Tag: real estate

Cebu Landmasters Inc. (CLI) is capitalizing on the robust momentum of the Visayas and Mindanao real estate market with the successful launch of One Manresa Place in Cagayan de Oro.

Megaworld Corp. and global real estate services firm JLL have entered a strategic partnership aimed at elevating real estate standards in the Philippines, and help the listed property arm of billionaire Andrew Tan stay at the forefront of international real estate trends.

The Philippine Statistics Authority (PSA) has reported a 15 percent year-on-year decline in the number of construction permits approved in January to 12,526, a greater decrease from the 5 percent posted in December and an indication of a glut in supply.

D.M. Wenceslao and Associates Inc., a listed real estate developer, said core net income last year rose 10 percent to P1.8 billion, building on its strong leasing momentum.

Real estate consultancy firm Colliers is cautiously optimistic in the growth for office space and residential condominium but is sanguine for the hotel and retail sectors, especially with the expected strong growth in global travel.