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The consortium of Megawide Construction Corp. and India’s GMR Infrastructure Ltd. took over the concession to operate and expand Mactan Cebu International Airport, the country’s second-busiest air facility, in 2014. INQUIRER.net FILE PHOTO
Many of us have been wondering when all this mall building frenzy will finally reach its saturation point. At last it is happening. Property consulting firm Colliers reports that vacancy rates are rising amid cutthroat competition in Metro Manila.
New investments registered at the Board of Investments (BOI) reached P294.8 billion in the first seven months of the year, up 40 percent from P210.4 billion in the same period in 2016 amid “strong macroeconomic fundamentals and support” for government’s socioeconomic agenda.
MANILA, Philippines - The value of projects registered with the Board of Investments (BOI) went up 40 percent in the first seven months of the year as the country’s sound macroeconomic environment continued to lure investors, trade officials said.
MANILA, Philippines - Rockwell Land Corp., the listed property developer of the Lopez family, has partnered with Mitsui Fudosan Co. Ltd., said to be Japan’s largest real estate company, for the development of a P9 billion residential project in Quezon City.
I’ve seen the cardboard Rockwell, the scale model scrutinized at meetings every morning by the Lopez clan patriarch, Eugenio “Geny” Lopez Jr., when it was but a dream of a life well lived in the city.
MANILA, Philippines - Diversified engineering and infrastructure conglomerate Megawide Construction Corp. posted a first quarter net income of P549 million, 4.37 percent lower than P573 million in the same period last year.
MANILA, Philippines - Rockwell Land Corp. will use P3 billion worth of its retained earnings for capital expenditures this year.
SERVATHON INQUIRER employees volunteer to produce ecobags from old newspapers during the Servathon 2016 event organized by the Hands on Manila Foundation. ARNOLD ALMACEN
MANILA, Philippines - Ormoc City, Leyte - The Lopez Group has raised P196 million to complete the construction of typhoon-resilient school rooms in areas hit by super Typhoon Yolanda and other recent disasters by September this year.
Rockwell Land Corporation, the property development arm of the Lopez group of companies, is allotting P10 billion to P12 billion for its capital expenditures, as it expands its hotel and leisure business amid the upbeat tourism growth prospects of the country.
PROPERTY developer Rockwell Land Corp. is raising up to P5 billion from a bilateral loan facility with Metropolitan Bank and Trust Co. Rockwell told the Philippine Stock Exchange on Monday that its
Colgate-Palmolive Philippines Inc. may consider reviving its manufacturing operations in the country should the next administration address infrastructure problems and high cost of utilities such as electricity and water, a top company official said.
Colgate-Palmolive Philippines, Inc. is targeting a double-digit increase in its revenue this year because of election-driven consumption growth, even considering to bring back its manufacturing operations in the country should the next administration beefs up efforts to reduce power rates and improve the infrastructure. Colgate-Palmolive is the Philippine subsidiary of global manufacturing giant Colgate-Palmolive Company (CL) that is based in the United States.
Filipinos have been used to buying real estate the traditional way, relying on referrals and word-of-mouth. But there is another way and that is the right way. The current boom in the Philippine real estate market has brought fears of a property bubble. In the second quarter of 2015, the real estate sector in the Philippines posted a growth of 11 percent. Global data also shows robust growth.
In this world we live in, people continuously strive to create something that would last beyond one’s lifetime. Thus, we look up to super achievers. With Sofitel Philippine Plaza, People Asia brought together industry influencers and doers who reshape our world. It was a night of experiencing Filipino excellence as chairman Ray Espinosa and publisher Babe Romualdez welcomed esteemed guests to the prestigious 2016 People of the Year awards night at the Grand Plaza Ballroom of Sofitel.
Deciding which property development to invest one’s hard-earned money entails thorough research on the real estate developer, the project’s location, amenities, payment terms, the community, and the property management.
Premier developer Rockwell Land is bringing art and culture into the everyday lives of its residents as it launched recently the fifth and last masterpiece in its latest project, The Proscenium.