Real estate

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Wednesday, 3 July 2024
22 Jun 2024
12:14PM

INSIDER PROPERTY: Pablo Antonio's 1949 Pasay heritage house is on the market

It's not everyday that one comes across a property for sale designed by and owned by a national artist. So it was, therefore, a surprise to learn that the ancestral house built by Pablo Antonio on 2650 Zamora street in Pasay is on the market, at a gross selling price of P350 million.
30 May 2024
8:28AM

Rockwell Land eyes revenue growth with 90% provincial landbank

Lopez-led Rockwell Land Corp. anticipates steady revenue growth over the next five years, fuelled by a landbank that has expand to 500 hectares.
14 May 2024
5:36PM

AREIT Inc. posts significant net income increase in Q1 2024

AREIT Inc., the real estate investment trust arm of property giant Ayala Land, saw first quarter profits soar 45 percent to P1.47 billion.
8 May 2024
12:43PM

Ayala Land sees 39% first quarter profit spike on strong property sales

The Zobel family-led Ayala Land closed the first quarter of 2024 on a high note as net income jumped 39 percent to P6.3 billion in the first quarter of 2024, driven by robust property sales and consumer activity.
7 May 2024
2:10PM

Alveo sets sales record as Ayala Land pushes upscale real estate growth

Demand for luxury real estate continued to bolster Ayala Land’s performance in the first quarter, with upscale brand Alveo recording its highest-ever sales takeup of P12.7 billion thanks to resilient demand from wealthy buyers.
23 Apr 2024
9:18AM

Tycoon Andrew Tan’s Megaworld Corp. boosts investments in Cebu, Pasig, and Bacolod

Tycoon Andrew Tan’s Megaworld Corp. is boosting investments in Cebu, Pasig and Bacolod after raising P500 million from the sale of shares in subsidiary MREIT Inc.
22 Apr 2024
3:33PM

Megawide turnaround: strong 2023 results driven by construction and real estate

Strong construction and real estate sales helped tycoon Edgar Saavedra’s Megawide Construction Corp. post a turnaround in 2023 amid its gradual exit from the airport business.
12 Apr 2024
11:01AM

Global Estate Resorts marks steady growth, pre-sales back to pre-pandemic level

Tycoon Andrew Tan’s Global Estate Resorts Inc. (GERI), a subsidiary of Megaworld, reported a net income of P2.1 billion in 2023, up slightly due to a shift from higher-margin horizontal to vertical residential projects.
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