News

CLI expands footprint to Iloilo City

CEBU Landmasters Inc. (CLI) intends to further strengthen its presence in Western Visayas with the development of a P1.5 billion residential condominium project anchored by high-visibility retail spaces in a strategic Iloilo City location. The listed firm recently signed a joint venture agreement with businessman Alfonso Tan, chairman of International Builders Corp. (IBC), for a high-rise resid...

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Cebu Landmasters, IBC plan to build Iloilo residential tower

CEBU Landmasters, Inc. (CLI) is partnering with International Builders Corp. (IBC) to develop a P1.5-billion condominium project in Iloilo City. The listed Cebu-based property developer told the stock exchange yesterday it forged a joint venture agreement with IBC Chairman Alfonso G. Tan to build a residential tower in downtown Iloilo. CLI will manage and own 50% of the high-rise building, w...

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Resort, residential complex to rise in Puerto Azul

BOULEVARD Holdings, Inc. (BHI) has forged a partnership with Revolution Precrafted, Inc. to build a resort and residential complex in Ternate, Cavite. In a statement Monday, start-up Revolution Precrafted said it inked a development and sales contract with BHI for the project. Under the deal, an integrated resort and residential complex will be built on a 13-hectare lot within the Puerto Azu...

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Lucio Co aims to open more Acacia Hotels

DAVAO CITY — Tycoon Lucio L. Co plans to have more Acacia Hotels nationwide after opening the third branch here last week, as his company seeks to take advantage of growing tourism to the Philippines. “I am not a hotelier, isa po akong sari-sari store owner (I am a retail store owner)… but I know when I get the best service and accommodation in a hotel,” Mr. C...

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Mandani Bay offers ‘ready-made’ condos

CEBU, Philippines — The 20-hectare seaside township development Mandani Bay builds fully-furnished residential condominiums to keep up with the rising demand for “ready-made” and sophisticated residential condos in Cebu. Mandani Bay development company HTLand, Inc., launched its 36-storey residential tower called Mandani Bay Quay, to complete its phase 2 component. HTLand,...

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Citadines Amigo Iloilo opens

CAPITALAND and subsidiary The Ascott Limited is bringing the serviced residence concept to Iloilo City with the opening of the Citadines Amigo. Citadines Amigo Iloilo, the first international serviced residence in the city, is hoping to attract travellers and long-staying businessmen. It has 121 rooms, a fitness center, function rooms, swimming pool, and all- day dining restaurant. “We...

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