Property
CPG marks triple milestones at Azure North
Century Properties Group (CPG) announced on Monday three major development events at its Azure North Estate in San Fernando, Pampanga: the first concrete pouring for the Mykonos Tower, the groundbreaking of the Azure North Townvillas, and the inauguration of the completed Barbados Tower.
Gov’t hikes socialized housing price ceilings
The government has raised price caps for socialized housing to speed up the rollout of its flagship 4PH program, according to a joint directive from the Department of Human Settlements and Urban Development (DHSUD) and the Department of Economy, Planning and Development (DepDev).
Hotel101 eyes EUR85.8M revenue from Milan project
Hotel101 Global Holdings Corp. has locked in a joint venture to build a roughly 429-room Hotel101 in San Donato Milanese, the Nasdaq-listed hospitality platform’s boldest push yet into Europe.
Capital boost sets stage for MREIT expansion
MREIT, Inc., the real estate investment trust of Megaworld Corp., has secured regulatory approval to raise its authorized capital stock (ACS) to P8 billion from P5 billion, clearing a major hurdle as it gears up for its next round of property infusions.
Megaworld, Accor team up to rebrand Manila Bay Hotel
Megaworld Hotels and Resorts has partnered with global hospitality group Accor to rebrand the 1,530-room Grand Westside Hotel in Parañaque as Mövenpick Manila Bay Westside, set to become the world’s largest Mövenpick property.
