Property

Robinsons Land Corporation (RLC) said it will continue all planned developments despite higher construction costs caused by geopolitical tensions in the Middle East, signaling confidence in its long-term growth strategy and financial position.

Ayala Land, Inc. is ramping up Vermosa in Cavite as a premier destination for active, healthy living through a new partnership with the Philippine Tennis Center for Excellence, Inc. (PTCEI), formalized last month.

Cebu is set to become a major hub for world-class entertainment as SM Prime Holdings, Inc. (SM Prime) prepares to open the SM Seaside Cebu Arena next month. The venue, the company’s second arena in the Philippines, is designed to host concerts, sports events, and large-scale gatherings.

D.M. Wenceslao and Associates Inc. posted a first-quarter net income of P550 million, down from P562 million last year, as the listed property developer leaned on recurring rental revenues to cushion the impact of a more challenging real estate market marked by elevated inflation and high interest rates.

Ayala Land, Inc. is accelerating its presence in Cebu with three major mixed-use estates, signaling a bold move to capture the province’s next wave of tourism, commercial, and urban growth.