Property

Metro Manila’s office market continued its recovery in the first half of 2025, with total transactions reaching 446,100 square meters—up 7 percent year-on-year and 33 percent higher than the second half of 2024. 

Office leasing activity in Metro Manila improved sharply in the first half of 2025, but continued to face persistent space give-backs from business process outsourcing (BPO) firms and corporate occupiers, according to property consultancy JLL Philippines.

Phinma Corp. has invested an additional P300 million into its property arm, Phinma Property Holdings Corp., to support the continued development of Saludad, a P12-billion flagship township project in Bacolod City. The 21-hectare project is being developed in partnership with JEPP Real Estate Co.

Robinsons Land Corp. (RLC), the Gokongwei-led property giant, is investing up to ₱1 billion to develop Asia’s first tournament-grade pickleball facility — a landmark project set to elevate the regional sports infrastructure landscape.

Cebu Landmasters, Inc. (CLI), in partnership with Japan’s NTT Urban Development Asia, has launched The Wave Towers, a P9.2-billion premium residential development in Cebu IT Park, marking a major milestone in the city’s high-end urban living segment.