Wider recovery signals new phase for PHL office market — Colliers
AFTER YEARS of turbulence, the Philippine office market is finally gaining ground. The first half of 2025 shows clear signs of a sector that is not only recovering, but recalibrating.
DMCI pushes phase 2 of Mulberry Place with P752-M investment
DMCI HOMES, INC. is allocating P752 million for the second phase of its Mulberry Place residential project in Taguig City, covering the construction of...
South Palms MGallery opens as first five-star hotel in Panglao Shores
PANGLAO, BOHOL — South Palms Resort & Spa Panglao – MGallery Collection has opened as the first five-star hotel in the 50-hectare Panglao Shores estate, aiming to position Bohol as a premier luxury destination with designs rooted in local culture and nature.
Accor to revive Sofitel presence in PHL with Cebu opening
ACCOR GROUP is set to open Sofitel Cebu City by late 2026 or early 2027, marking the return of the Sofitel brand to the...
Metro Manila condo vacancy may drop in 2026
By Joey Roi Bondoc
METRO MANILA’S residential market continues to experience dampened take-up for mid-income condominium projects (priced from P3.2 million to P12 million per unit). This has...
Retail group says tech shift won’t end Filipinos’ love for malls
THE PHILIPPINE Retailers Association (PRA) said the rise of artificial intelligence (AI) in retail will not lead to the decline of brick-and-mortar stores, countering...
Aboitiz group targets early 2027 for LIMA expansion
ABOITIZ CONSTRUCTION, Inc., the Aboitiz group’s construction arm, said it expects to complete the fourth phase of its LIMA Estate expansion in Batangas within...
Metro Manila office vacancy seen below 10% by 2028
METRO MANILA’S office vacancy rate is projected to drop below 10% by 2028, fueled by the steady expansion of the information technology and business process management (IT-BPM) sector, according to real estate services firm CBRE.
PHL developers tap retiree demand with golf, wellness estates
PROPERTY DEVELOPERS in the Philippines are integrating wellness features and golf courses into estate developments to capture demand from the growing retirement market.
Ayala Land...
AGI says 12,000 room key target achievable by 2028
ALLIANCE GLOBAL Group, Inc. (AGI) is on track to reach 12,000 room keys across its key hospitality units by 2028, the company’s president said.
“Before...
MICE sector in focus as PHL prepares for ASEAN events
HOSPITALITY INDUSTRY experts expect the Philippines’ hosting of major Association of Southeast Asian Nations (ASEAN) events next year to boost the country’s position as a key player in the region’s meetings, incentives, conferences, and exhibitions (MICE) market.
Avida reports strong take-up, plans more suburban housing
AVIDA LAND Corp., the mid-income residential brand of property giant Ayala Land, Inc. (ALI), is looking to build more homes outside Metro Manila amid...