News

DMCI beefs up construction, property devt assets in Cebu

MACTAN, Cebu—Consunji-led DMCI Holdings Inc. is beefing up its investments in Cebu, mainly on property development and construction activities as it banks on the improving wealth of cities outside of the country’s capital. DMCI Chairman Isidro A. Consunji said the company’s property development arm DMCI Homes has acquired two properties in Cebu for the development of its...

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DMCI Homes buys 9,695-sqm property in Cebu

Cebu City―DMCI Homes, the real estate arm of DMCI Holdings Inc., expanded its landbank with the acquisition of a 9,695-square-meter property in Barangay Lahug in this city. The Lahug property is the second land acquisition made by DMCI Homes in Cebu after acquiring a lot in Barangay Guadalupe where another residential community will rise. “Cebu is one of the fastest-growing economies i...

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P2.8B in lots sold on first day of ‘Broadfield’ launch by Alveo

Ayala-owned property developer Alveo Land has unveiled a new commercial district in Binan, Laguna as part of its mixed-use estate called “Broadfield,” bringing to the property market P18 billion worth of fresh commercial lot inventory. Targeting business enterprises that want to put up their own building or develop mid-rise condominium towers, Alveo has allocated 36.6 hectares for t...

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DMCI beefs up presence in Cebu

MACTAN, Cebu – DMCI Holdings, Inc. is beefing up its investments in Cebu as it banks on the government’s Build, Build, Build program to boost business activity, particularly for the construction and real estate sectors. In a media briefing, DMCI Chairman Isidro A. Consunji said residential developer DMCI Homes has acquired two properties in Cebu which it will develop into their sign...

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Sta. Lucia showcases Negros project

LISTED Sta. Lucia Land Inc. (SLI) announced on Friday that it recently opened its P500-million mixed-use development at Barangay Rizal, Silay City, Negros Occidental. In a filing with the local bourse, the listed property developer said that the 67-hectare (ha) La Alegria Residential Estates, which it described as the “Paris of Negros Occidental,” is the second project development o...

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Sta. Lucia beefs up land bank in Davao, Zambales

STA. LUCIA Land, Inc. (SLI) continues to expand its land bank with the planned acquisition of more than 100,000 square meters (sq.m.) of land in provincial areas. In a disclosure to the stock exchange on Wednesday, the listed property developer said its board of directors has authorized the firm to acquire parcels of land spanning 74,490 sq.m. in Davao; 35,588 sq.m. in Zambales, 917 sq.m. in Ri...

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