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real estate news

Manila, Philippines—According to a report posted at the Philippine Stock Exchange (PSE), DMCI Holdings Inc. (DMC) is earmarking over P40 billion for its capital spending this year, more than doubling its capital commitment of P19.3 billion last year.  The upsurge is largely to support the growth of its real estate

Manila, Philippines–The real estate exposures (REEs) of universal, commercial (U/KBs), thrift banks (TBs) and trust departments reached Php1.4 trillion at the end of the second quarter in 2015. The figure is a 6.8 percent quarter-on-quarter (Q-o-Q) increase from the REEs posted by the banks at end-March 2015. REEs increased amid