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....
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....
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...
Hotel living made more homey at the Grand Hyatt Residences TOWERS OF GOLD Artist's perspective of the Grand Hyatt Manila Residences South Tower, Grand Hyatt Manila, and Grand Hyatt Manila Residences; and the Grand Hyatt Manila Facade The extent of the global health crisis is unknown. A bitter truth...
Some 16 local and foreign business groups have strongly urged for the immediate enactment of the proposed Financial Consumer Protection (FCP) Act, which seeks to protect consumers amidst the growing complexity in financial services, especially digital services. In a statement the business group...
Bria Homes, a subsidiary of the Villar Group, has been recognized for developing affordable and sustainable housing projects. The 2021 Real Estate Asia Awards gave BRIA Homes recognition in two categories: "Affordable Housing Developer of the Year" and "Open Space Development of the Year". The 2021...
The office rental rates in Metro Clark in Pampanga will slightly go down next year amid the expected turnover of 280,000 square meters (sqm) of new spaces, an official from the real estate consultancy firm JLL Philippines said. In a virtual briefing on Tuesday, Ian Perez, director for capital...
Real estate agency Santos Knight Frank is this year's best real estate agency in the Philippines, according to the prestigious Asia Pacific Property Awards. A statement said that Santos Knight Frank won in the Asia Pacific Awards categories of “Best Real Estate Agency (Single Office),” “Best...
The extension of the amnesty for unpaid real estate taxes for another two years will benefit both the government and the families that are recovering from the economic impacts of the COVID-19 pandemic, Senator Juan Edgardo "Sonny" Angara said on Saturday, May 29. Senator Juan Edgardo 'Sonny' Angara...
