Tycoon Manuel Villar Jr.’s Vista Land posted an 11 percent increase in core net income to ₱9.36 billion in 2024, underpinned by improved margins, higher residential sales, and lower operating expenses.
Tycoon Manuel Villar Jr.’s real estate giant Vista Land & Lifescapes Inc. saw steady profit growth during the first nine months of 2024, thanks to resilient demand for projects outside Metro Manila.
Tycoon Manuel Villar Jr.’s Vista Land & Lifescapes Inc. successfully raised P3 billion through a preferred share offering, listing Series 2A and 2B shares on the Philippine Stock Exchange on Friday.
Tycoon Manuel Villar Jr.’s Vista Land & Lifescapes raised P3 billion from a preferred share offer, fully selling out the base portion of the deal while the P2-billion overallotment option was not exercised.
The Villar family-controlled property developer recorded an 11% increase in net income to P6.4 billion for the first half of 2024, the publicly listed firm said in a disclosure Friday morning.
Tycoon Manuel Villa Jr.’s Vista Land & Lifescapes Inc. is raising P3 to 5 billion from the sale of preferred shares from Aug. 20 through Sept. 4 this year.
Tycoon Manuel Villar Jr.’s Vista Land & Lifescapes Inc. will double down on horizontal project launches in provincial areas after reporting an 11 percent profit increase to P3 billion during the first quarter of 2024.