Retail group says tech shift won’t end Filipinos’ love for malls

THE PHILIPPINE Retailers Association (PRA) said the rise of artificial intelligence (AI) in retail will not lead to the decline of brick-and-mortar stores, countering...

Aboitiz group targets early 2027 for LIMA expansion

ABOITIZ CONSTRUCTION, Inc., the Aboitiz group’s construction arm, said it expects to complete the fourth phase of its LIMA Estate expansion in Batangas within...

Metro Manila office vacancy seen below 10% by 2028

METRO MANILA’S office vacancy rate is projected to drop below 10% by 2028, fueled by the steady expansion of the information technology and business process management (IT-BPM) sector, according to real estate services firm CBRE.

PHL developers tap retiree demand with golf, wellness estates

PROPERTY DEVELOPERS in the Philippines are integrating wellness features and golf courses into estate developments to capture demand from the growing retirement market. Ayala Land...

AGI says 12,000 room key target achievable by 2028

ALLIANCE GLOBAL Group, Inc. (AGI) is on track to reach 12,000 room keys across its key hospitality units by 2028, the company’s president said. “Before...

MICE sector in focus as PHL prepares for ASEAN events

HOSPITALITY INDUSTRY experts expect the Philippines’ hosting of major Association of Southeast Asian Nations (ASEAN) events next year to boost the country’s position as a key player in the region’s meetings, incentives, conferences, and exhibitions (MICE) market.

Avida reports strong take-up, plans more suburban housing

AVIDA LAND Corp., the mid-income residential brand of property giant Ayala Land, Inc. (ALI), is looking to build more homes outside Metro Manila amid...

Developers told to spread risk across locations, segments

PROPERTY CONSULTANTS said Philippine developers should diversify their real estate portfolios across segments and locations to manage risks amid high vacancies. “If you are a...

Megaworld says Cebu tower nearly sold out amid rising expat demand

CEBU — Megaworld Corp. has nearly sold out units at its La Victoria Global Residences in Cebu, with property prices increasing by 71% since the project’s launch in 2018.

SMDC eyes 2029 finish for Pampanga residential project Symphony Homes

SM DEVELOPMENT CORP. (SMDC), the residential arm of SM Prime Holdings, has entered the horizontal housing segment with the launch of Symphony Homes in...

IWG sees work-near-home trend driving expansion in Philippines

MULTINATIONAL office space provider International Working Group Plc (IWG) said it is optimistic about expanding in regional areas in the Philippines as more companies show interest in adopting work-near-home arrangements.

2 RLC hotels in Cebu listed in 2025 Michelin Guide for Hotels

GOKONGWEI-LED Robinsons Land Corp. (RLC), through its hospitality unit Robinsons Hotels and Resorts (RHR), said two of its Cebu-based hotel properties have been listed...