BPO expansion fuels office space demand in Manila
The real estate sector reported strong momentum in the first half this year, bucking global economic volatility with broad-based growth across office, industrial, residential, and hospitality segments, according to new data from global property consultancy Santos Knight Frank.
Prime Infra consolidates water assets in P37.8-B deal
Razon-led Prime Infrastructure Capital Corp. has consolidated its water-related assets in a ₱37.8 billion transaction, reinforcing its strategic foothold in the sector.
Ayala Land acquires New World Hotel Makati
Property giant Ayala Land Inc. announced on MOnday its acquisition of the New World Hotel Makati, a landmark hospitality asset located in the heart of the country’s premier business and commercial district.
Century Pacific sets sights on outpacing GDP expansion
Century Pacific Food Inc. (CNPF), the country’s largest canned food company, is projecting sustained double-digit growth, targeting a 10 percent to 12 percent increase this year and 10 percent to 15 percent annual growth over the next three to five years—double the country’s GDP expansion.
DOE clears battery storage projects for grid impact study
The Philippine Department of Energy (DOE) has cleared 21 battery energy storage system (BESS) projects for system impact studies (SIS) with the National Grid Corporation of the Philippines (NGCP) in May.
