News

Accor to bring largest Pullman property to Cebu, Damosa Land's expansion projects in Mindanao, and more

Posted on Sat, Apr 13, 2024 11:34 AM by DR. SAMUEL O. LAO, REB, MM-REM in Real Estate News

This week, Colliers Research provides insight on Accor partnering with Tytans Properties, Damosa Land's expansion projects, Cebu Landmasters targeting Luzon for development, More airport and road projects on this current administration, and DTI eyeing more Japanese manufacturers.   Hotel manager Accor to bring largest Pullman property to Cebu  SUMMARY Global hotel chain...

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Cebu still no. 1 choice outside NCR

Posted on Mon, Apr 8, 2024 8:58 AM by DR. SAMUEL O. LAO, REB, MM-REM in Uncategorized

OUTSIDE of Metro Manila, Cebu has remained the top choice of outsourcing firms and multinational companies, capturing more than 50 percent of the total transactions recorded in 2023. Of the 208,800 square meters of office transactions recorded outside of Metro Manila, Cebu accounted for 112,900 square meters of deals or 54 percent of total transactions, according to Colliers Philippines’...

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Villar, 15 other PH tycoons land on Forbes’ 2024 billionaires list

Posted on Thu, Apr 4, 2024 11:32 AM by DR. SAMUEL O. LAO, REB, MM-REM in Uncategorized

MANILA, Philippines — Real estate mogul Manuel Villar, who chairs property developer Vista Land & Lifescapes, emerged as the only Filipino in Forbes Magazine’s top 200 billionaires in 2024. He ranked 190th in this year’s list, up from 232nd in 2023, as his wealth grew 28 percent to $11 billion. The Sy siblings of conglomerate SM Group have combined wealth of $14 billi...

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New industrial inventory attracts investors at West Cebu Estate

Posted on Fri, Mar 22, 2024 9:59 AM by DR. SAMUEL O. LAO, REB, MM-REM in Real Estate News

Aboitiz InfraCapital Economic Estates has signed contracts with two  logistics companies Prestige Warehousing and Logistics (PWL) and JBY Equipment & Impex Logistics Inc. which will  invest in West Cebu Estate in Balamban, Cebu. The industrial inventory release at West Cebu Estate has triggered a surge in investor interest, underlining the scarcity of available inventory in the ma...

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BIZ BUZZ: BDO deemed most valuable PH bank brand

Posted on Thu, Mar 21, 2024 9:59 AM by DR. SAMUEL O. LAO, REB, MM-REM in Uncategorized

What is the most valuable bank brand in the Philippines? According to a new report from London-based global brand valuation consultancy Brand Finance, it’s BDO Unibank, with its brand value estimated at $2.5 billion, up 14 percent from last year. This means that if the country’s largest bank were to sell just its brand—excluding operations and other assets—]it would c...

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Upbeat outlook prompts CLI to invest in high-rise villages

Posted on Thu, Mar 14, 2024 11:30 AM by DR. SAMUEL O. LAO, REB, MM-REM in Real Estate News

CEBU, Philippines — Publicly-listed property developer Cebu Landmasters Inc. (CLI) has introduced its newest residential condominium project in Mandaue City, Mandtra Residences, noting an impressive turnout of interest among buyers. The three-tower development, situated in a 2.4-hectare property in barangay Casuntingan, Mandaue City, is a partnership with Ixidor Holdings Inc., headed by f...

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