The supply of warehouses in Metro Manila is coming under increasing pressure as soaring land values drive the conversion of industrial properties into higher-yield residential and commercial developments, according to property consultancy Colliers.
The Philippine retail sector continues to expand, but growth is easing as weaker consumer spending and global uncertainties slow mall recovery and reshape expansion plans.
Megaworld Corp., the listed property development arm of billionaire Andrew Tan, is cementing its dominance in Western Visayas, capturing a commanding 48 percent share of Iloilo’s office market as demand continues to shift toward integrated township developments outside Metro Manila.
Metro Manila’s residential condominium market is beginning to show signs of recovery, largely fueled by sustained demand for affordable housing—even as vacancy rates remain elevated, according to Colliers Philippines.
The phrase first appeared almost quietly, embroidered on the back of Alex Eala's visor during her breakthrough run at Wimbledon. They have followed her ever since, becoming as much a part of her game as the shadow swings she takes between points.
Clean energy firm First Gen Corporation has organized another leadership summit to help young students gain the knowledge and skills needed to tackle climate and energy challenges in their schools and hometowns.
The World Bank Group has approved a USD268.6-million, or about P15.6-billion, water and sanitation project for the Philippines that is expected to create up to 46,500 jobs over the next 25 years while improving climate resilience in three island provinces.
The Department of Human Settlements and Urban Development (DHSUD) said it will accelerate the government's housing program after delivering or facilitating 575,693 housing units in its first four years, putting the agency halfway toward its recalibrated target under the Marcos administration.