Property
Robinsons Land to sell 318.9M shares in RL Commercial REIT for P1.87B
Robinsons Land Corp. , the property development arm of the Gokongwei Group, on Friday said its board has approved the sale of 318.9 million common shares of RL Commercial REIT Inc. at a transaction price of P5.86 per share.
Belle Corp. donates ₱100M for South Cotabato classrooms
Belle Corporation, a leisure property developer and affiliate of SM Investments Corporation, has announced a ₱100 million donation from the Melco Resorts (Philippines) Foundation Corporation to construct classroom buildings in 40 public schools across South Cotabato.
Third quarter leased office space demand falls
Demand for leased office space in the third quarter fell 16 percent to 215,000 square meters from 255,000 square meters in the year earlier period, according to Leechiu Property Consultant Inc.
Robinsons Land’s hospitality unit investing P10 billion for hotel, resort expansion
Robinsons Hotels and Resorts, a division of the Gokongwei’s listed property arm Robinsons Land Corp., plans to invest P10 billion to expand its upscale and ultra-luxury portfolio in order to drive future growth.
AboitizLand appoints new CEO starting January
Aboitiz Land, Inc., the real estate arm of the Aboitiz Group, has appointed Rafael Fernandez de Mesa as chief executive officer beginning January next year.
