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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 selling 2,000 homes in Nasugbu

Century Properties Group is offering approximately 2,000 homes in its first residential tourism project, Batulao Artscapes in Nasugbu, Batangas......»»

Category: financeSource:  philstarRelated NewsOct 6th, 2018

Century Properties strengthening partnership with Mitsubishi Corp

The Antonio family’s Century Properties Group and Mitsubishi Corp., one of Japan’s biggest sogo shoshas, are looking to expand their partnership beyond the two initial ventures......»»

Category: financeSource:  philstarRelated NewsSep 24th, 2018

Century Properties sets next phase of P2.8-B Lipa project

CENTURY Properties Group, Inc. (CPG) plans to launch the second phase of its P2.8-billion housing project in Lipa, Batangas ahead of schedule, following the brisk take-up of the first set of units in the affordable development. The post Century Properties sets next phase of P2.8-B Lipa project appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsSep 24th, 2018

Century, Mitsubishi investing P28B in mass housing tie-up

PHirst Park Homes, the mass housing venture of Century Properties Group (CPG) and Mitsubishi Corp., has committed to invest P28 billion to roll out a series of master-planned communities outside Me.....»»

Category: newsSource:  philippinetimesRelated NewsSep 23rd, 2018

Century Properties pouring in P28 billion for 15 housing projects outside Manila

Century Properties Group Inc., the listed property developer of the Antonio family, and its partner, global business enterprise Mitsubishi Corp. will pour in P28 billion to build 15 masterplanned communities outside Metro Manila......»»

Category: financeSource:  philstarRelated NewsSep 22nd, 2018

Century Properties, Mitsubishi to spend P28B for affordable housing foray

CENTURY Properties Group, Inc. (CPG) will be spending P28 billion alongside Japanese partner Mitsubishi Corp. for the rollout of 15 masterplanned communities catered toward the affordable housing market through their newly-incorporated firm. The post Century Properties, Mitsubishi to spend P28B for affordable housing foray appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsSep 21st, 2018

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