Property

Ayala Land Offices Inc. (ALO), a unit of Ayala Land Inc., has signed a five-year lease with the state-owned Land Bank of the Philippines for office and parking spaces at the Ayala Malls Manila Bay Corporate Center in Parañaque.

Demand for flexible and hybrid work spaces in the Philippines is continuing to rise, reflecting a broader shift in how and where people work. International Workplace Group (IWG), the world’s largest provider of flexible workspaces, said it will open six new centers in key cities across the country in the first quarter of 2026, underscoring strong market growth and changing workplace needs.

A P3.3-billion SMX Convention Center, billed as the largest in the Philippines, will rise in Cebu by the third quarter of 2026, cementing the city’s position as a premier hub for meetings, incentives, conferences, and exhibitions (MICE).

Property giant Megaworld is making its first foray into the MICE (Meetings, Incentives, Conferences, and Exhibitions) sector with the opening of Mactan Expo, a standalone convention center within its 30-hectare The Mactan Newtown township in Lapu-Lapu City, Cebu.

More Quadruple A contractors are lining up behind the Pambansang Pabahay para sa Pilipino (4PH) Program, signaling rising private sector confidence in the government’s flagship housing push led by the Department of Human Settlements and Urban Development (DHSUD).