AREIT Inc. is set to grow into a P177-billion property giant spanning offices, malls and hotels after shareholders approved a P17.3-billion infusion of six Ayala Land Inc. assets.
The Securities and Exchange Commission's approval clears the way for MREIT to finalize the acquisition, which will raise its assets under management to about P122 billion. Together with the P16.2-billion Wave 4 transaction completed earlier this year, the company's asset infusions in 2026 now exceed P43 billion.
Real estate giant SM Prime Holdings Inc. is adding 70,000 square meters of mall space across three key regional markets as the Sy-led property giant bets on growing consumer and business activity outside Metro Manila.
Megawide Construction is putting its fast-build housing model to the test, reaching a key milestone on its first project under the government’s expanded 4PH housing program in less than 10 months.
The Kuok Group’s Shang Properties Inc.’s newest residential developments helped lift first-half earnings, suggesting demand for its luxury projects has remained resilient despite a more challenging property market.
The government should accelerate the issuance of Licenses to Sell (LTS) for residential projects as approval delays threaten to limit housing supply in markets where buyer demand remains strong, according to Colliers Philippines.
SM Prime Holdings Inc. is lining up more than 20 major concerts, sports events and live productions at the newly launched SM Seaside Cebu Arena in 2026, betting on Cebu’s growing role as a destination for live entertainment.