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Mayor: City lost P23M in taxes after SM allegedly understated fair market value of SRP mall For allegedly understating and underpaying their real property taxes, Cebu City Mayor Tomas Osmeña is now going after SM Prime Holdings…
Ayala group rebrands with new socioeconomic ventures; P125B to be allotted to fund all businesses Following the success of Ayala Corp.’s core businesses over the years, the country’s oldest conglomerate has now shifted its focus to develop…
Cebu developer shows confidence on outsourcing sector with an estimated billion-peso project A leader in the local real estate industry expressed confidence in the market for business process outsourcing (BPO) offices despite US President-elect Donald Trump’s pronouncements…
A Cebu-based property developer is planning to open the company to the stock market and eventually issue an Initial Public Offering (IPO) for the company. Joe Soberano, chairman and chief executive officer of Cebu Landmasters, Inc. (CLI),…
CAPITALIZING on the strong demand for residential communities across the country, homegrown real estate developer Aboitizland Inc. continues its thrust to expand in Luzon and Mindanao. They were considering boosting their presence in the National Capital Region…
Cebu property firm ties up with The Ascott for The Suites A HOMEGROWN property developer is planning to spend around P1 billion for its luxury condominium project in Cebu City which is targeted to be completed in…
Cebu will have at least 300 more rooms for tourists when the condominium project in Mactan will be completed in the next few years. These developed with the interest of most owners of the nearly 500 condominium…
More than P20 billion worth of real estate projects in Cebu has been recorded by the Housing and Land Use Regulatory Board Central Visayas Office (HLURB-7) for the year 2015. HLURB-7 director Francis Ordineza said this translates…
A homegrown real estate company is poised to enter the big league mixed-used development market with plans to construct condominium and office towers, both of which are in the pipeline for groundbreaking in 2017. Gerardo Borromeo, president…
HOMEGROWN real estate developer Taft Properties introduces a new evolution in the way its projects are developed, an evolution called Comfort by Design (CBD). CBD is a practice that grew from the company’s dedication to intuitive planning.…
A Cebu-based real estate company is looking at expanding its international reach. Manny Roleda, Nexus Real Estate Corp. vice president for special projects and consultant for Antara, said they will be going into the European market following…
A LOCAL property developer is investing P3 billion to develop a two-hectare lot owned by the Archdiocese of Cebu. Lydwena Eco, Duros Land Project director, said the project, which was launched yesterday and called 23 Minore Park,…
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