Office space developers turn cautious amid rising vacancies

NEW OFFICE supply this year could be lower than initially projected as developers avoid overbuilding while they await the recovery of the sector, Colliers Philippines said.

Cybergate Galleria Cebu targets IT-BPM firms

ROBINSONS LAND Corp. (RLC) is targeting information technology-business process management (IT-BPM) firms with its new office building in Cebu City.

SMDC rolls out vaccines to residents, employees

SM DEVELOPMENT Corp. (SMDC) said around 1,200 residents of its four condominiums in Quezon City have been inoculated against the coronavirus disease 2019 (COVID-19), as part of efforts to support the government’s vaccination program.

Ayala opens facilities for gov’t services

SEVERAL Ayala Malls are now hosting government facilities that offer passport services and national ID registration.

Damosa Land ramps up vaccine rollout for employees

DAMOSA LAND, Inc. (DLI) began rolling out coronavirus disease 2019 (COVID-19) vaccines to its employees and their dependents, as part of its parent company Anflo Management and Investment Corporation’s goal to vaccinate 100% of the group’s workforce.

Property sector pins recovery hopes on PHL infrastructure push

THE PROPERTY sector’s recovery is hinged on how quickly the government can build the infrastructure it promised, according to industry heads.  

PHL cold storage sector capacity to grow by 10%

REAL ESTATE services firm Santos Knight Frank said the cold storage sector will be the next popular sector for those investing in the property industry, with a 10% increase expected in the country’s cold storage capacity this year.  

Ridgewood Premier Hotel to open in 2023

NOVEL RESIDENTIAL Concepts, Inc. has introduced an innovative investment package for Ridgewood Premier Hotel, which is set to open by early 2023. 

Construction technologies seen to benefit PHL

RUSSIAN HOMEBUILDER PIK said new construction technologies can be used in the Philippines to deliver sustainable homes. 

Nat’l ID registration center opens in LIMA Exchange

ABOITIZ-LED LIMA Land, Inc. partnered with the Philippine Statistics Authority to open a national ID registration center at the LIMA Exchange in Malvar, Batangas.  

Work-from-home future fades in Asia as offices seek more space

As the pandemic rages in Asia, offices are making a comeback. More companies based in the region expect they will need to increase office space...

Demand for vacation homes rise

GATED RESORT property prices outside Metro Manila have surged in 2021 as the pandemic fueled demand for vacation homes, Leechiu Property Consultants (LPC) said.