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SM to raise $740M for PH, China expansion

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Property giant SM Prime Holdings Inc. (SMPH) plans to raise around $740 million from a mix of peso and US dollar-denominated borrowings this year to further expand its footprint locally and in China.

Posted: March 29th, 2014 in Headlines | Read More »

Roxaco bullish on upscale property sector

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Surging demand for high-end real estate projects bodes well for the resort and leisure segments of the market, property developer Roxaco Land Corp. said yesterday.

Posted: March 29th, 2014 in Headlines | Read More »

7 firms to bid for lease, development of SCTex Macangcung area lot—BCDA

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THE SUBIC-CLARK-TARLAC Expressway INQUIRER FILE PHOTO

Seven firms have expressed interest in bidding for the long-term lease and development of a two-hectare property along the 94-kilometer Subic-Clark-Tarlac Expressway (SCTEx), the state run Bases Conversion and Development Authority (BCDA) said.

Posted: March 25th, 2014 in Latest Business Stories | Read More »

‘CityMall’ project to cost P24B

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Property developer DoubleDragon Properties Corp., a joint venture between Mang Inasal founder Edgar “Injap” Sia II and Jollibee founder Tony Tan Caktiong, expects to invest close to P24 billion to build a chain of 100 community malls over the next five to six years.

Posted: March 19th, 2014 in Headlines | Read More »

Plans for Clark Green City readied

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State-run Bases Conversion and Development Authority is spending this year an initial P1.3 billion to prepare some 1,300 hectares of the Clark Green City, as these lots will be offered to the private sector for long-term lease and further development.

Posted: March 19th, 2014 in Headlines | Read More »

Firm sets P20-B Azure project in Pampanga

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Century Properties Group (CPG) is building a P20-billion mixed-use, resort-themed complex in Pampanga with a residential component replicating its Azure community and a beach club designed in collaboration with American socialite and fashion icon Paris Hilton.

Posted: March 15th, 2014 in Editor's Pick,Headlines | Read More »

Vista Land sets ’14 capex at P21B

Vista Land & Lifescapes Inc., the country’s largest home builder, is spending more this year as it plans to launch more projects, both for its core residential development and growing commercial businesses.

Posted: March 12th, 2014 in Headlines | Read More »

Vista Land grows ’13 net profit by 15%

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Leading housing developer Vista Land and Lifescapes Inc. grew its net profit last year by 15 percent to P5.06 billion on a double-digit expansion in revenues from the completion of residential units across various brands.

Posted: March 11th, 2014 in Headlines | Read More »

Vista Land nets P5b in 2013

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FILE PHOTO

Leading housing developer Vista Land & Lifescapes grew its net profit last year by 15 percent to P5.06 billion on a double-digit expansion in revenues from the completion of residential units across various brands.

Posted: March 10th, 2014 in Latest Business Stories | Read More »

RLC expanding market reach via new program

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Gokongwei-led Robinsons Land Corp. unveiled yesterday a portfolio of ready-for-occupancy high-rise residential condominium units pooled into a new program offering attractive financing plans, including lease-to-own options.

Posted: March 5th, 2014 in Headlines | Read More »

8990 Holdings buys Pasig lot for P2.2B

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Low-cost residential developer 8990 Holdings Inc. has expanded its landbank in the metropolis by clinching a deal to acquire a 13-hectare property in Pasig City for P2.2 billion.

Posted: February 22nd, 2014 in Headlines | Read More »

Megaworld sees P2B in Makati condo sales

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Property developer Megaworld Corp. is expecting about P2 billion in sales for a new residential condominium in Makati City, called Salcedo Skysuites in Makati City.

Posted: February 19th, 2014 in Headlines | Read More »

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