Cebu, Philippines—Robinsons Land Corp. (RLC) is set to complete in early 2019 its 300-room resort, Dusit Thani Mactan Cebu Resort, as the company continues to beef up its real estate portfolio in Cebu City. The planned resort is a short drive from the newly expanded Mactan Cebu International Airport. “The

Manila, Philippines—After the agency’s successful crackdown on illegal drugs. the Philippine Drug Enforcement Agency (PDEA) declared Barangay Ayala Alabang in Muntinlupa City as a drug-cleared barangay last Friday, Sept. 7. PDEA representative Atty. Arly Agtay, Dangerous Drugs Board (DDB) Usec. Aileen Matibag, Coun. Lester Baes, representing Muntinlupa Mayor Jaime Fresnedi, and

Manila, Philippines—Megaworld, one of the Philippines’ largest developers and lessors of office spaces, is constructing a 25-story customized office building for the Philippine Global Service Center of JPMorgan Chase Bank N.A., one of the world’s leading global banking and financial services providers. With its estimated 70,000 square meters of gross

Manila, Philippines—Property developer DMCI Homes has recorded P23.01 billion in reservation sales for the first half of 2018, up 4% from P22.12 billion during the same period last year. The company’s net income also increased to 41% from P1.759 billion for the first half of 2017 to P2.488 billion in

Iloilo City—Property developer Megaworld adds a South wing to the 10-story condominium Saint Dominique, its seventh residential tower in the 72-hectare Iloilo Business Park, as announced in a statement from Jennifer Palmares-Fong, vice president for sales and marketing-Iloilo Business Park. Located just across the Richmonde Hotel Iloilo, Saint Dominique’s new

Manila, Philippines—Golden Bria Holdings Inc., the holding company of death care company Golden Haven Inc. and mass housing developer Bria Homes Inc., reported a record 87% growth in net income for the first half of the year, P596 million in 2018 from P319 million in 2017. The growth was fueled

Manila, Philippines–Vista Land & Lifescapes Inc., one of the country’s leading integrated property developers, posted a 17% growth in net income for the first semester of 2018, P5.2 billion from P4.5 billion in the same period last year. Its consolidated revenues also increased by 16%, P21.1 billion from P18.2 billion

Manila, Philippines—CentralHub Industrial Centers Inc., the industrial leasing subsidiary of DoubleDragon Properties Corp., has completed the first ever CentralHub prototype of its future industrial warehouses across the Philippines. “The prototype is designed to provide a maximum flexibility for its users such as commissaries, cold storages, light manufacturing, and logistics distribution

Manila, Philippines—The first half earnings of Global‐Estate Resorts Inc. (GERI), a subsidiary of Megaworld, soared to P794 million, up 18% from P670 million during the same period last year. Its net income, which is attributable to its parent company’s shareholders, also posted an 18% increase, up to P814-million this year

Manila, Philippines—The Chamber of Real Estate & Builders’ Associations Inc. (CREBA), in cooperation with the De La Salle College of Saint Benilde School of Professional and Continuing Education (DLS-CSB SPACE), has opened its certificate course “Modern Trends in Real Estate Appraisal” on July 28. The course is the fourth of