Thursday, 23 January 2025
2 days ago
Consunji’s DMCI needs 1,000 skilled workers to build Cebu condo with largest open space
The Consunji family’s DMCI Homes is hiring over 1,000 skilled workers for its first residential condominium project in Cebu City, Kalea Heights, which will cost P24 billion to build.
2 days ago
Construction tycoon leans on affordable homes to boost 2025 growth: ‘That’s the real backlog’
By: Miguel R. Camus
Tycoon Edgar Saavedra remains optimistic about the real estate sector, staying agile as market trends evolve, despite expectations of a prolonged slump in Metro Manila’s mid-market housing sector due to a persistent oversupply.
3 days ago
Villar swings big, taps international designers for golf course in namesake city
By: Miguel R. Camus
Tycoon Manuel Villar Jr. is turning a portion of the 3,500-hectare Villar City into a tournament-grade golf course with the help of US-based Curley-Wagner Golf Design.
6 Jan 2025
2:18PM
Lance Gokongwei steps down as RLC CEO; 1st female CEO Mybelle Aragon-GoBio named successor
Maria Socorro Isabelle “Mybelle” V. Aragon-GoBio becomes the first female president and CEO of Robinsons Land Corp. (RLC) effective Feb. 1, 2025, as she replaces Lance Gokongwei who relinquishes his executive role in the company.
25 Dec 2024
9:17AM
INSIDER FOCUS: A look into the towering legacy of the Rufino Tower on its 30th year
By: Ramon C. Nocon
Even as newer, taller buildings have risen around it, the Rufino Pacific Tower remains an enduring symbol of progress, that entrepreneurial spirit that reminds us of what can be achieved when brilliant minds come together to bring forth a vision to life.
20 Dec 2024
10:52AM
IMF worried about risks of PH real estate glut, spike in Filipinos’ consumer loans
In a statement released on Friday, the IMF’s Executive Board commended the Philippine government for navigating external challenges, but flagged vulnerabilities in the real estate sector and risks to the broader economy.
17 Dec 2024
10:34AM
Bay Mall completion highlights Liloan’s rise as a BPO and business hub
Vikingland Corp., backed by the Lim family’s Top Line Business Development in Cebu, and the Municipality of Liloan celebrated the topping-off of Bay Mall, a landmark mixed-use development set to open in 2025.
10 Dec 2024
5:48PM
SM Prime CEO says 1st share buyback in decades to ‘correct market mispricing’
By: Miguel R. Camus
SM Prime Holdings (SMPH), the Sy-led property giant, has launched its first share buyback in 22 years, with CEO Jeffrey Lim pointing to the steep drop in the share price as a sign of undervaluation.
10 Dec 2024
4:48PM
Ayala Land raises P2.7B in AREIT sale at 8.6% discount
Ayala Land, Inc. (ALI) has raised approximately P2.7 billion by selling 75 million shares of AREIT Inc. at P36.20 per share—a discount of about 8.6 percent—through a block sale.
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