Real estate tycoon sentenced to death
Real estate tycoon sentenced to death.....»»
King Cobra bite not ruled out in death of Dalaguete farmer
CEBU CITY, Philippines — Authorities in the town of Dalaguete in southern Cebu cannot conclude yet if the death of a 64-year-old farmer was caused by a king cobra. The Dalaguete Police Station and the Municipal Disaster Risk Reduction and Management Office (MDRRMO) said that the death of the farmer from Barangay Babayongan still needs.....»»
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......»»
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......»»
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......»»
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......»»
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......»»
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......»»
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......»»
SamPan: Making her mark
Samantha Panlilio, eldest daughter of Jose Marcel “Jocel” Panlilio, is embarking on an ambitious career path to revitalize and expand the family’s real estate investments as chief operations officer of both the family’s publicly listed Boulevard Holdings Inc. and Puerto Azul Land Inc., even as she sets a parallel course to build her own beauty line, photography studio, and a furniture business under the brand “House of Marrakesh.”.....»»