Recurring revenues from land, commercial buildings, and other leasing streams climbed 14 percent year-on-year to ₱899 million, accounting for 84 percent of total revenues.
This premium-affordable housing developer, which made an early bet outside Metro Manila, is now seeing its strategy quietly pay off thanks to changing buyer preferences partly shaped by the recent global pandemic.
The office development and leasing arm of Robinsons Land Corp. (RLC), Robinsons Offices offers a network of Grade A, PEZA-registered, and green-certified developments across Metro Manila and key regional cities.
The newly launched facility — CloudStaff’s 21st globally and 14th in the Philippines — is located within Damosa IT Park, the first PEZA-accredited IT park in Southern Mindanao, signaling the company’s confidence in Davao’s skilled workforce and infrastructure.
SM Development Corp. (SMDC), the residential arm of SM Prime Holdings Inc., has unveiled its “Move In Now” program, allowing qualified buyers to move into a fully furnished condo unit in just 90 days—with only a 5-percent spot down payment needed.
Data from the Bangko Sentral ng Pilipinas (BSP) showed a 10.8-percent year-on-year drop in residential real estate loans for new housing during the fourth quarter. This followed double-digit contractions of 15.7 percent in the third quarter and 24.5 percent in the second quarter of last year.
Located within the bustling Robinsons Dumaguete complex in Calindagan, this premium office project is poised to reinforce regional growth and create new economic opportunities in Negros Oriental.
The company is investing P5 billion in SixE-com Center, located within the SM Mall of Asia Complex — underscoring SM Prime’s confidence in the Philippine real estate market amid evolving office space dynamics.
Strategically located along Chino Roces Avenue, Avida Towers Makati Southpoint has attracted both end-users and investors looking for modern residences in the country’s top financial district.