Finance Secretary Carlos G. Dominguez III has suggested that the government should consider increasing taxes on real-estate properties instead of imposing the wealth tax. “I’m against wealth tax,” Dominguez said at a virtual forum by Financial Executives Institute of the Philippines (FINEX)...
Joint venture expected to build milestone developments that combine Filipino sensibility and Japanese efficiency As the world gradually recovers from the downturn caused by the health pandemic, new opportunities for growth, partnerships, and expansions are opening up for businesses that have not...
Federal Land, Inc., the real estate arm of GT Capital Holdings Inc., has formed a P48-billion joint venture with Nomura Real Estate Development Co., Ltd., Japan's second largest real estate developer. Under the joint venture agreement, Nomura Real Estate will be investing $324 million,...
Sharon Cuneta recently shared with fans the progress of their new home in Silang, Cavite City. On Instagram, she shared photos of her and her family as with the construction team behind the so-called mega-mansion. She wrote: "Our first visit to our home-in-construction in Silang today. By our...
PropertyGuru Group, Southeast Asia’s leading property technology company, has opened the virtual world doors of its thought leadership platform, PropertyGuru Asia Real Estate Summit, on 8 December 2021. The event runs for one month, closing its doors on 8 January 2022. Asia Real Estate Summit...
The capitalization of the Real Estate Investment Trusts (REITs) in the Philippines zoomed in less than two-years, placing the country in the middle of the pack among major economies in the South and East Asian regions. In a report to Finance Secretary Carlos G. Dominguez III, the Securities and...
Vista Land & Lifescapes, Inc., one of the Philippines’ leading integrated property developers and the country’s largest homebuilder, took home the coveted Prix D’excellence Developer of the Year Award in the recently concluded FIABCI Philippines Property and Real Estate Excellence Awards....
Year 2021 is about to end, but accolades continue to come to RLC Residences and the whole Robinsons Land Corporation, closing the year with a strong finish and geared to start 2022 with renewed motivation and energy. From left: Carissa Denise L. Lao, International Marketing Sales Channel Head; Ma....
Japan has always been one of my most fascinating countries. In fact, if you asked me to live long-term somewhere outside the Philippines, given the choice, my first pick would be Japan. I adore how things work so efficiently, how they’re sticklers for cleanliness and hygiene, and I do love their...
State-run Social Security System (SSS) is selling its foreclosed properties with affordable and flexible payment terms. In a statement, Aurora C. Ignacio, SSS president and chief executive officer said a total of 88 foreclosed properties located across the country are now up for sale. Broken down,...
AREIT Inc. (AREIT), the pioneer real estate investment trust in the Philippines, is moving towards net zero operational emissions and is on track to be the country’s first carbon neutral REIT. In a statement, AREIT underscored its commitment to Environmental, Social, and Governance (ESG)...
In the last year or so, there has been a new breed of real estate companies cropping up on the Philippine Stock Exchange (PSE). Real Estate Investment Trusts or REITs, are companies that invest in income-generating properties and distribute their earnings back to shareholders in the form of...
