Companies are moving into ready-built workspaces to cut costs as office demand remains strong despite a 19% vacancy rate.
Alliance Global finalizes its acquisition of Newport World Resorts and related projects after former partner Genting Hong Kong’s 2022 bankruptcy.
The listed developer acquired the company that owns the land where Savemore Nagtahan Market stands, but did not disclose the value of the transaction or any redevelopment plan.
The property developer will reinvest proceeds from its MREIT share sale into new income-generating projects as it expands the REIT’s portfolio beyond office properties.
Lobien Realty Group says homes outside the capital can cost up to 60% less as demand stays strongest in the affordable and mid-market segments.
New airports, expressways, and industrial parks are turning regional hubs into the country’s next logistics hotspots.
The new 25,000-seat venue aims to attract international concerts, conventions and sports events that can boost tourism and create more business opportunities in the Visayas.
Office vacancy held at 19% as BPO demand kept companies leasing space despite global uncertainty.
Leechiu says housing affordability could remain under pressure over the next two quarters, although it does not expect a property market crash.
The resort explores a niche focused on diplomatic talks, board discussions, and strategic corporate gatherings outside conventional city hotel settings.
