Property

SM Prime Holdings Inc., in partnership with the Iloilo City Government, has opened the newly redeveloped Iloilo Central and Terminal Markets, transforming two of the city’s oldest public spaces into modern community hubs.

Filinvest Land Inc., the property development arm of the Gotianun group, posted a 5 percent increase in net income to P3.64 billion for the first nine months of 2025, up from P3 billion a year earlier. Consolidated revenues grew 9 percent to P20.08 billion, led by steady leasing performance and robust residential sales.

Property development giant Ayala Land, Inc. (ALI) booked a net income of P21.4 billion in the first nine months ended September 30, supported by stable property development earnings and the steady expansion of its leasing and hospitality portfolio. Consolidated revenues climbed to P121.8 billion during the period.

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.

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.