The Social Security System (SSS) has increased its stake in Century Properties Group Inc. (CPG) to about 9.9 percent, deepening its investment in the listed property developer and signaling continued institutional confidence in the company’s long-term growth strategy.
The higher ownership follows SSS’s latest acquisition of CPG common shares through a block sale on the Philippine Stock Exchange, building on its initial purchase of 740.74 million shares in July 2025, when it held roughly a 6.4 percent stake.
The transaction comes as institutional investors continue to favor property developers with resilient balance sheets and diversified housing portfolios despite a challenging real estate environment marked by elevated interest rates and cautious consumer spending.
CPG said SSS’s increased investment reflects confidence in the company’s financial fundamentals, corporate governance, growth strategy, and ability to generate long-term shareholder value.
The company attributed the investment to its “Twin Engine Strategy,” which combines PHirst’s affordable housing business with CPG’s premium residential developments, allowing it to capture demand across both the mass and higher-end housing segments.
“We are deeply honored by SSS’s continued confidence in Century Properties Group,” CPG President and Chief Executive Officer Marco Antonio said.
He said the company remains focused on serving the end-user housing market while maintaining a disciplined financial position.
“We will continue to focus on catering to the end-user market, thereby allowing us to pay a steady and healthy stream of dividends to our shareholders, while keeping our debt profile at moderate levels,” Antonio said.
Chief Financial Officer and Head of Investor Relations Rodel V. Marqueses said the increased stake also reinforces investor confidence in the company’s governance standards, financial discipline, and shareholder returns.
For CPG, the larger SSS investment strengthens its institutional shareholder base at a time when listed developers are competing to attract long-term investors. For SSS, the transaction reflects a strategy of deploying members’ funds into publicly listed companies that offer the potential for sustainable returns while maintaining sound corporate governance.
