Property
RLC profit climbs on strong portfolios
Robinsons Land Corp. (RLC), listed propety development arm of the Gokongwei Group, posted a P3.30 billion profit in the third quarter, buoyed by strong performances across both its investment and development portfolios. Third-quarter results pushed net income attributable to the parent of P10.17 billion for the first nine months of the year—up 2 percent year-on-year.
Metro Manila office market finds new footing in Jan-Sep—Colliers
The Metro Manila office market has found its stride again, with net demand in the first nine months of 2025 already surpassing full-year forecasts—driven by strong leasing activity, fewer space surrenders, and a revived appetite for flexible work arrangements, according to property consultancy Colliers.
Ayala Land unit to infuse P19.5B in assets into AREIT via swap
Ayala Land Inc. said the board of its listed real estate investment trust, AREIT Inc., has approved the issuance of 441.1 million common shares...
Colliers sees mid-income buyers drive recovery
Colliers reported sustained improvement in Metro Manila’s residential market in the third quarter, the second consecutive quarter of rising pre-selling condominium net take-up. The property consultancy firm said this uptrend indicates that demand is holding firm, supported by attractive ready-for-occupancy (RFO) promotions and discounts offered by developers.
Core businesses drive Megaworld 9-month profit to P18B
Megaworld Corp., the listed property development arm of billionaire Andrew Tan, reported a 14 percent increase in net income to nearly P18 billion for the first nine months, driven...
