CONSUNJI-LED DMCI Homes and Gokongwei-led Robinsons Land Corp. are teaming up for a three-building condominium project in Las Piñas City. In a statement, the real estate arm of listed DMCI Holdings, Inc. announced its joint venture with Robinsons Land to build Sonora Garden Residences, a condominium that promises a resort-living experience within the metro. The development will stand...
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DMCI Holdings, Inc. on Wednesday said it booked a net income of P2.8 billion in the third quarter, 47% higher year-on-year, which was attributed to “normalized coal operations” of Semirara Mining and Power Corp. (SMPC). In a statement, DMCI said core earnings in the third quarter went up 24% to P2.6 billion, excluding the P164-million non-recurring loss from the company’s shar...
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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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DMCI PROJECT Developers, Inc. has bought more land in Cebu to support its plans to expand its presence outside Metro Manila. The operator of DMCI Homes said in a statement over the weekend it recently acquired a 9,695-square meter property in Lahug, Cebu City, which it is looking to develop into a vertical community. “Cebu is one of the fastest growing economies in the Philippines. Exp...
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