DAVAO CITY — The family behind weighing scale manufacturer First Philippine Scales Inc. (FPSI) has ventured into the hotel business, taking advantage of a 2,000-square meter prime property in Davao City where the new Blue Lotus Hotel now stands. The lot along Quimpo Boulevard, one of the main roads in the city, was originally planned by the Policarpio family for an FPSI showroom for its F...
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Arthaland Corp., the property development company led by the Po family, said it has secured the permit to sell its P3-billion Asean Green Bonds from the Securities and Exchange Commission (SEC). The company’s Asean Green Bonds, some P2 billion of which is its primary offering and P1 billion is for oversubscription option, carry a coupon rate of 6.3517 percent per annum payable quarterly i...
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ONLINE real estate platform Signet Properties, working with SeedIn Technology (SeedIn PH) and RE/MAX Premier Manila, launched Flint — the first tech-enabled real estate crowdfunding platform in the Philippines. Flint aims to simplify and streamline the process of purchasing and investing in Philippine properties, while making it more accessible for local investors. The platform allows thi...
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MASS HOUSING developer Bria Homes is holding a Grand Open House in more than fifty of its residential communities nationwide on Jan. 25 and 26. “Bria Homes intends to aid in nation-building by showing Filipinos that owning a Bria Home is just the first step towards achieving more goals that, in turn, contributes to the country’s progress,” the company said in a statement. T...
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ARTHALAND Corp. has started its offer for up to P3-billion ASEAN green bonds after obtaining its permit to sell from the Securities and Exchange Commission (SEC). In a disclosure to the stock exchange Wednesday, the niche property developer said it had started its offer period yesterday, which will last until Jan. 28. The offer covers P2-billion ASEAN green bonds with an oversubscription option...
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MEGAWORLD CORP. is expanding its footprint in Cebu with the launching of a new residential development in its 30-hectare The Mactan Newtown in Lapu-Lapu City. In a statement yesterday, the Andrew L. Tan-led property developer said it is building a new 222-unit residential condominium which is expected to raise P2.3 billion in sales. The 20-story building, which will be called The Pearl Globa...
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