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Manila, Philippines—ArthaLand Corporation (ALCO), a local developer that champions sustainability in its projects, recently signed an agreement with Mitsubishi Estate Company Ltd. (MEC), one of the largest real estate developers in Japan. The agreement, which is MEC’s first venture in the country, states the 40 percent acquisition in ALCO’s ownership

Manila, Philippines—Megaworld is building its second residential development, the Arcovia Palazzo, in its 12.3-hectare Arcovia City township along C-5 Road in Pasig City. Designed by UK-based architectural firm Broadway Malyan, Arcovia Palazzo will have three residential towers: the 40-story Altea Tower, 45-story Benissa Tower, and 49-story Cantabria Tower. With a

Batangas, Philippines–Real estate developer AboitizLand recently celebrated its 25th anniversary by rolling out its expansion plan for its township LIMA in Lipa, Batangas. LIMA is currently home to major manufacturing companies and international and local retailers. A 49-hectare residential area, The Villages at Lipa, which features designer homes inspired by

Manila, Philippines—Ayala Land Inc. recorded a 12% increase in net income at P15.2 billion in the first six months of 2019. Its total revenues also increased by 4% at P83.2 billion during the period. The hike was driven by the sustained growth of the company’s property development business led by

Manila, Philippines–Property giant Megaworld will open eight new malls, which will total to around 200,000 square meters of retail space, across the country in the next three years. “For the next three years, the Megaworld Lifestyle Malls brand will be seen in key growth areas around the country as we

Manila, Philippines—DMCI Homes has launched Cameron Residences to add to its growing portfolio in Quezon City, the densest city in the country. The 45-story tropical-themed residential tower is located along Mapalad Street, near Roosevelt Avenue. “Quezon City more than ever is shaping up to be a real estate hotspot with

Cagayan de Oro, Philippines—After beating other major real estate players, Cebu Landmasters Inc. (CLI) is now in talks with Xavier University-Ateneo de Cagayan (XU) to transform the latter’s 63.5-hectare “Manresa” property into a premier university town over the next several years. The property is located in uptown Cagayan de Oro

Manila, Philippines—The Professional Regulation Commission (PRC) has announced that 211 out of 320 examinees passed the Interior Design Licensure Examination given by the Board of Interior Design in June 2019. The successful examinees who topped the examination were the following: Ana Bernadine De Leon Carillo, University of Santo Tomas –

Iloilo, Philippines—Township developer Megaworld is set to open its transport hub, budgeted at P350 million, in the Iloilo Business Park this year. Named Iloilo Business Park Transport Hubs, the facility, located along Megaworld Boulevard, will have two terminals: one for departures, the other for arrivals—occupying 4,000 square meters each. The

Photos: Oliver Oliveros | Cover Art: Jekelyn Nisola via Canva.com Manila, Philippines–’Chinatown Museum,’ built by Megaworld Corp., has recently opened its doors to the public. The museum, which showcases the colorful history of Binondo, the “World’s Oldest Chinatown,” is located at the 4th level of Lucky Chinatown Mall in Binondo.