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Residential, mall growth boost FLI profit
The real estate developer of the Gotianun clan kicked off the year with a 14 percent increase in profit, picking up growth momentum from the residential and mall segments......»»
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.....»»
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.....»»
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......»»
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.....»»
MREIT income climbs in 2023
MREIT Inc., the real estate investment trust company of Andrew Tan-led Megaworld Corp., reported a 13 percent expansion in distributable income to P2.8 billion last year......»»
Nearly 50,000 UK businesses on verge of collapse - report
Construction and real estate are among the hardest hit sectors, researchers say The number of UK businesses on the brink of bankruptcy skyrocketed by more than a quarter at the end of last year amid a "debt storm" triggered by a series of interest rate hikes, a report from a group of insolvency specialists re.....»»
Start healthy habits this 2024
Known for its big discounts and offers, the Watsons Health and Wellness Expo 2024 inspires a balanced lifestyle......»»
DMCI, Marubeni investing P15 billion for property venture
DMCI Homes of the Consunji family and Japanese trading conglomerate Marubeni Corp. are investing around P15 billion for their real estate joint venture project......»»
EDITORIAL — Trigger for conflict
Owners of real estate have deeds or land titles to prove ownership. In the global neighborhood, there are international rules for setting national borders, delineating land and maritime territories or defining sovereign rights and economic entitlements......»»
Institutionalize space allocation for ICT infrastructure in development projects – think tank
Legislators should adopt a no-lease policy in a pending legislation requiring real estate developers to allocate space for information and communication technology (ICT) infrastructure in all existing and new development projects, according to international think tank Stratbase Institute......»»
Megaworld dumped ~80-M shares of MREIT in block sale
Megaworld disclosed that it sold 79.7 million shares of its REIT subsidiary, MREIT, in a private placement deal that raised P980 million for Andrew Tan’s real estate development company......»»
Megawide’s PH1 investing P5.5 billion for Pasig condo
PH1 World Developers Inc., the real estate arm of engineering company Megawide Construction Corp., is expected to pour in about P5.5 billion for the initial phase of its new residential development in Pasig City......»»
US lends $20 million for housing project
The US government, through its development finance institution, is providing a $20 million loan to real estate investment company Lhoopa Inc. to support an affordable housing project in the Philippines......»»
All Megaworld buildings, malls now carbon neutral
Megaworld Corp., the real estate giant of tycoon Andrew Tan, has achieved carbon neutrality in all its company-owned office and mall developments across the country......»»
AGI infusing P2.6 billion to Megaworld
Andrew Tan’s listed holding company Alliance Global Group Inc. is infusing P2.6 billion into its real estate arm Megaworld Corp. to support future business expansions......»»
ALLHC seeks dominance in cold storage space
AyalaLand Logistics Holdings Corp., the industrial parks and real estate logistics arm of Ayala Land Inc., has set its sights on becoming a formidable player in the cold storage space with a sustained double-digit growth eyed for the business over the medium-term......»»
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......»»