The prime location of MREIT buildings make it attractive to tenants as these are surrounded by various township components, like parks and residential developments. With four real estate investment trusts (REITs) already listed at the Philippine Stock Exchange, catching the interest of...
Editorial After waiting years for the right regulations to be put in place, the country’s top property developers were finally ready to launch their real estate investment trust offerings only to have the party crashed by COVID-19 which ignited so much volatility in the local stock market....
Government's anti-narcotics operatives have destroyed a total of 853 drug dens and shabu laboratories from June 2016 to July 2021 as part of the Duterte administration’s intensified drug war campaign, the Philippine Drug Enforcement Agency (PDEA) said in its report. In PDEA’s latest “Real...
Over 1,700 adult Filipinos have so far been enrolled in the Philippines’ yearlong “immunosurveillance” study which seeks to determine the effectiveness of coronavirus disease (COVID-19) vaccines that were granted emergency use authorization (EUA) in the country, the Department of Science and...
(In this file photo taken on August 20, 2021 Paris Saint-Germain's French forward Kylian Mbappe celebrates after scoring a goal during the French L1 football match between Stade Brestois and Paris Saint-Germain at Francis-Le Ble Stadium in Brest1. (Photo by LOIC VENANCE / AFP) Real Madrid on...
Some 28 business and professional organizations in the country have expressed strong support as they called to uphold the independence of the Commission on Audit, which has uncovered “deficiencies” in its audit on the way government funds were being appropriated by government agencies. “We,...
If there’s one thing in the property world that is never in short supply, it’s the variety of pre-selling deals in the market. From entry-level homes to luxury residences, developers are vying to offer the most attractive deals to buyers often times before even breaking ground on their latest...
The Department of Finance (DOF) said the growing roster of real estate investment trust (REIT) offerings will propel the growth of the Philippines’ property sector beyond the pandemic, serving as one catalyst for the country's quick and strong recovery. In a statement, Finance Secretary Carlos G....
What's better than looking at a beautifully rendered image of the Central Luzon Link Expressway (CLLEX) in "Minecraft" form? Being able to compare it beside a photo of the real thing, that's what! (Photo from Build Build Build Minecraft Philippines) Department of Public Works and Highways (DPWH)...
A Real Estate Investment Trust or REIT is not something new but its significance became more pronounced as real estate companies began to ramp up their REIT portfolio or began to offer this among their products. For those who are not deep into the real estate industry but want to find new...
Tax payment deliquency has cost San Juan City over P233 million in uncollected real estate taxes thus depriving the city government much needed funds to finance its various programs, projects and activities. The Commission on Audit (COA) also lamented that the city has incurred foregone realty tax...
A total of P61.69 billion worth of illegal drugs, controlled precursors and essential chemicals (CPECs) and laboratory equipment were seized by anti-narcotic agents within the five-year period of the administration of President Duterte. In PDEA’s #RealNumbersPH data released Wednesday, July 28,...
