With rents soaring and properties selling fast, the expatriate hub of Dubai is in the throes of a housing boom bolstered by rich emigres that has buoyed investors and burdened tenants.
Occupancy rate in Metro Manila’s office market is not expected to return above 85 percent in the next two years, according to KMC Savills.
Century Properties Group Inc. (CPGI) of ambassador Jose E.B. Antonio, has launched a new subsidiary called Century PHirst Corp. (PHirst) to expand the offerings of its first home buyer brand, PHirst.
Real estate developer Ovialand, a pioneer in the premium affordable housing segment, has chosen SB Capital Investment Corporation to lead its planned initial public offering, targeted either in June or July this year.
Colliers Philippines expects demand for office space to hit 2.7 million square meters or 450,000 seats should the government allow for a 70-30 work from home arrangement.
The Ayala family’s real estate arm saw its earnings rise by more than half last year, largely driven by the full reopening of the Philippine economy.
Occupancy rates in some hotels are exceeding pre-pandemic levels due to pent-up demand as well as “strong domestic tourism” in the country, a hotel sales and marketing group said.
Portugal is to end its practice of issuing “golden visas” to rich foreign investors, one of several measures announced by Prime Minister Antonio Costa on Thursday to tackle the lack of affordable housing.
Airbnb on Tuesday reported its first annual profit, with revenue surging in the final three months of 2022 as travel bookings rebounded.
The Makati city government has postponed the conversion of protected bike lanes along Ayala Avenue to March 6 amid a strong pushback from the cycling community.
The owner of a huge South African rhino conservation farm, the world’s largest, said Monday that it would be sold at auction in April because it could no longer afford to breed the endangered animals.
Bilyonaryo Jaime Augusto Zobel de Ayala made the most out of joining President Ferdinand Marcos Jr.’s five-day working visit to Japan by making a side trip to the headquarters of a Japanese construction company.
Their mugshots are everywhere: a Turkish developer arrested while trying to flee the country and two colleagues connected to a luxurious apartment tower that crumbled in Monday’s disastrous quake.
The US state of Texas is considering barring Chinese citizens from buying property on national security grounds — and as tensions with Beijing rise other states may follow suit.
VistaREIT, the real estate investment trust of ultra bilyonaryo Manny Villar, has mapped out its investment targets which will include doubling its gross floor area by the end of 2025.
Century Properties Group Inc. of the family of ambassador Jose E.B. Antonio has secured a rating upgrade for its planned P3 billion bond issue given its diversified market portfolio and its growing presence in a traditionally competitive market.
RL Commercial REIT (RCR), the real estate investment trust of the Gokongwei family, reported a 16 percent growth in earnings last year to P4.4 billion on higher occupancy and lease income.
Florida lawmakers on Monday introduced a bill that would allow the state to take control of the area around Walt Disney World that has until now been controlled by the entertainment giant.
With rents soaring and properties selling fast, the expatriate hub of Dubai is in the throes of a housing boom bolstered by rich emigres that has buoyed investors and burdened tenants.
Occupancy rate in Metro Manila’s office market is not expected to return above 85 percent in the next two years, according to KMC Savills.
Century Properties Group Inc. (CPGI) of ambassador Jose E.B. Antonio, has launched a new subsidiary called Century PHirst Corp. (PHirst) to expand the offerings of its first home buyer brand, PHirst.
Real estate developer Ovialand, a pioneer in the premium affordable housing segment, has chosen SB Capital Investment Corporation to lead its planned initial public offering, targeted either in June or July this year.
Colliers Philippines expects demand for office space to hit 2.7 million square meters or 450,000 seats should the government allow for a 70-30 work from home arrangement.
The Ayala family’s real estate arm saw its earnings rise by more than half last year, largely driven by the full reopening of the Philippine economy.
Occupancy rates in some hotels are exceeding pre-pandemic levels due to pent-up demand as well as “strong domestic tourism” in the country, a hotel sales and marketing group said.
Portugal is to end its practice of issuing “golden visas” to rich foreign investors, one of several measures announced by Prime Minister Antonio Costa on Thursday to tackle the lack of affordable housing.
Airbnb on Tuesday reported its first annual profit, with revenue surging in the final three months of 2022 as travel bookings rebounded.
The Makati city government has postponed the conversion of protected bike lanes along Ayala Avenue to March 6 amid a strong pushback from the cycling community.
The owner of a huge South African rhino conservation farm, the world’s largest, said Monday that it would be sold at auction in April because it could no longer afford to breed the endangered animals.
Bilyonaryo Jaime Augusto Zobel de Ayala made the most out of joining President Ferdinand Marcos Jr.’s five-day working visit to Japan by making a side trip to the headquarters of a Japanese construction company.
Their mugshots are everywhere: a Turkish developer arrested while trying to flee the country and two colleagues connected to a luxurious apartment tower that crumbled in Monday’s disastrous quake.
The US state of Texas is considering barring Chinese citizens from buying property on national security grounds — and as tensions with Beijing rise other states may follow suit.
VistaREIT, the real estate investment trust of ultra bilyonaryo Manny Villar, has mapped out its investment targets which will include doubling its gross floor area by the end of 2025.
Century Properties Group Inc. of the family of ambassador Jose E.B. Antonio has secured a rating upgrade for its planned P3 billion bond issue given its diversified market portfolio and its growing presence in a traditionally competitive market.
RL Commercial REIT (RCR), the real estate investment trust of the Gokongwei family, reported a 16 percent growth in earnings last year to P4.4 billion on higher occupancy and lease income.
Florida lawmakers on Monday introduced a bill that would allow the state to take control of the area around Walt Disney World that has until now been controlled by the entertainment giant.
Hindy Weber Tantoco celebrated her son Bjorn’s special day by sharing a nostalgic film photo on her Instagram account.
International Monetary Fund chief Kristalina Georgieva warned on Sunday that risks to financial stability had increased and stressed “the need for vigilance” following the recent turmoil in the banking sector.
Chris Tiu creates a lasting memory with his children by taking them to their first-ever musical, The Sound of Music.
Philippine Morris Fortune Tobacco Corp., the joint venture between bilyonaryo Lucio Tan’s Fortune Tobacco Corp. and global giant Philip Morris, is set to continue feeling the impact of higher excise taxes.
Lamoiyan-Hapee president and CEO Cecilio Pedro won as the new president of the Federation of Filipino Chinese Chambers of Commerce and Industry Inc. (FFCCCII).
A recent boardroom meeting at a major blue chip company turned into a heated exchange between a top exec and one of the directors.
