EEI Corp., one of the country’s biggest contractors, has secured about P1.6 billion in new construction contracts from Torre Lorenzo Development Corporation, a private developer known for building residential towers and apartments near major universities.
Property payments in the Philippines are entering a new phase as Bank of the Philippine Islands and Ayala Land Inc. roll out Direct Debit, allowing buyers and tenants to automatically settle amortizations, rent and association dues from any participating bank.
Century Properties Group Inc.’s affordable housing arm PHirst is investing about P5.3 billion to develop more than 2,400 homes in General Santos City, its first project in Mindanao.
Megaworld’s swift Embassy Hills success is propelling the developer toward a second ultra-luxury play, with industry insiders pointing to a coveted island setting.
Property giant Ayala Land Inc. posted consolidated net income of P39.1 billion in 2025, up 39 percent from P28.2 billion in 2024, thanks to a combination of revenue growth, cost cuts and a strategic asset sale.
Megaworld Corp. will invest about P10 billion to build new lifestyle malls across its township projects from 2025 to 2026 as it expands retail space toward a one-million-square-meter portfolio target by 2030.