What happened, and who moved.
INFORMATION technology-business process management (IT-BPM) firms are following workers who returned to their home provinces after the pandemic, supporting office demand outside Metro Manila, according to SM Offices. The office leasing arm of SM Prime Holdings, Inc. said access to regional talent, transport…
FRENCH hospitality group Accor has introduced its Mercure brand in the Philippines with the opening of the 550-room Mercure Mactan Cebu, formerly the Belmont Hotel Mactan. “Introducing Mercure to the Philippines for the first time with the opening of Mercure Mactan Cebu marks a strategic expansion for the brand, as…
Vibe Hotels has expanded its presence in Metro Manila with the opening of its Alabang branch, as the hospitality brand of Sun Group of Companies seeks to bring its accommodations and dining concepts to more travelers. Vibe Hotel Alabang officially opened with a ribbon-cutting ceremony attended by executives of Sun…
Malaysia-based coworking space operator Common Ground on Wednesday said it is targeting startup firms in its new location in Taguig City, amid the rise of flexible workspaces in the Philippines. “We have investors from startups who are exploring BGC (Bonifacio Global City) but found BGC to be too expensive, so now,…
PROPERTY market analysts said the government’s decision to raise the Home Development Mutual Fund (Pag-IBIG Fund) housing loan ceiling to P10 million is expected to expand the pool of homebuyers in the mid-market residential segment, although sustained growth will depend on developer pricing, transport…
FOR YEARS, Administrative Order No. 18 (AO 18) served as a policy gatekeeper, limiting the proclamation of new Philippine Economic Zone Authority (PEZA) zones in Metro Manila to encourage investment dispersion outside the capital. While well-intentioned, the policy also created an unintended consequence: it…
AYALA LAND, INC. and Eton Properties Philippines, Inc. are accelerating the expansion of their Parklinks joint venture, with the flagship Parklinks Mall set to open in 2027 as the mixed-use estate expands its retail, residential, and community offerings. “The mall will feature a curated mix of retail, dining,…
THE REAL Property Valuation and Assessment Reform Act (RPVARA) is expected to reduce uncertainty in property investment by standardizing land valuations and requiring regular updates, a shift analysts said could improve project planning and accelerate large-scale developments. The reform seeks to replace…
TAN-LED Megaworld Corp. has raised P5.6 billion through block sales of shares in MREIT, Inc. from April to July to fund new developments ahead of the real estate investment trust’s (REIT) fifth asset infusion. In a statement on Monday, Megaworld said the proceeds will be reinvested in recurring income-generating…
AYALA LAND Offices (ALO), the office leasing unit of Ayala Land, Inc., said its One Ayala East and West Towers have obtained Leadership in Energy and Environmental Design (LEED) Gold certification, covering 74,531 square meters of gross floor area of office space. “By achieving both LEED and EDGE Zero Carbon…
REYTECH CONSTRUCTION and Development Corp. is promoting the use of pre-engineered building (PEB) technology as a way to reduce construction time and labor costs amid rising input prices and labor shortages. Speaking to BusinessWorld on the sidelines of the Philconstruct Expo last week, Reytech Construction…
DUSIT THANI Mactan Cebu Resort, part of Robinsons Hotels and Resorts, the hospitality arm of Robinsons Land Corp., ranked third in the Philippines’ Beach, Island + Upcountry Resorts category at the Travel + Leisure Luxury Awards Asia Pacific 2026. The beachfront resort, located within the Amisa mixed-use…
MEGAWORLD CORP. plans to launch P50 billion worth of residential projects in 2026 as it expands its integrated township developments and capitalizes on demand in high-growth provincial markets. “Our plan reflects measured but meaningful growth, with P50 billion in residential launches, P55 billion in capex, and…
ROBINSONS LAND CORP.’s office unit, Robinsons Offices, has expanded its Visayas footprint with the launch of work.able Iloilo, which it described as the first and largest flexible workspace in Western Visayas. “Iloilo presents a compelling opportunity for companies that want to grow beyond Metro Manila while…
DOUBLEDRAGON CORP. said its 519-room Hotel101-Davao is scheduled to open on July 30, making it the largest hotel in Mindanao by room count. The hotel is located on a 5,384-square-meter property along Eco West Drive in Davao City, about a one-minute walk from SM City Davao. In a statement on Monday, DoubleDragon…
AYALA LAND, INC.’s office unit Ayala Land Offices has welcomed Australian digital healthcare provider Eucalyptus to Click Space, its flexible workspace offering at One Ayala in Makati City. Eucalyptus, an Australia-based digital healthcare company that provides end-to-end telehealth services, will use Click Space’s…
GOTIANUN-LED Filinvest Land, Inc. secured multiple gold awards across its residential properties at the FIABCI Philippines Property and Real Estate Excellence Awards, including Developer of the Year for the third consecutive year. “Winning across Luzon, Visayas, and Mindanao proves that our residential offerings…
PHINMA Property Holdings broke ground on the Dahlia Tower of Maayo Terraces, its latest condominium project within the 21-hectare Saludad township in Bacolod, Negros Occidental, as key township components continue to be developed. “What was once a vision on paper is steadily becoming a real and active address where…
ARTHALAND CORP. is targeting four international and local green building certifications for its latest premium residential project, Sondris, developed through a strategic joint venture with Mitsui Fudosan (Asia) Pte. Ltd. The 41-storey vertical residential development project, located along Arnaiz Avenue and…
ABOITIZ Economic Estates, the mixed-use industrial development arm of the Aboitiz group, said the first 200 hectares (ha) of TARI Estate are expected to become operational this quarter. “TARI Estate reflects the company’s continued development of fully integrated estates designed to support manufacturing activity,…
AYALA Land Estates, Inc. said it has expanded its car-free Sundays initiative to Azuela Cove and North Point as part of its broader push to promote pedestrian-oriented and open-street developments. “By opening streets to people, even temporarily, these estates create opportunities for movement, interaction, and…
Taal Vista Hotel has opened its Presidential Villa and unveiled newly renovated rooms as part of its ongoing property upgrades. The hotel recently introduced the Presidential Villa, a 630.2-square-meter private retreat overlooking Taal Lake. The villa features a grand foyer and living area, formal dining room,…
TWO of Federal Land NRE Global, Inc.’s residential properties, Yume at Riverpark and The Observatory, were recognized by the International Property Media during the Asia-Pacific edition of the International Property Awards 2026-2027. The awards, held from May 6 to 7 at the Bangkok Marriott Marquis Queen’s Park,…