The investor whose $190 million auction bid won him the world-famous Flatiron Building failed to complete the transaction, and the Manhattan skyscraper may go back on the block if a runner-up also forgoes purchasing rights, a broker said Thursday.
Chinese property giant Country Garden reported its first annual loss in fifteen years on Thursday, blaming persistent headwinds in the property market and the Covid-19 pandemic.
Discovery World, a leisure estate developer and operator owned by the Tiu family, reported a remarkable reduction in its losses, as the Philippine tourism industry gradually recovers.
Ayala Land Inc. (ALI), one of the largest property developers in the Philippines, has successfully raised P6.58 billion through a block sale of shares in AREIT Inc., a real estate investment trust owned by the Ayala family.
Altus Property Ventures Inc. (APVI), a subsidiary of Gokongwei-led Robinsons Land Corp., reported a 57 percent jump in net income last year, propelled by strong rental revenues.
Filinvest Development Corp. (FDC), which is owned by the Gotianun family, is expanding its board in order to tap into additional expertise and knowledge
Filinvest Land Inc. (FLI), the property arm of the Gotianun family, reported a dip in net income for 2022, reflecting the continued challenges of the pandemic era.
MREIT Inc., the real estate investment trust owned by bilyonaryo Andrew Tan’s Megaworld Corp., is set to expand its portfolio with the acquisition of four prime, grade A PEZA-accredited office properties in McKinley West and Iloilo Business Park worth a total of P5.3 billion.
New York’s iconic Flatiron Building — famous for its thin, triangular shape — has sold at auction for $190 million following a court order.
SM Prime Holdings Inc. of the Sy family plans to raise up to P35 billion from the offering of fixed-rate bonds.
Megaworld Corporation of bilyonaryo Andrew Tan, is set to unveil its latest masterpiece in the heart of the picturesque Mactan Newtown in Lapu-Lapu City, Cebu.
Troubled Chinese property giant Evergrande unveiled on Wednesday a long-awaited restructuring proposal for its massive debts, as it fights off a winding-up court petition brought by creditors in Hong Kong.
The posh Shangri-La Plaza in Mandaluyong is raising parking fees beginning March 22.
Filinvest REIT Corp., the real estate investment trust of the Gotianun family, suffered a decline in net income by 29.6 percent to P1.31 billion in 2022, largely due to the reduction in rental revenue and other income.
Seven storeys above a shopfloor hawking cheap perfume and nylon underwear, Thailand’s “shopping mall gorilla” sits alone in a cage — her home for 30 years despite a re-ignited row over her captivity.
Phinma Property Holdings Corp. (PPHC) of the family of bilyonaryo Ramon del Rosario Jr. is gearing up to create its first-ever mixed-use complex in Bacolod City, marking its entry into the township development space.
Bilyonaryo Lourdes Josephine Gotianun-Yap sat down with executives of the state-owned Land Bank of the Philippines to explore borrowing options to fund future projects under the family’s Filinvest Group of Companies.
Asiabest Group (ABG) has postponed anew its annual stockholders meeting after coming up short with financial reports required by the Securities and Exchange Commission (SEC).
The investor whose $190 million auction bid won him the world-famous Flatiron Building failed to complete the transaction, and the Manhattan skyscraper may go back on the block if a runner-up also forgoes purchasing rights, a broker said Thursday.
Chinese property giant Country Garden reported its first annual loss in fifteen years on Thursday, blaming persistent headwinds in the property market and the Covid-19 pandemic.
Discovery World, a leisure estate developer and operator owned by the Tiu family, reported a remarkable reduction in its losses, as the Philippine tourism industry gradually recovers.
Ayala Land Inc. (ALI), one of the largest property developers in the Philippines, has successfully raised P6.58 billion through a block sale of shares in AREIT Inc., a real estate investment trust owned by the Ayala family.
Altus Property Ventures Inc. (APVI), a subsidiary of Gokongwei-led Robinsons Land Corp., reported a 57 percent jump in net income last year, propelled by strong rental revenues.
Filinvest Development Corp. (FDC), which is owned by the Gotianun family, is expanding its board in order to tap into additional expertise and knowledge
Filinvest Land Inc. (FLI), the property arm of the Gotianun family, reported a dip in net income for 2022, reflecting the continued challenges of the pandemic era.
MREIT Inc., the real estate investment trust owned by bilyonaryo Andrew Tan’s Megaworld Corp., is set to expand its portfolio with the acquisition of four prime, grade A PEZA-accredited office properties in McKinley West and Iloilo Business Park worth a total of P5.3 billion.
New York’s iconic Flatiron Building — famous for its thin, triangular shape — has sold at auction for $190 million following a court order.
SM Prime Holdings Inc. of the Sy family plans to raise up to P35 billion from the offering of fixed-rate bonds.
Megaworld Corporation of bilyonaryo Andrew Tan, is set to unveil its latest masterpiece in the heart of the picturesque Mactan Newtown in Lapu-Lapu City, Cebu.
Troubled Chinese property giant Evergrande unveiled on Wednesday a long-awaited restructuring proposal for its massive debts, as it fights off a winding-up court petition brought by creditors in Hong Kong.
The posh Shangri-La Plaza in Mandaluyong is raising parking fees beginning March 22.
Filinvest REIT Corp., the real estate investment trust of the Gotianun family, suffered a decline in net income by 29.6 percent to P1.31 billion in 2022, largely due to the reduction in rental revenue and other income.
Seven storeys above a shopfloor hawking cheap perfume and nylon underwear, Thailand’s “shopping mall gorilla” sits alone in a cage — her home for 30 years despite a re-ignited row over her captivity.
Phinma Property Holdings Corp. (PPHC) of the family of bilyonaryo Ramon del Rosario Jr. is gearing up to create its first-ever mixed-use complex in Bacolod City, marking its entry into the township development space.
Bilyonaryo Lourdes Josephine Gotianun-Yap sat down with executives of the state-owned Land Bank of the Philippines to explore borrowing options to fund future projects under the family’s Filinvest Group of Companies.
Asiabest Group (ABG) has postponed anew its annual stockholders meeting after coming up short with financial reports required by the Securities and Exchange Commission (SEC).
Monde Nissin led by bilyonaryo Betty Ang took a massive hit on its fake meat business which led to the noodle and biscuit maker’s biggest loss ever.
Former FTX chief Sam Bankman-Fried pleaded not guilty Thursday to five criminal charges recently added by US prosecutors in the government’s sprawling case against the former cryptocurrency wunderkind.
Lucky Me! Instant noodles maker Monde Nissin Corp., helmed by bilyonaryo Betty Ang, is charting a course towards profitability this year after a bruising net loss in the previous year.
China’s economy is showing “strong momentum” despite a challenging global environment, Premier Li Qiang said Thursday, promising to bolster support for business as the country emerges from strict Covid controls that hammered GDP.
Four bankers from a Russian bank’s Swiss branch have been found guilty by a Zurich court over vast sums going into the accounts of a close confidant of President Vladimir Putin.
Recent banking sector turmoil is a reminder that work on reforms remains unfinished, and there is a need to “consider whether deregulation may have gone too far,” US Treasury Secretary Janet Yellen plans to say Thursday.
