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Friday, 09 May 2025, 4:34 pm

    Property

    Office leasing market shows signs of recovery despite high vacancy rates

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    Leechiu Property Consultants reports sustained growth in the Philippine office leasing market, driven by the information technology and business process management (IT-BPM) sectors, which are expected to significantly boost leasing activity in 2025.

    Italpinas in CDO prime property development with triple-A rated partner

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    Italpinas Development Corp. (IDC), a boutique property developer known for its green-certified projects, has entered a strategic joint venture with AV Pamatong Trading and Construction Inc. (AVP) to develop the third phase of its Primavera City complex in Cagayan de Oro.

    SMDC’s 5% down payment offer spurs industry sales surge

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    SM Development Corp. (SMDC), the condominium development arm of SM Prime Holdings, has launched a program allowing buyers of ready-for-occupancy units to move in with just a 5 percent down payment.

    Real estate prices recover in 4Q 2024

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    In the fourth quarter of 2024 the Philippines reported a recovery in residential real estate prices, marking a year-on-year (y-o-y) growth of 6.7 percent.

    Arthaland shifts focus to residential projects, delays office development amid soft market

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    Green upscale property developer Arthaland Corp. announced on Thursday plans to focus on three new residential projects in 2025 and postponing new office building development due to continued softness in the leasing market.
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    Context.ph is a business news and features website based in the Philippines. Our goal is to provide readers easily digestible articles to help people better understand the news and make informed decisions.

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    Cebu Pacific net profit fell in 1Q, hurt by fleet expansion cost

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    Cebu Pacific, the budget carrier brand of the Gokongwei Group’, saw net income in the first quarter drop 78 percent to P466 million, dragged down by higher fleet and financing costs related to its fleet and route expansion.
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    ACEN Australia secures access rights to energy zone

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    ACEN Corp., the green energy arm of the Ayala Group, said its wholly-owned unit, ACEN Australia, has secured access rights to the Central West-Orana Renewable Energy Zone (CWO REZ) for projects in New South Wales, which includes power generation from solar and wind energy.
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    Top Line’s P732.6-M IPO signals new era for regional firms

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    The Investment & Capital Corporation of the Philippines (ICCP) has hailed the successful initial public offering (IPO) of Cebu-based Top Line Business Development Corp., calling it a milestone for regional business growth and capital markets in the Philippines.
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