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In Negros Occidental, young bride gives birth minutes before Valentine’s Day wedding
'It was indeed as double celebration of marriage and life in one sitting,' says Moises Padilla Mayor Ella Celestina Garcia-Yulo, who administered the wedding of the couple at the municipal health office where the bride had just given birth.....»»
Banks ease exposure in real estate in 2023
The exposure of Philippine banks and trust entities to the volatile property segment eased slightly to 20.17 percent of total loans in end-December 2023 from 20.55 percent in end-September last year, data from the Bangko Sentral ng Pilipinas showed......»»
How property prices in Bali have changed and what awaits the market
Over the last year, real estate in Bali has risen in price by 10-20%. However, it is still cheaper than similar resorts in Malaysia, Cambodia, the Philippines and Thailand.Alex Shtefan, founder and owner of the development holding Alex Villas Group, tells us what to e.....»»
How property prices in Bali have changed and what awaits the market
Over the last year, real estate in Bali has risen in price by 10-20%. However, it is still cheaper than similar resorts in Malaysia, Cambodia, the Philippines and Thailand.Alex Shtefan, founder and owner of the development holding Alex Villas Group, tells us what to e.....»»
Philippines realtors set national convention
The National Real Estate Association Inc. and the Department of Human Settlements and Urban Development will convene the country’s top real estate advocates and stakeholders for a two-day national convention on May 16 and 17 at the Ayala Hall of the Makati Sports Club in Salcedo Village, Makati City......»»
Megaworld earmarks P55 billion for 2024 capex
Real estate giant Megaworld Corp. is spending P55 billion for capital expenditures this year to further bolster its expansive portfolio......»»
List or sell? PLDT weighs options on data centers
Telco-to-tech provider PLDT Inc. is open to the possibility of listing a real estate investment trust in the Philippine Stock Exchange, eyeing to raise fresh capital from its data center business for debt payments......»»
Megaworld nets P5.02 billion in Q1
Real estate giant Megaworld Corp. is off to a strong start and is gearing up for sustained growth with new township developments lined up this year......»»
Alveo reservation sales reach record high in Q1
Alveo Land, the brand for upscale properties of real estate developer Ayala Land, is off to a good start this year with record high reservation sales in the first quarte.....»»
JG Summit income triples
Conglomerate JG Summit Holdings Inc. of the Gokongwei family saw a surge in its core profit in the first quarter following strong contributions of its food, real estate and air transport businesses, coupled with the gains realized from its bank merger......»»
Megaworld building P1.2 billion museum in Cebu
Real estate giant Megaworld Corp. is investing P1.2 billion to construct a modern museum inside its 30-hectare The Mactan Newtown in Lapu-Lapu City, Cebu......»»
SM Prime defers $1 billion IPO of REIT unit
There will be no initial public offering happening this year for the real estate investment trust of Sy-led integrated property developer SM Prime Holdings Inc......»»
OSAPIEA chief bares economic reform initiatives at CREBA meet
With the “whole of government approach” adopted by the administration of President Marcos in improving the business climate, “the Philippines is now open for business,” Special Assistant to the President for Investment and Economic Affairs Secretary Frederick Go told real estate industry players during the induction of the new set of officers of the Chamber of Real Estate and Builders’ Associations held recently......»»
GSIS acquires more shares in RCR
State-run pension fund Government Service Insurance System has raised its stake in the real estate investment trust of Gokongwei-led Robinsons Land Corp. over the past two months, bringing it to nearly 8.2 percent......»»
Cebu Landmasters raises P4B in preferred shares offering; plans strategic expansion
Real estate firm Cebu Landmasters Inc. (CLI) has raised more than P4.28 billion through its recent follow-on offering of preferred shares......»»
Chinas First Quarter Results Show Growth Propelled by Factories
The Chinese economy exceeded expectations in the first quarter of this year, growing by 1.6 percent despite the challenges posed by the real estate crisis.....»»
RLC-Hongkong Land JV eyes next Philippines project
Gokongwei-led real estate giant Robinsons Land Corp. and international property development group Hongkong Land are scouting for their next big project in the Philippines following the success of their maiden venture......»»
Filinvest holding firm allots up to P25 billion for 2024 capex
Filinvest Development Corp., the investment holding company of the Gotianun family, plans to invest as much as P25 billion this year to expand its presence in real estate and power generation, as well as support its ongoing digitalization efforts......»»
RLC sells P8.5 billion shares in REIT unit
Robinsons Land Corp., the diversified real estate firm of the Gokongwei family, has sold P8.49 billion worth of shares in RL Commercial REIT Inc., increasing the listed REIT’s public float to 49.95 percent......»»
Sy family invests P5 billion in Megawide affiliate
The Sy family is once again playing a big brother role to a company led by businessman Edgar Saavedra, this time investing in Megawide’s affiliate renewable energy real estate investment trust......»»