Property

Century Properties Group Inc. said it has received a pre-effective letter from the Securities and Exchange Commission (SEC) favorably considering the company’s shelf registration of debt securities worth up to P12 billion, a key step toward tapping the domestic bond market.

The Bases Conversion and Development Authority (BCDA) has extended the interim operations and maintenance (O&M) contract for John Hay Golf by another year, postponing the bidding for a long-term operator as it reassesses the course’s future management model.

Property giant Megaworld Corp. is expanding its office platform with the launch of a new leasing group, a move aimed at reinforcing its position as the Philippines’ largest office developer while advancing its goal of building a 2-million-square-meter leasable office portfolio.

The government is considering a higher tax incentive ceiling for socialized and economic housing, a move seen as a bid to keep affordable homebuilding viable as construction costs continue to climb.

Robinsons Land Corp. (RLC), the property arm of the Gokongwei Group, said that as of end-2025, the remaining balance from the proceeds of its block placement amounted to P562.1 million, to be utilized following disbursements made last year.