Businessman Andrew Tan’s Alliance Global Group Inc. is rushing the development of hotel rooms to more than 12,000 by 2029, a year ahead of the target date of 2030.
High inflation has hit the country's mid-market housing developers the most, driving down prices and squeezing profit off the pockets of even brand names like Ayala Land Inc.
Real estate consultant Colliers said the majority of survey respondents chose shopping malls as ideal locations for flexible workspaces, half of whom prefer free parking.