8990 To Open Neighborhood Mall in Tondo
8990 Holdings Inc, the Philippine’s top affordable homes developer, moved closer to its goal of securing its foothold in Metro Manila with the ground-breaking ceremony of its first lifestyle neighborhood…
SM Prime To Expand Malls, Residential Businesses in Provinces
SM Prime Holdings, Inc. (PSE:SMPH), the Philippines’ leading integrated property company, plans to spend at least PHP50 billion per annum over the next two years to support its developmental goals.…
Minglanilla Highlands Soon To Rise in Uphill Site in Cebu
Minglanilla Highlands, a P2-billion (USD40 million) residential mountain resort community, will soon rise in a 25-hectare uphill site in barangay Tubod, Minglanilla, Cebu. Property developer SterlingLand Residences and Development Inc…
China Fortune Land To Launch Indonesia’s First International New Industry City
China Fortune Land Development (CFLD), one of China’s biggest real estate companies, is set to launch Indonesia’s first international new industry city on 6 April, according to a Xinhua report.…
Century Properties Launches Php2B Housing Project in Cavite
Philippine-listed real estate developer Century Properties Group, Inc. (PSE:CPG) has announced the launch of the Philippines’ first home market category, which will unveil its brand name and product offerings in…
Fast Facts on SM Prime’s 14% Net Income Growth
Philippine Stock Exchange (PSE)-listed SM Prime Holdings, Inc. (SM Prime), the Philippines’ leading integrated property company, registered a recurring net income growth of 14% in 2016 to PHP23.8 billion from…
Filinvest Rescinds Purchase of 19.2-hectare Land in Cebu
Philippine Stock Exchange-listed property developer Filinvest Land Inc has officially announced that it has decided to exercise its option to rescind its purchase of a 19.2-hectare property in Cebu City’s…
Megaworld To Open Two New Office Towers In Iloilo
ILOILO CITY, Philippines – Megaworld, the country’s largest office developer and lessor, is set to open two new office towers in Iloilo City, doubling its office space inventory in Iloilo…
Megaworld to Double Condominium Project in Makati City
PHILIPPINES – Property giant Megaworld is expanding its residential condominium project in Makati City, the San Antonio Residence, with additional 478 units that will comprise the development’s ‘East Wing’. Located…
Australia Property News: Melbourne’s World Trade Center, General Gordon Hotel Sold
World Trade Center Melbourne, one of Melbourne’s largest integrated waterfront office complexes strategically located on the banks of the Yarra River, has been sold for $267.5 million. Abacus Property Group…
Malaysia’s KIP REIT Receives Strong Response from Institutional, Retail Investors
KUALA LUMPUR — Main Market-bound first hybrid community-centric retail Real Estate Investment Trust, KIP REIT, recently held its balloting ceremony at Malaysian Issuing House Sdn. Bhd.(MIH) where its 10,200,000 Offer…
Cebu Landmasters To Invest US$241 Million in 2017 Expansion
PHILIPPINES – Cebu Landmasters Inc (CLI), the top Cebu-based developer with the second highest market share of residential condominium units in Cebu, is projecting an investment amounting to Php12 billion…
Taiwan’s Multi-Awarded King’s Residence To Start Global Sales in November
Taiwan’s topmost luxury mansion, King’s Residence, will kick off its official global sales in early November, according to its developer, King’s Town Construction Co Ltd (King’s Town), a leader property…
China Goldjoy Acquires USD42m Hefei Property
Chinese investment holding firm China Goldjoy Group Ltd (China Goldjoy) has announced that it has agreed to pay Rmb315 million (USD42 million) to acquire properties in Hefei City, China. The…
Megaworld Expands Hotel Business
PHILIPPINES – As part of its business strategy in strengthening its recurring income, Megaworld (PSE:MEG) is also expanding its hotel business with the launch of its third hotel brand this…
Megaworld Launches 6th Residential Tower in Iloilo Business Park
PHILIPPINES – Megaworld, the country’s largest developer of integrated urban townships, is launching its sixth residential tower in the 72-hectare Iloilo Business Park township in Mandurriao, Iloilo City. To be…
GT Capital Acquires Majority Stake in Pro-Friends
GT Capital Holdings, a listed major Philippine conglomerate, has subscribed to an additional 28.3% equity stake in Property Company of Friends (Pro-Friends) for Php8,76 billion, raising its stake from 22.7%…
Centuria Property Funds Acquires The Zenith
Centuria Capital (ASX: CNI), an ASX-listed specialist investment manager, has announced that subsidiary, Centuria Property Funds Limited (CPFL), has exchanged contracts to purchase The Zenith, an institutional grade office asset…
Guidance Investments Announces First Closure of Logistics Real Estate Investment Fund
KUALA LUMPUR, MALAYSIA – Guidance Investments has announced the first closure of its Logistics Real Estate Investment Fund, South East Asia’s first Fund focused on the logistics and industrial sectors,…
4th Asia Pacific Real Estate Investment Summit Philippines To Tackle ASEAN Integration
MANILA – The 4th Asia Pacific Real Estate Investment Summit Philippines will take place on 22 October at the Solaire Resort & Casino in Manila. Among the issues that will…