Century Properties launches JV company with Mitsubishi
CENTURY PROPERTIES Group, Inc. (CPG) and Japanese conglomerate Mitsubishi Corp. launched last week the newly formed joint venture company PHirst Park Homes, Inc. (PPHI), which is set to introduce 15 masterplanned communities outside Metro Manila to cater to the first home buyer market.
Marriott opens 2nd PHL hotel in Clark Freeport
CLARK FREEPORT, PAMPANGA -- The hospitality sector is catching up with the number of investments coming in to Clark, as the public saw the opening of not only the first five-star hotel in Clark Freeport Zone, but also the first to carry an international brand this month.
Tilemaker Esta Galleria unveils first showroom
AMID STRONG growth in the country’s construction sector, premium tilemaker Esta Galleria, Inc. made its debut in the Philippines, launching a new curated showroom at Glorietta 3, Ayala Center, Makati.
Ayala Land accelerates development of Alviera
PROPERTY giant Ayala Land, Inc. (ALI) is ramping up the development of Alviera in Pampanga, as it plans to focus on the project’s residential and leisure components in the next five years.
Shang Properties launches new condo in Mandaluyong
HIGH-END developer Shang Properties, Inc. launched an exclusive resort-inspired condominium in Mandaluyong City -- the Shang Residences at Wack Wack.
Flexible office spaces seen to continue growing
THE growth of flexible office spaces in Southeast Asia shows no signs of slowing down, with JLL expecting this property segment to account for as much as 30% of corporate portfolios by 2030.
DMCI Homes completes 1st building of Bristle Ridge ahead of schedule
DMCI Homes finished in August the construction of the first building of its Bristle Ridge condominium in Baguio City, and has started turn over of units to owners.
Ayala hops on co-living space trend
AYALA LAND Inc. (ALI) is entering the co-living space business, as it opened The Flats Amorsolo in Makati City.
Demand from Chinese drives up rental rates in Makati, Bay Area
CHINESE employees of offshore gaming companies are pushing rental rates by 30% to 50% higher in some residential condominium properties in the Bay Area and Makati City, as the offshore gaming sector continues to expand in the country.
Bustling condominium sector attracting more suppliers to Philconstruct Mindanao
DAVAO CITY — About 40 new companies joined this year’s Philconstruct Mindanao, pulled in mainly by the flurry of condominium projects in Davao City.
HK’s rich get richer flipping floors in property frenzy
IN Hong Kong, a city of property superlatives, add this one: World capital of flipping office floors.