MREIT Inc. is accelerating its expansion plans, securing early regulatory approval for a P16.2 billion asset infusion that strengthens its push for higher and more predictable dividend growth.
Tycoon Edgar Saavedra’s Megawide Construction Corp. is locking in future revenues with a P50 billion order book, signaling stronger visibility and a shift toward more stable, recurring income streams.
Robinsons Land Corp. (RLC) is set to complete a P5-billion expansion and redevelopment of key malls, including its largest shopping center, Robinsons Manila, as the industry giant kicks off the next phase of growth in 2026.
Developers are raising alarm over a new rule requiring them to spend more to fund socialized housing, warning the added burden could push home prices higher at a time when the property market is already grappling with weak sales and rising construction costs.
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.