In an exciting move early this year, Victor Consunji Development Corp. (VCDC) successfully acquired 80,290 square meters of prime land from one of the country’s leading developers, Sta. Lucia Land. The acquisition forms part of Sta. Lucia's latest premium offering, Acropolis Loyola, located in...
Manila Bulletin Sustainability Forum 2024 Project Lead Philip Cu Unjieng, MB Business Development Manager Jordan Tan, Ayala Land Inc. Head of Brand Experience and Brand Strategy for Residential, Estates, and Corporate Group Hans Lopez-Vito, and Ayala Land Corporate and Estates Marketing and...
Ayala Land Inc. (ALI) has secured a $250-million (about P14.3-billion) loan from the International Finance Corp. (IFC) to fund its net-zero emissions ambition, including the "greening" of 10 malls in Cebu and Metro Manila. The IFC disclosed on Monday, Oct. 14, that it already invested in ALI's up...
Large real estate developers in the country have voiced their support for proposed legislation aimed at extending the Bases Conversion and Development Authority’s (BCDA) corporate term. Filinvest Land Inc. (FLI), Ayala Corp., Megaworld Corp., and Hann Development Corp. have submitted letters of...
SMC Infrastructure and Ayala Greenfield Development Corporation (AGDC), a joint venture between Ayala Land Inc. and the Campos family’s Greenfield Group have broken ground on the Ayala Greenfield Interchange. In a statement, ALI said this is a critical infrastructure project set to improve...
Two driving schools were suspended for 30 days after they were found to be facilitating the issuance of Theoretical Driving Course (TDC) and Practical Driving Course (PDC) certificates which the Land Transportation Office (LTO) described as equivalent to fixers’ operations. The PDC and TDC...
Marco Polo Residences community in Cebu City The unveiling of the Marco Polo Parkplace marks the completion of the development project that has long become synonymous with premium, elevated living in Cebu. This fifth and final tower will be the crowning jewel within this exclusive hillside...
Every step in property development impacts the environment. From land assessment to planning, construction, and even the daily operations of a finished property, emissions are released, affecting the landscape and contributing to climate change. Recognizing this, real estate developers like Ayala...
The Philippine Stock Exchange has lifted the suspension on the trading of shares of billionaire Manuel B. Villar Jr.’s Golden MV Holdings Inc. after the submission of more details regarding its acquisition of 400 hectares of prime land in Villar City. The Philippine Stock Exchange said the...
Robinsons Hotels and Resorts (RHR), a business unit of Robinsons Land Corporation, is set to invest P10 billion to significantly expand its upscale and ultra-luxury portfolio over the next few years. In a disclosure to the Philippine Stock Exchange, Robinsons Land said this strategic investment...
The P1.55 billion tender offer of Filinvest Land, Inc. for its shares in exchange for shares of its real estate investment trust, Filinvest REIT Corporation (FILRT), will start next week. In a disclosure to the Philippine Stock Exchange, FLI said the tender offer will run from Oct. 7 to Nov....
The inaugural Manila Bulletin Sustainability Focus Session was held at the University of Santo Tomas on Monday, September 30, 2024, with Makati City Mayor Abby Binay (center) delivering the keynote address. Manila Bulletin President Dr. Emilio C. Yap III (seventh from left) and Manila Bulletin...