Manila House private club to consider expansion after renovations are complete

PRIVATE club Manila House is open to expanding to other cities outside the capital once the current site completes its renovations. “Maybe. People always say...

Dubai golden visas are propping up office market

AT THE HEIGHT of the global pandemic, as Dubai faced an exodus of expatriates and mounting competition from neighboring business hubs, the government opened...

UK home asking prices rise as mortgage relief spurs activity

UK HOME SELLERS increased their asking prices for a second month amid further signs the property market is building momentum after its worst year...

NCR Q1 residential vacancy rate seen at 18%

THE VACANCY RATE for residential property in Metro Manila will likely hit up to 18% in the first quarter of 2024 due to the...

AI boom reawakens Silicon Valley’s housing market

RICHES from the artificial intelligence (AI) boom are reigniting the housing market in California’s Silicon Valley. Open houses in the San Jose area are packed,...

US office buildings remain half empty 4 years after pandemic

FOUR YEARS after coronavirus disease 2019 (Covid-19) filled hospital emergency rooms, closed schools and emptied out cities, US offices remain about half vacant. Office occupancy...

High rates, remote work tipped commercial real estate into crisis

Back when money in the bank was yielding almost nothing, commercial real estate became a haven for investors in need of reliable returns. Then...

DMCI Homes teams up with Marubeni for Pasig project

DMCI Homes and Japanese conglomerate Marubeni Corp. have unveiled a new residential condominium development in Pasig City. The Valeron Tower will soon rise along C-5...

Uneven path to finish Evergrande’s abandoned housing in Chinese city

SHIJIAZHUANG, HEBEI — In the heart of the northern Chinese city of Shijiazhuang, a fence displaying the slogan “Happy Every Day” hides an unfinished...

Cost, complexity remain barriers to green buildings in the Philippines

COST and complexity remain the biggest barriers to the uptake of green buildings in the Philippines, according to the lead of the International Finance...

Aboitiz InfraCapital eyes expansion of The Pods at LIMA

ABOITIZ InfraCapital Economic Estates recently launched The Pods at LIMA, 600-bed dormitory for employees of locator companies operating within LIMA Estate. Several companies operating within...

Westwoods Storeys secures preliminary EDGE certification

PUEBLO DE ORO Development Corp. (PDO) has secured a preliminary EDGE (Excellence in Design for Greater Efficiencies) certification for its Westwoods Storeys project in...