A deals approved by PCC appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimesRelated NewsJul 25th, 2018

Century Properties to launch P2.8-billion Batangas project

CENTURY Properties Group, Inc. (CPG) is set to launch its second affordable housing project, where it expects to generate P2.8 billion in sales over the next three to five years. The post Century Properties to launch P2.8-billion Batangas project appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsJun 18th, 2018

Century Properties allots P10 billion for housing projects

Century Properties Group Inc., the listed property company of the Antonio family, is pouring P10 billion over the next five years to expand its affordable housing portfolio......»»

Category: financeSource:  philstarRelated NewsJun 15th, 2018

Century Properties to distribute P200M in dividends in July

CENTURY Properties Group, Inc. (CPG) has allocated a total of P200 million in dividends to be distributed to its shareholders by July 6. The post Century Properties to distribute P200M in dividends in July appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsJun 10th, 2018

Century, Mitsubishi sign joint venture deal

Riding on the success of their maiden housing project in Cavite, property developer Century Properties Group Inc. (CPG) and Mitsubishi Corp. signed on Wednesday a deal to create a new joint-venture.....»»

Category: newsSource:  philippinetimesRelated NewsMay 17th, 2018

Century, Mitsubishi to Jointly Build 33,000 Affordable Homes

Property developer Century Properties Group, Inc. (CPG) has teamed up with global business enterprise Mitsubishi Corp. in a joint venture that seeks to deliver some 33,000 affordable housing units to the Philippine market, with PHP57 billion in sales value over the next five years. Capitalizing on the country’s demand for affordable housing, CPG and Mitsubishi […].....»»

Category: newsSource:  metrocebuRelated NewsMay 17th, 2018

CPG, Mitsubishi form JV for affordable housing

By Arra B. Francia, Reporter CENTURY Properties Group, Inc. (CPG) has partnered with Japan’s Mitsubishi Corp. for the establishment of a company that will develop affordable housing projects that are expected to generate P57 billion in sales over the next five years. The listed property developer on Wednesday signed a joint venture (JV) agreement with […] The post CPG, Mitsubishi form JV for affordable housing appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsMay 16th, 2018

New CPG-Mitsubishi venture to build P57B affordable homes

Top CPG and Mitsubishi officials ink deal to create new joint venture Upbeat on their maiden housing project in Cavite, property developer Century Properties Group Inc. (CPG) and Mitsubishi Corp. s.....»»

Category: newsSource:  philippinetimesRelated NewsMay 16th, 2018

CPG eyes P13B from Batulao Artscapes Phase 2

CENTURY Properties Group, Inc. (CPG) expects to generate around P13 billion from sales of the second phase of its Batulao Artscapes project in Nasugbu, Batangas. In a statement, Tim Hallett, president of Century Properties Leisure and Hospitality, Inc., said there is strong demand for the project, which it described as the world’s first “livable art […] The post CPG eyes P13B from Batulao Artscapes Phase 2 appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsMay 15th, 2018

Century Properties eyes P13B from Batulao Artscapes Phase 2

Century Properties Group, through its leisure, tourism and hospitality business unit, is expecting some P13 billion in presales proceeds as it pushes through with the second phase of its Batulao Ar.....»»

Category: newsSource:  philippinetimesRelated NewsMay 15th, 2018

CPG’s PHirst launches project in Lipa, Batangas

CENTURY Properties Group, Inc. (CPG) is developing a 20-hectare project in Lipa, Batangas, under its affordable housing brand PHirst Park Homes. In a statement, CPG said project, located in Barangay San Lucas, Lipa City, will offer 1,867 units with an estimated value of P2.8 billion. “PHirst Park Homes raised the bar in the category of […] The post CPG’s PHirst launches project in Lipa, Batangas appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsMay 10th, 2018

Century Properties pre-sells Batulao Artscapes

MANILA, Philippines — Listed property developer Century Properties Group Inc......»»

Category: financeSource:  philstarRelated NewsDec 11th, 2017

Century forays into leisure with art park in Batangas

Century Properties Group, Inc. (CPG) is expanding into leisure and tourism with the launch of a 54-hectare development in Batangas expected to bring in P19 billion in sales revenues. In a statement over the weekend, CPG said its subsidiary Century Limitless Corporation will develop Batulao Artscapes, described as the “world’s first liveable art park.” Batulao […] The post Century forays into leisure with art park in Batangas appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsNov 26th, 2017