News

8990 Holdings forecasts year’s revenues to hit P20 billion

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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PROPERTY Bria to hold Grand Open House

MASS HOUSING developer Bria Homes is holding a Grand Open House in more than fifty of its residential communities nationwide on Jan. 25 and 26. “Bria Homes intends to aid in nation-building by showing Filipinos that owning a Bria Home is just the first step towards achieving more goals that, in turn, contributes to the country’s progress,” the company said in a statement. T...

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DMCI, RLC team up for Las Piñas condo

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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PHirst launches Calamba project

PHIRST Park Homes, Inc. (PPHI) continues to expand its portfolio in the Calabarzon area with the launch of its new residential project in Calamba, Laguna. PPHI President and Chief Executive Officer Ricky M. Celis said the company expects to generate P1.5 billion in sales from the initial 900 units offered at PHirst Park Homes Calamba. The gated residential community, launched on Nov. 23, ini...

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DMCI nets P2.8 billion in Q3

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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AllHome opens 3 new stores

ALLHOME Corp. said it is on track to hit its target of having 70 stores by next year as it opened three new stores in October. The Villar-led retail company said in a statement yesterday it is well on its way to reach its goal of securing a 7.1% market share in the home improvement industry by next year as it continues store expansion across the country. “We remain confident with our e...

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