MVP Group inks 25-year Camp John Hay lease, BCDA’s first Forest Cabin deal affirms new vision for Baguio complex, says Bingcang MANILA, Philippines — The Bases Conversion and Development Authority (BCDA) on Saturday said it had signed its first-ever long-term residential lease agreement in one of its properties inside Camp John Hay following their recovery of the estate...
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Bonifacio Global City in Taguig (Photo from PNA / Joan Bondoc) MANILA, Philippines — Philippine economic growth is expected to accelerate this year and in 2026, making the country one of the strongest performers among Southeast Asian economies. This is based on a report from the United Nations (UN) Department of Economic and Social Affairs. In its recently pu...
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Bilyonaryo Manny V. Pangilinan-led Landco Pacific Corp. has assumed interim management of the Camp John Hay and its facilities in Baguio, committing to a people-first approach during the transition process. This move, in collaboration with the Bases Conversion and Development Authority follows the final Supreme Court ruling on October 22, 2024, which upheld BCDA’s recovery of 247 hectares...
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MANILA -- Lance Gokongwei is stepping down as president and chief executive officer (CEO) of Robinsons Land Corporation (RLC) from February 1, the company said Monday. In a statement, the firm said Gokongwei will remain as its executive chairman and provide strategic guidance to the company. "Under his stewardship, RLC solidified its position as a leading player in the real estate...
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MANILA — A property specialist on Monday urged Filipinos to take advantage of falling condominium rent prices this 2025 amid an oversupply crisis in Metro Manila. In an interview with ABS-CBN News, Leechiu Property Consultants (LPC) CEO David Leechiu said rental rates for mid-market condo units have already dropped to their lowest in about 15 years. He expects this downward trend to co...
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2025 real estate outlook: What to watch for THE past twelve months have produced mixed results for the Philippine property. Office vacancies remain elevated while a sizable condominium inventory has yet to be absorbed by the Metro Manila market. Meanwhile, the retail sector has been recording sustained mall space take-up despite new supply while rebounding consumer spending has also bee...
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