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Ayala open to 'transparent review' of UP Technohub deal amid probe threat

ABS-CBN News
Posted at Jan 20 10:52 PM

Ayala Land on Monday said it welcomes a "transparent review" of its contract with UP for the Technohub complex after Malacañang said it would probe the deal.    Read more »

Agriculture damage caused by Taal eruption reaches P577-M

ABS-CBN News
Posted at Jan 15 12:46 AM

Taal Volcano's eruption is causing widespread damage to agriculture, which has now reached over half a billion pesos. Read more »

Duterte tells Consunjis: Hear Davao tenants or face ban

Arianne Merez, ABS-CBN News
Updated as of Jan 10 09:04 PM

President Rodrigo Duterte said Thursday he would no longer allow property developer DMCI to construct more buildings after one of its condominiums in his hometown Davao City collapsed during an earthquake. Read more »

Century to grow commercial leasing, build mid-rise condos

Michelle Ong, ABS-CBN News
Updated as of Jan 10 02:28 PM

The developer, known for co-branding partnerships with luxury anc celebrity brands like Armani and Trump Tower, recently raised P3 billion from a preferred share sale, said president and CEO Jose Marco Antonio. Read more »

PH property prices rise by over 10% in Q3 2019

ABS-CBN News
Posted at Dec 31 12:00 AM

Families looking to own a home to mark the new decade may have to shell out more as real estate prices rose by over 10 percent this year. Read more »

Minus Trump branding, office buildings boost US president's business

Eric Lipton and Steve Eder, The New York Times
Posted at Dec 26 10:12 AM

With hotel expansion plans thwarted, marquee hotels in New York, Panama and Toronto stripped of the Trump name, and revenues lagging or relatively flat at properties like Doral, rising rent collections at office and commercial properties have provided the Trump Organization a boost. Read more »

AyalaLand denies talks for Sagada properties

ABS-CBN News
Updated as of Dec 23 04:55 PM

AyalaLand has "not entered" into any discussions involving any properties in Sadaga, Mountain Province, its president said Monday.  Read more »

Megaworld eyes P2.5-billion sales from Cavite residential development

ABS-CBN News
Updated as of Nov 20 05:02 PM

The 18-hectare Arden Botanical Village, will have 329 "wide" lot options, the company said in a disclosure to the stock exchange.  Read more »

Young workers opt for co-living amid traffic-choked Metro Manila

ABS-CBN News
Updated as of Nov 09 10:49 AM

MANILA—Many young professionals in the capital region are seeking for co-living facilities near their workplaces than endure hours-long commute, a real estate service company said. Read more »

Robinsons Land income rises 12 percent to P7.3-B

ABS-CBN News
Posted at Nov 05 08:42 PM

Rental income from Robinsons Land Corp's malls, office buildings, hotels and resorts were all up, the company said.  Read more »

How POGOs are helping the economy but driving local homeowners out of their homes

Timi Nubla
Posted at Oct 27 09:36 PM

Condo units that used to cost Php 100,000 per sqm now fetch as much as Php 360,000 per sqm. And POGOs get preferential treatment. “They have a higher budget, pay up to one year in advance, and their checks don’t bounce.” Read more »

Keppel says to invest at least $300 million in 'choice city' Manila next year

ABS-CBN News
Posted at Oct 25 11:40 AM

Singapore's Keppel Land is looking to make another investment in Manila over the next year, said to be as big as its $300-million Podium venture with the SM group. Keppel Philippines Properties president Oh Lock Soon says as more multinationals move to Asia to take advantage of its young population, Manila has emerged as a 'choice city.' Read more »

Hong Kong businessman pays almost $1 million for parking space

Agence France-Presse
Posted at Oct 24 01:45 PM

Hong Kong might be heading for recession after months of violent protests but that hasn't stopped one businessman from forking out almost $1 million for a parking spot.   Read more »

SoftBank in talks to take control of WeWork

Agence France-Presse
Updated as of Oct 22 08:20 AM

Japan-based SoftBank is ready to buy a controlling stake in WeWork, providing the shared office space startup desperately needed funding at a slashed valuation, a source told AFP on Monday.  Read more »

A winning investment for the future

Bristol
Updated as of Oct 07 04:37 PM

Located at Filinvest City’s 'Millionaires’ Row,' Bristol at Parkway Place offers up to 60 percent returns on your investment. Read more »

WeWork founder Neumann: an unconventional leader steps aside

Juliette Michel, Agence France-Presse
Posted at Sep 25 07:16 AM

WeWork co-founder Adam Neumann, whose unconventional approach to business and governance pushed boundaries on Wall Street and Silicon Valley, stepped down as chief executive on Tuesday.  Read more »

SM 'not that concerned' over offshore gaming woes with 'minimal exposure'

Cathy Yang, ABS-CBN News
Updated as of Sep 11 09:56 PM

SM Prime Holdings has “very few” Philippine Offshore Gaming Operations (POGO) take up, while its residential business has “less than 5 percent” of direct sales to buyers from mainland China, SM Investment Corp president and CEO Frederic DyBuncio said. Read more »

Hong Kong protests fuel buyer interest in Australia, New Zealand luxury homes

Mell Chun and Jonathan Barrett, Reuters
Posted at Aug 27 11:02 AM

Hong Kong buying enquiries for expensive Australian and New Zealand homes have ramped up due to anti-government protests in the Chinese-ruled city, according to property agents and real estate data, as wealthy investors look for a safe haven. Read more »

Manila real property tax cuts to start in 2020

Katrina Domingo, ABS-CBN News
Posted at Aug 22 05:02 PM

Real property tax in the capital city will be reduced by 20 percent next year, after Mayor Isko Moreno signed Thursday an ordinance that sought to provide economic relief for Manila residents. Read more »

REITs seen set for take off with regulations in place

ABS-CBN News
Posted at Aug 15 04:10 PM

Real Estate Investment Trusts or REITs are poised to take off this year with regulators set to approve implementing rules as early as September, Philippine Stock Exchange Director Vivian Yuchengco says. For real estate services firm, JLL Philippines, this will help spur investment activity in the property sector. Read more »