Since 2013, in the aftermath of typhoons Sendong and Yolanda, San Miguel Corporation (SMC) has been at the forefront of building resilient housing communities nationwide.
Colliers, an international diversified professional services and investment management group, expects greater portfolio expansion and diversification to drive the growth and investor interest in the Philippine real estate investment trust, or REIT, sector.
Property developer Megaworld Corp. and its unit Suntrust Properties, Inc., will develop for P7 billion, a six-hectare property in Puerto Princesa in Palawan into what it calls a lifestyle estate.
Pueblo de Oro Development Corporation, the property development arm of the ICCP Group, is positioning to capitalize on the ongoing resurgence of the real estate market. The company is earmarking P18 billion in investments for more housing projects in key locations, including Cagayan de Oro, Batangas, and Cebu.