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.
Industry players say the country needs more temperature-controlled facilities, but higher construction costs and specialized requirements continue to limit new supply.
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.
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.
Maceda Law aims to shield buyers of residential real estate from oppressive installment contracts.
A house doesn’t have to be fully paid before it can change hands.
Every year, countless Filipinos put their homes up for sale even while they’re still paying monthly amortizations. Some lose their jobs. Others migrate abroad. Many simply find that rising…
The proposed data center REIT IPO could raise up to ₱24.2 billion as PLDT ramps up investments in digital infrastructure and AI-ready facilities.
