CPG, Alvarez in realty venture
By Doris C. DumlaoCentury Properties Group Inc. is breaking into Bonifacio Global City’s burgeoning office and hotel property markets in partnership with the Alvarez group’s Asian Carmakers Corp. (ACC).
Century Properties Group Inc. is breaking into Bonifacio Global City’s burgeoning office and hotel property markets in partnership with the Alvarez group’s Asian Carmakers Corp. (ACC).

Property developer Century Properties Group Inc. is breaking into Bonifacio Global City’s burgeoning office and hotel property markets in partnership with the Alvarez group’s Asian Carmakers Corp (ACC).

Asian Carmakers Corp. (ACC), the official importer and distributor of BMW in the Philippines, continued to lead the premium automotive segment, posting its highest sales of 106 units last June and dominating the market with a 41-percent market share for the month.
Despite a slump in the local automotive industry in 2011, sales of premium luxury vehicles by BMW rose by an impressive 19 percent to 792 units, cementing its position as the country’s leading premium automotive brand.