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Cities face huge climate finance gap, study says

DUBAI — Cities are receiving only a fraction of the climate finance they need, especially in low-income countries, according to a study published on Saturday on the sidelines of the COP28 climate...

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NREA to introduce new officers

THE National Real Estate Association (NREA) will introduce its new officers at a meeting on Dec. 7. NREA’s new national president Red J. Rosales will deliver speech outlining his plans and programs for...

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Luxury residential price growth in Manila now faster than in Dubai

PRICES of luxury residential units in Metro Manila grew by 21.2% this year, the fastest in the world, according to Knight Frank’s Prime Global Cities Index. Rick Santos, chairman and chief executive...

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Amplifying office recovery (part 2)

This is the second of a two-part article. Read the first part here: https://tinyurl.com/yqt6mpyk Q3 TRANSACTIONS UP 15% As of the first nine months of 2023, office space deals in Metro Manila reached...

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Pueblo de Oro allocates P18B for new projects

PUEBLO DE ORO Development Corp. is allocating P18 billion to expand in key locations, including Cagayan de Oro, Batangas, and Cebu. In a statement, the property development arm of the ICCP Group said...

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Why should any city want to host a World Expo?

By Gearoid Reidy THE WORLD EXPO might have a quaint quality for many in the English-speaking world — recalling events such as the 1982 World’s Fair in Knoxville, Tennessee, perhaps most familiar...

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Ube Express back at Robinsons Galleria

UBE EXPRESS has resumed its point-to-point bus service to the Ninoy Aquino International Airport (NAIA) terminals from Robinsons Galleria. The Ube Express service gives travelers a convenient, and...

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Sanremo Oasis launches 8th building

FILINVEST LAND Corp.’s Aspire recently launched the eighth building of its residential project Sanremo Oasis in Cebu City. Sanremo Oasis, a mid-rise condominium, is part of City di Mare (CDM) along...

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Damosa Land eyes new project in Davao City next year

DAVAO CITY — Damosa Land, Inc. (DLI) is planning to launch an exclusive community project in Puan, Davao City next year. DLI President Ricardo “Cary” F. Lagdameo told BusinessWorld that the company...

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ALI unveils Arillo eco-tourism estate in Nasugbu

By Miguel Hanz L. Antivola, Reporter AYALA LAND, Inc. (ALI) broke ground on Thursday for its new 62-hectare eco-tourism estate called Arillo in Nasugbu, Batangas. Arillo is ALI’s 52nd estate — its...

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RLC starts work on new tower for AmiSa Private Residences

RLC Residences recently broke ground for the fourth tower of AmiSa Private Residences in Mactan City, Cebu. “We are very excited to start bringing to life the fourth tower of AmiSa Private Residences....

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NUSTAR Convention Center, Fili Hotel help raise Cebu City’s profile as a MICE...

THE NUSTAR Convention Center and Fili Hotel are helping raise the profile of Cebu City as a premier MICE (meetings, incentives, conferences, exhibitions/events) destination. The two properties are...

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McDonald’s Philippines to open more Green & Good stores

By Miguel Hanz L. Antivola, Reporter MCDONALD’S Philippines said it will open its entire portfolio of 60 new stores next year with Green & Good elements, alongside an additional flagship store, as...

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Philippine property to benefit from REIT expansion, diversification

COLLIERS Philippines has been seeing exciting and innovative developments in the Philippine real estate investment trust (REIT) sector. Property firms are maximizing REIT benefits and we see more...

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Why your dream home need not be 2,000 square feet

SUBURBAN dwellers might finally be embracing what those of us in cities have known for a long time: You don’t need a lot of square footage to have a comfortable living environment. After decades of...

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Filinvest Land opens amenity area for Tanauan City dev’t

FILINVEST LAND, Inc. (FLI) has opened its latest amenity area for its Sandia Homes residential development in Tanauan City, Batangas. Sandia Homes’ amenities include a clubhouse, basketball court,...

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Real estate stress is brewing in Asian markets other than China

SURGING interest rates and regulatory scrutiny are causing distress for builders and creditors in Asian economies from South Korea to Vietnam, highlighting the breadth of housing woes in a region...

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Opportunities and challenges for Philippine retail

THE retail sector is one of the more stable segments of the Philippine property market. We attribute this to the Philippine economy being driven by personal consumption, with household spending...

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Paris hotels triple prices for Olympics opening night – study

PARIS – Paris hotels are tripling their prices to more than 1,000 euros ($1,092) on average for the opening night of the 2024 Olympic games, according to a consumer organization study. UFC-Que Choisir...

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Gen Z real estate agents really want to sell you a house

AS FAR as jobs go, being a real estate agent looked like a no-brainer for Gen Z. It was the height of the pandemic-era asset boom and home prices were heading “to the moon.” Buyers were moving fast,...

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