TYTANS Properties and Development, Inc. tapped KMC Savills as the official property management partner for its premier condotel Lapu-Lapu City, Cebu. Tytans Properties Chairman Montano Ty and President Gerard Tan signed the deal with KMC Managing Director Michael McCullough and Property Management Director Francis Fuellas. Tambuli Seaside Living (TSL) is an 11-hectare project in Buyong, Mari...
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CATHAY LAND is confident its industrial park in Silang, Cavite will continue attracting companies who want to take advantage of its strategic location. Jeffrey Ng, president of Cathay Land, said he is bullish on the Cavite Light Industrial Park (CLIP), based on the strong demand and positive reviews from its clients. This is why the company is continuing to develop and expand CLIP. “Th...
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MANILA, Philippines — Damosa Land Inc. (DLI) recently topped off the Damosa Diamond Tower, strategically situated in the Damosa IT Park along J.P. Laurel Ave. in Davao City. Only a 10-minute ride from Davao International Airport, and about five minutes away from key establishments, the office tower stands 17 stories high, has a land size of 2,200 square meters, and a building footprint of...
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CEBU Landmasters, Inc. (CLI) reported its reservation sales in 2019 jumped 31% to P12.67 billion, driven by higher demand in its key projects across the country. In a statement yesterday, the listed property developer said the turnout did not only surpass its P9.6-billion reservation sales in 2018, it also exceeded its target of reaching P12.5 billion in 2019. “Reservation sales is an...
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8990 Holdings, Inc. is expecting to record revenues of about P20 billion for 2020, driven by the partial opening of its Urban Deca Homes Ortigas project by year’s end. In a topping-off ceremony at the project’s site in Ortigas yesterday, 8990 Holdings Chairman Mariano D. Martinez, Jr. told reporters the company is expecting four of the 22 buildings that comprise the project to be co...
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A NUMBER of listed property companies were very enthusiastic with the landmark signing of the Regulations that form part of the framework of the Real Estate Investment Trust (REIT) Act of 2009. The Implementing Rules and Regulations of the Securities and Exchange Commission (SEC), the Revenue Regulation of the Bureau of Internal Revenue (BIR) and Listing Rules of the Philippine Stock Exchange (PSE...
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