SSS raises Century Properties stake to 10%

MANILA, Philippines — The Social Security System (SSS) has increased its investment in Century Properties Group Inc. (CPG), raising its ownership stake to nearly 10 percent in a move that the listed property developer said reflects confidence in its long-term growth prospects and shareholder returns.

In a disclosure to the local bourse on Wednesday, the real estate firm said the state-run pension fund increased its ownership interest in the company to about 9.9 percent, from approximately 6.4 percent previously.

READ: SSS entry in Century Properties could attract other big investors

The latest investment comes after the SSS acquired 740.74 million common shares in July 2025.

According to the company, the additional investment highlights the SSS’s confidence in CPG’s business fundamentals, corporate governance, growth strategy and shareholder return profile.

The company also said the move affirms investor confidence in its “twin-engine” strategy, which combines PHirst, its affordable first-home platform, with CPG’s premium residential developments.

“We are deeply honored by SSS’s continued confidence in CPG,” CPG president and CEO Marco Antonio said.

Antonio said the additional investment recognizes the company’s long-term strategy and commitment to delivering sustainable value to shareholders.

The CEO added that CPG would continue focusing on the end-user market, a strategy that allows the company to maintain a steady and healthy stream of dividends while keeping its debt profile at moderate levels.

READ: Century Properties booked record P2.77B profit

The transaction was completed through a block sale executed via the Philippine Stock Exchange in compliance with applicable regulatory and disclosure requirements, the company said. It did not disclose the value of the transaction or identify the selling shareholder. INQ