Property
DBM releases P495-M for right-of-way payment
The Department of Budget and Management (DBM) released P495 million to settle the right-of-way (ROW) payment for properties affected by the NLEX-SLEX connector road project (NSCRP).
AREIT 2022 net profit rise to P2.9B despite higher interest rates
AREIT, Inc., the real estate investment trust of the Ayala Group, posted a full-year net income P2.9 billion for 2022, up 32 percent from...
Socialized, mid-priced housing success push Century Properties to plan 3 more
Century Properties Group Inc. said Thursday it is planning three real estate projects estimated to have a sales value of around P12.1 billion.
In office space absorption, occupancy matters more than yield over next three years
Property consultant KMC Savills Inc. on Wednesday said even if there is a commendable rebound in office net absorption last year, there will remain...
Freelancing may stoke demand for 2.7M square meters of office space–Colliers
The growth of freelancing in the Philippines could provide the real estate industry additional demand for flexible office space, especially as the government moves to protect those engaged in the “gig” economy, real estate services and investment managemen, Colliers said.
