Property
Asia-Pacific property market still listless in 4Q 2023—Colliers survey
Cap rates, the estimated yield of a property over one year, are on the rise in only five of 19 cities in Asia Pacific, all of them located in Australia, suggesting a still listless real estate market for most of the region in the fourth quarter of 2023, a survey by diversified professional services and investment management company Colliers showed Thursday.
Ayala Land renovating flagship malls, doubling hotel room count
Ayala Land Inc. has started a two-year program renovating four of its flagship malls as part of efforts to refresh its facilities after the pandemic.
CPG to launch two new projects in H1
Real estate developer Century Properties Group Inc. on Monday bared the launch of two projects in Mandaluyong and in Pampanga within the first six months this year.
Megawide unit projects P1.8 billon from Cavite development
PH1 World Developers Inc., a unit of Megawide Construction Corp., projects generating P1.8 billion in revenue from its Trece Martires development in Cavite.
CLI opens third hotel in Cebu
The Ascott-operated lyf Hotel by Cebu Landmasters Inc. on Tuesday opened its third hotel in the city.
The hotel is located at CLI’s Base Line...
