Stronger GDP continues to bolster property sector

The Philippines’ robust real estate market is expected to be sustained over the next two to three years by a strong economic growth fueled by increased infrastructure spending, improved credit ratings, decelerating inflation, and a higher ranking in the global competitiveness surveys.

PSEi to hit 9000 level in 2020

BPI Securities Corp. is projecting the Philippine Stock Exchange index (PSEi) to reach 9,000 in 2020, driven by the faster growth of the economy, particularly the banking, property and consumer sectors.

Sy Jr. bares Gold City project across NAIA

SM Prime Holdings Inc., the Sy-owned integrated property developer, is developing one of its biggest projects to date, the Gold City, which will be a sprawling mixed-used estate across the Ninoy Aquino International Airport in Parañaque.

Real estate firms looking outside Metro Manila

Five provinces have joined Metro Manila in attracting interest from real estate investors, in part because of regulations that encourage expansion outside the Philippine capital, Jones Lang LaSalle, Inc. (JLL) said in a report on Thursday.

Manila office rents continue rising

OFFICE rental rates in Metro Manila grew by an average of 12.5% year-on-year during the third quarter of 2019, driven by the completion of more prime office spaces in the period, according to real estate consultancy services firm Cushman & Wakefield (CWK).