ESDEVCO launches P250-million fitness center

DAVAO CITY — Homegrown developer Escandor Development Corp. (ESDEVCO) recently inaugurated a P250-million gym and fitness center as part of the marketing strategy for its expanded Matina Enclaves condominium project.

Araneta breaks ground on Gateway Mall 2

ARANETA CENTER Inc. (ACI) is undertaking a multibillion-peso expansion of Gateway Mall in Cubao, starting with the construction of Gateway Mall 2, which is set to “redefine the mall experience.”

BPO firms drive demand for office space in Cebu

MORE business process outsourcing (BPO) firms and multinational corporations are locating in Metro Cebu, driving a projected 47% growth in office supply in the next three years, according to real estate consultancy Santos Knight Frank.

Hilton’s new luxury hotel brand is a ghost of Blackstone’s past

HILTON Worldwide Holdings Inc. is getting ready to start a new luxury brand, and its name is one recycled from the past.

PHA taps Leechiu as marketing agent for West Palawan project

PREMIERE Horizon Alliance Corporation (PHA) has tapped real estate services firm Leechiu Property Consultants, Inc. (LPC) as the exclusive marketing agent for its West Palawan township project.

A MoMA curator’s art-filled New York mansion is on sale for $6.5 million

WILLIAM RUBIN (1927-2006), the head of the Museum of Modern Art’s prestigious painting and sculpture department in the 1970s and 1980s, is largely credited with transforming the institution’s collection from a treasure into a powerhouse.

The Bay Area emerges as the fastest-growing business district

THE BAY AREA, a business hub straddling Pasay City and Parañaque City, has regained its position as the fastest-growing office district in Metro Manila, recording a 10% growth in stock during the second quarter of the year.

Calmar Land launches P1-B Lucena residential project

CALMAR LAND Development Corp. is introducing more affordable housing choices for starting families with the launch of its second project under its economic brand, Promesa.

New Ayala Land resort brand

BEACHES ringed by emerald seas are among the top attractions of Huni, an Ayala Land resort brand that recently opened in Northern Iloilo’s Sicogon Island.

Ortigas bags PANAta award for Estancia’s Imaginarium

PROPERTY DEVELOPER Ortigas & Co. was recognized by the Philippine Association of National Advertisers (PANA) with a Bronze Award for Excellence in Marketing Innovation for its Estancia Vast Imaginarium project during the recent PANAta Marketing Effectiveness Awards.

ALI opens co-living development in Makati

REAL ESTATE developer Ayala Land is redefining the co-living trend in Metro Manila with the opening of The Flats. The 15-storey building at Amorsolo St., Makati City features co-living spaces for lease designed to revolutionize the way young urban professionals rent in the city.

Colliers sees more office spaces in Bay Area by 2021

THE MANILA BAY Area is expected to grow its total office stock by 130% by 2021, as tenants look for alternative locations given the lack of office spaces in Metro Manila’s two leading business districts.