Property
Aseana City lands biggest PEZA office yet
D.M. Wenceslao and Associates, Inc. (DMW), together with its wholly owned subsidiary Aseana Holdings Inc. (AHI), has secured a major win for its flagship estate after 8912 Asean Ave was officially declared a Philippine Economic Zone Authority (PEZA)-registered Information Technology Special Economic Zone.
DHSUD gives home developers breathing room
The Department of Human Settlements and Urban Development has extended the suspension of ancillary administrative sanctions against property developers that fail to meet balanced housing requirements, pushing the deferment to March 31.
Pueblo de Oro steps up role in Mindanao growth corridor
Pueblo de Oro Development Corp., the residential arm of the ICCP Group, is marking its 30th anniversary with a renewed focus on supporting Cagayan de Oro’s role as a key growth center in the Mindanao corridor.
PCC clears Japanese firm’s Cebu Landmasters deal
The Philippine Competition Commission (PCC) has approved the entry of Singapore-based NTT UD Asia Pte. Ltd. into Cebu Landmasters Inc.’s Luzon expansion vehicle, clearing the way for the foreign developer to acquire a 40-percent stake in CLI Luzon.
Avida to invest P3.1B in student-focused condo in Katipunan
Avida Land Inc., a subsidiary of Ayala Land Inc., will spend P3.1 billion to develop The Heights Katipunan, a condominium project aimed mainly at students and investors, in Quezon City. The project will rise on a 1,833-square-meter site along Katipunan Avenue, near Ateneo de Manila University and Miriam College.
