TYTANS Properties and Development, Inc. tapped KMC Savills as the official property management partner for its premier condotel Lapu-Lapu City, Cebu. Tytans Properties Chairman Montano Ty and President Gerard Tan signed the deal with KMC Managing Director Michael McCullough and Property Management Director Francis Fuellas. Tambuli Seaside Living (TSL) is an 11-hectare project in Buyong, Mari...
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INTERNATIONAL Workplace Group (IWG) signed its first franchise partnership in Southeast Asia, teaming up with a Cebu-based company to develop workspace franchises in the Philippines. In a statement, IWG said it signed the franchise partnership agreement with AppleOne Properties, Inc. (API) on Dec. 18. Under the deal, API and IWG will develop eight workspace facilities in six cities in the Vi...
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ROBINSONS Land Corp. (RLC) and DoubleDragon Properties Corp. (DDPC) are partnering to develop a prime commercial lot adjacent to the former’s Bridgetowne township in Quezon City. In separate disclosures to the stock exchange, RLC and DoubleDragon said they signed an agreement for the joint development of the 10,032-square meter (sq.m.) commercial lot along E. Rodriguez Avenue in Libis. Th...
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PROPERTY developer Century Properties Group (CPG) Inc. grew 81 percent to P1.2 billion, from last year’s P661 million as its diversification strategy to go into other developments started bearing fruit. Consolidated revenues rose to 36 percent to P9.8 billion, from P7.2 billion year on year. “CPG’s strong nine months’ performance is the result of management’s st...
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TAFT Properties will soon enter the booming tourism industry as it plans to erect a hotel as part of the mixed-use project, Taft East Gate. Myra Lynn Gilig, vice president and deputy chief operating officer of Taft Properties, said they eye to partner with an international hotel brand to realize the company’s first venture in the hospitality business. “We don’t have concret...
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MANILA, Philippines — As property demands are highest in the central business districts, potential buyers—especially those who are after luxury—have started looking in areas a bit removed from the influx, but still highly accessible to these business centers. Shang Residences at Wack Wack in Mandaluyong City has been one of the favorite picks with over P5 billion in sal...
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