Property development firm Shang Properties, Inc. reported on Wednesday “record-breaking” revenue and growth figures for 2023 at its annual stockholder's meeting held the previous day.
Ayala Land, Inc. has successfully acquired the remaining 50% equity interest in Cebu District Property Enterprise Inc. from Aboitiz Land, Inc. and Aboitiz Equity Ventures, Inc. for P1.81 billion.
The Social Security System tripled its REIT investments and is looking to purchase more shares, joining sister pension fund, the Government Service Insurance System, in moves that have energized a sluggish market.
Gokongwei-led property giant Robinsons Land Corp. is preparing a mega P33.9 billion property injection into real estate investment trust arm RL Commercial REIT Inc.
The Soberano family’s Cebu Landmasters Inc. is jacking up spending this year amid strong housing and commercial demand while making plans for its first project in Luzon.
The Sy family’s SM Group is gearing up for major expansion in the hotel and business meetings sector, with plans to build 1,700 hotel rooms over the next four years.