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Andrew Tan’s Alliance Global Group to develop 12,000 hotel rooms by 2020

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Andrew Tan. INQUIRER FILE PHOTO

Real estate tycoon Andrew Tan sees his Alliance Global Group scaling up its hotel portfolio to 12,000 rooms or about six times the current capacity by the year 2020, then seen catapulted to be the country’s largest hotel developer.

Posted: August 20th, 2014 in Latest Business Stories | Read More »

Megaworld to invest P45B in high-end ‘Mckinley West’ township

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Screengrab from www.megaworldcorp.com

Tycoon Andrew Tan-led Megaworld Corp. is investing P45 billion into the 34.5-hectare former Jusmag property in Fort Bonifacio now called “Mckinley West,” which will likewise mark its foray into the “ultra” high-end township development.

Posted: July 8th, 2014 in Latest Business Stories | Read More »

Biz Buzz: A union of bourses

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The bid of the Philippine Stock Exchange (PSE) to acquire the Philippine Dealing System Group (PDS)—for the purpose of consolidating the country’s capital market infrastructure—has regained momentum as the Bankers Association of the Philippines (BAP) seems amenable to the former’s offer based on an enterprise value of a little more than P2 billion (for 100 percent of PDS).

Posted: June 23rd, 2014 in Columnists,Featured Columns,Inquirer Columns | Read More »

Megaworld sees net profit breaching P10B mark

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Property developer Megaworld Corp. expects to develop more than five million square meters of residential, office, property and retail space over the next 10 years, replicating its scale of production during the last 25 years.

Posted: June 23rd, 2014 in Headlines | Read More »

Tan consolidates property assets under Megaworld

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Property tycoon Andrew Tan has completed the consolidation of his real estate businesses under flagship Megaworld Corp. with the latter’s takeover of a controlling stake in the group’s leisure estate arm Global-Estate Resorts Inc. (Geri).

Posted: May 10th, 2014 in Headlines | Read More »

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