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REIT revival looms this year Stock market investors may see a revival of the real estate investment trust (REIT) market this year.

Philippines president picks longtime lawmaker as new finance minister PHILIPPINE President Ferdinand Marcos Jr has appointed longtime lawmaker Ralph Recto as his finance minister, GMA News reported on Thursday (Jan 11), quoting the congressman’s wife. Read more at The Business Times.

PH 10-month net FDI inflows reach USD6.5B MANILA – The net value of inward direct investments by foreign investors into the Philippines amounted to USD6.5 billion from January to October 2023, the Bangko Sentral ng Pilipinas (BSP) reported Wednesday. The BSP said net foreign direct investment (FDI) inflows in the first 10 months last…

Binay eyes real estate tax cut in Makati - Manila Standard Makati City Mayor Abigail Binay said she is considering reducing the Real Property Tax (RPT) and other local taxes to create a more business-friendly environment and provide relief to entrepreneurs. “To our partners in the business community, your steadfast support has been integral to our city’...

PH growth to remain one of region's highest THE Philippines will remain one of the fastest-growing East Asia and Pacific (EAP) economies even as a slowdown in China weighs on the region's expansion, the World Bank said on Tuesday.

Guide to property investments to make in 2024 in the Philippines | BusinessMirror Manila, Philippines—Real estate continues to be a wise investment in 2024, as projections and property sales are increasing. Reports say this is due to strong economic growth, steady property demand, and the government’s commitment to developing more infrastructures. With the real estate market ...

Yuchengco’s House of Investments gets SEC nod to buy Grepa Realty The Securities and Exchange Commission has approved Yuchengco-led House of Investments’ move to acquire GPL Holdings Inc.’s shares in Grepa Realty Holdings Corp.

ALI opens first integrated development in Mactan Seagrove, Ayala Land Inc., (ALI) first integrated development on Mactan Island, has officially opened its doors, enhancing the culinary and entertainment offerings along the Punta Engaño stretch.

Live at the crossroads of connectivity WITH urbanization already creeping outside of Metro Manila and making its way up north, Balintawak solidifies its prominence as a strategic spot in Quezon City. Being situated near the North Luzon Expressway (NLEX), it has always served as the traditional gateway to Northern Luzon and its provinces,...

JLL expects more property conversions this year - BusinessWorld Online MORE Philippine real estate may be converted into housing and retail spaces this year as property developers repurpose out-of-date buildings, according to JLL.

Baguio’s unwavering real estate appeal Living in Baguio City, often celebrated as the “Summer Capital of the Philippines”, presents a unique experience distinct from other Philippine cities. Its cold, temperate climate is still

Upgrading your assets: Your guide to investing in premium condominiums in the Philippines - BusinessWorld Online Investing in premium condominiums is not just about acquiring property; it's a strategic move into a world of exceptional living. As the Philippine real estate market continues to evolve, discerning investors are turning their attention to the country’s upscale condo developments.

OFWs seen keeping local property market hot despite steep loan rates MANILA —Overseas Filipino workers (OFWs) are emerging as the local property market’s saving grace as a high interest rate environment continues to dampen appetite for home loans. Latest data

West Cebu Estate kicks off CBD project in Balamban Aboitiz-led West Cebu Estate announced to kick off the development of a 3.3-hectare central business district within the 540-hectare PEZA-registered economic estate in Balamban, Cebu, by 2025.

PH house prices up 13% in Q3 -- BSP Prices of residential real estate went up by 12.9 percent year-on-year as of the third quarter 2023 amid the continued expansion of housing loans across the country, according to the latest Residential Real Estate Price Index (RREPI) of the Bangko Sentral ng Pilipinas (BSP).

BDO completes Keppel buyout in Podium complex BDO Unibank Inc. has completed the buyout of the 50-percent stake of the Keppel Group in the Podium complex in Ortigas Center.

Luxury properties: Beyond investments In the ever evolving landscape of wealth creation, wealth accumulation and ultimately, wealth management, the savvy Filipino investors are increasingly turning their attention to luxury real

The transformative impact of infrastructure on Philippine industrial real estate The Philippine industrial property sector has seen steady growth over the years, driven by the creation of economic zones and demand from the manufacturing and logistics sectors. As the

Frederick Go, Marcos’ new economic czar, and the companies he leads (1st UPDATE) The business reporter-turned-real estate visionary takes on a new role under the Marcos administration. Get to know more about Frederick Go and Robinsons Land.

DMCI Homes, Marubeni to jointly build residential condo Quadruple A developer DMCI Homes and Japanese trading conglomerate Marubeni Corporation are teaming up to build a residential condominium along C5 E. Rodriguez Jr. Avenue in Pasig City. 

IMF Executive Board Concludes 2023 Article IV Consultation with the Philippines The Executive Board of the International Monetary Fund (IMF) concluded the 2023 Article IV consultation with the Philippines.

Landco fetes Batangas community scholars at CaSoBe - Manila Standard Landco Pacific Corporation recently held a Christmas tree lighting ceremony at Calatagan South Beach (CaSoBe) in Batangas. Landco Vice President for Sales and Marketing Gerard Penaflor, together with Adopt-a-Scholar program beneficiaries from the local communities in the vicinity of Landco BeachTown...

Lawmaker: China conducting ‘creeping invasion’ of Philippines China is involved in a “creeping invasion” of the Philippines through massive real estate acquisition using laundered money, Surigao del Norte Rep. Robert Ace Barbers said yesterday.

P5 billion partnership of Sta. Lucia Land with China Banking Corp. undefined

Central Luzon’s economic potential further boosted by Ayala Land’s integrated estates Written by: Amy R. Remo Central Luzon has stood out as a flourishing economic powerhouse especially in recent years. Fueled primarily by improving infrastructure and its increasing

Lancaster New City's first low-rise condo Westwind breaks ground, eyes turnover in Q3 2026 The first low-rise condominium of Profriends inside Lancaster New City, Westwind, has officially broken ground, with a targeted turnover in the third quarter of 2026. The groundbreaking ceremony took place in General Trias, Cavite last November 11, three months after the project’s grand unveiling ...

Philippines to boost campaign vs dirty money The Philippines continues to step up efforts to bolster the effectiveness of the country’s anti-money laundering, counterterrorism financing and counter proliferation financing (AML/CTF/CPF) regime to meet the deadline of Paris-based Financial Action Task Force (FATF).

Redefining progress: Ayala Land offers new approaches to urban living at Evo City in Cavite - BusinessWorld Online The Philippines is no stranger to the winds of change. The challenges of modern life make it imperative that we rethink our approach to urban living. In an era of uncertainty, sustainable communities stand as beacons of progress, reminding us that the choices we make today will shape the world of to...

What we know about Evergrande's financial future A Hong Kong court on Monday gave Chinese property giant Evergrande until the end of January to put together a restructuring plan, offering the embattled firm much-needed breathing room as it teeters on the brink of bankruptcy.

AREIT buys P30-B assets, expands to hotels AREIT Inc. (AREIT), the real estate investment trust of Ayala Land Inc. (ALI), is expanding to the hospitality business as part of its largest acquisition next year of P29.77 billion worth of prime commercial properties.