Property
Megaworld six-month income rises 11% on higher real estate sales
Property developer Megaworld Corp. on Wednesday reported income growing 11 percent in the first half this year to P9.81 billion from last year’s P8.83 billion on strong real estate sales.
Megaworld budgets P12 billion to transform the Farm at San Benito into a township
Megaworld Corp., Andrew Tan’s property development arm, has budgeted P12 billion to ramp up the development of the wellness township in Lipa, Batangas over the next five to seven years.
Shopping mall rent dropping on steady stream of retailers
Property consultant Jones Lang LaSalle (JLL) on Wednesday projected a steady stream of new retail spaces coming online in Metro Manila in the coming months when rent could prove slightly lower.
RL Commercial expands asset portfolio via asset-for-share swap with Robinsons
RL Commercial REIT Inc. said Wednesday it has expanded its asset portfolio with the completion of a swap of its shares with 13 commercial assets of its sponsor, Robinsons Land Corp. The transaction was valued at P33.92 billion.
Megawide begins building Hotel 101 in Libis, QC
Megawide Construction Corp. on Tuesday started construction activities at DoubleDragon Properties Corporation's Hotel 101 project in Libis, Quezon City.
