New York real estate icons struggle as Omicron surges

This was supposed to be the year New York City restaurants, bars and hotels started to recover from the pain of the COVID-19 pandemic. Now, as the Omicron variant forces flight cancellations and shutters Broadway shows once more, the timeline for a broader industry comeback is again in question.

Singapore home prices surge to highest in more than a decade

SINGAPORE home prices rose in the fourth quarter at the fastest pace in more than a decade, the latest marker of a surge that prompted the government to introduce cooling measures last month.

Davao condominium market remains upbeat

DAVAO CITY — Camella Northpoint, one of the projects here of Villar-led Vista Land & Lifescapes, Inc., continues to be bullish on the condominium market as it recently turned over units in its 5th building.

Damosa Land bullish on growth

DAMOSA LAND, Inc. (DLI) is optimistic on the recovery of the real estate industry, after seeing a rebound in its residential, commercial, and industrial businesses this year.

Summit Hotels expands in Camarines Sur

SUMMIT HOTELS is expanding in Camarines Sur, with the opening of a new hotel in Naga City in January. Summit Hotel Naga, the company’s seventh...

NCCC starts building new mall

DAVAO CITY — Homegrown retail chain New City Commercial Corp. (NCCC) has started construction of a P4-billion shopping mall at the site where an...

BRIEFS (12/21/21)

Rada Promenade offers outdoor dining in Makati   THE MAKATI Commercial Estate Association (MACEA) and Ayala Land, Inc. launched the first phase of a new permanent...

Singapore property curbs may be short-term fix for market

SINGAPORE’S MOVE to introduce property cooling measures may slow down demand and prices in the next six months. But this may just be a...

Return-to-office plans turn ‘shybrid’ with ongoing delays

A NEW wave of COVID uncertainty has again put millions of US workers in limbo about when — or if —  they need to return to the office.

Makati Commerce Tower expected to welcome tenants by 3rd quarter of 2022

MAKATI COMMERCE Tower is on track to welcome its tenants by the third quarter of 2022, according to its developer BPEA (Baring Private Equity Asia) Real Estate.