Yuchengco-led Rizal Commercial Banking Corp. is unloading its stake in the property company that owns the RCBC Plaza along Ayala Avenue as part of preparations for stringent capital adequacy requirements under Basel 3.
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).
Two E-Com Center, a 15-level twin tower developed by SM Land in the Mall of Asia complex in Pasay City, was cited as the Best Office Development in the Philippines in the 2012 Asia Pacific Property Awards.
Tomorrow is Three Kings Day! As a child, I looked to it as my last hurrah for more Christmas “earnings,” as I’d wake up to the sight of my shoes that I set upon my window sill the night before, partially filled with coins dropped by the three Magi as they rode their way back home from Bethlehem—or so says the story upholding this old Hispanic tradition.
Fast-growing residential developer SM Development Corp. is investing around P2 billion to build a new 40-story condominium along Aurora Boulevard in Quezon City, near its first and now fully completed residential project.
