Property
Colliers’ sees strong growth for hotels, retail business; office outlook muted
Real estate consultancy firm Colliers is cautiously optimistic in the growth for office space and residential condominium but is sanguine for the hotel and retail sectors, especially with the expected strong growth in global travel.
Roxaco Land resumes Tagaytay, Nasugbu projects stalled by pandemic
Roxaco Land Corp., a subsidiary of Roxas and Co., Inc., said Thursday it has embarked on an aggressive expansion program for its real estate and hospitality units.
Mass housing builder bares above-target results in 2022
Mass housing builder Ovialand Inc. on Tuesday bared earnings before interest, taxes, depreciation and amortization (EBITDA) in 2022 growing by 40 percent to P306.4 million from previous year’s P219.8 million.
Colliers expects surge in supply, demand for flexible workspaces
Real estate consultancy firm Colliers is projecting a significant surge in the supply of—and demand for—flexible work spaces within Metro Manila alone, and urged both tenant and landlords to consider this in their diversification strategies, especially in the wake of the COVID-19 pandemic.
Vivant, Cebu real estate developer launch solar powered building
Vivant COREnergy Inc. and its partner, JEG Development Corp. (JDC), has launched a 37-kilowatt peak rooftop solar installation that powers the daytime energy demand of the 22-storey JEG Tower at One Acacia in Cebu City.
