Quezon City mayoralty aspirant and Anakalusugan Rep. Mike Defensor vowed on Friday, Oct. 15 to stop the increase in land taxes imposed by the city government on residential, commercial and industrial lots if elected mayor in the May 2022 elections. Rep. Michael Defensor2 Defensor, who chose...
Eton Properties Philippines Inc. reported that it has secured a five-year office leasing contract in Centris Cyberpod Five, located in the BPO-IT lifestyle hub Eton Centris along EDSA, Quezon City . PHC President Karlu Tan-Say In a statement, the firm said the contract is with one of its existing...
A total of 134 individuals passed the September 2021 Real Estate Appraiser Licensure Examination, the Professional Regulation Commission (PRC) said Wednesday. PRC/MB PRC said the Real Estate Appraiser Licensure Examination was given by the Board of Real Estate Service in Manila, Cagayan De Oro,...
The public listing of the Philippines’ fourth real estate investment trust (REIT) company amid the lingering pandemic confirms investor optimism in the country’s solid recovery, the government’s chief economic manager said. At the listing ceremonies in the Philippine Stock Exchange (PSE) on...
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...
