Property - Headlines and Updates

Shang Properties acquires Rapidshare Realty from San Miguel for PHP 2.5B, adding prime Greenhills land to its portfolio.

Phinma secures P1-B rights offering approval to fund strategic projects in solar, construction, hospitality, and property sectors.

DoubleDragon launches the 2024 OTSO BUENAS bond offering, offering an 8% yield and highlighting its growth strategy

Megaworld brings upscale condo living to Puerto Princesa with The Bellagio Palawan in Baytown Township, expecting to generate P3 billion in sales.

SM Prime opens SM City J Mall in Mandaue, Cebu, offering retail, dining, and entertainment in a 100,000 sqm mall

Discover Saint-Marcel Residences, Megaworld’s new smart condo in Pampanga’s Capital Town, set for turnover in 2030

Phinma launches P12 Billion Saludad Township in Bacolod, blending culture and sustainability in a 21-hectare development designed for urban growth

Cityland Development secures SEC approval for ₱1 billion commercial papers to fund ongoing projects and corporate needs

SM Group invests P2B in Clark, boosting connectivity, jobs, and tourism with a new transport terminal and more hotels

Robinsons Land completes PHP 1.87 Billion RCR share sale, backed by institutional investors.

SMC, Ayala partner on Ayala Greenfield Interchange, set to transform travel and boost economy in Southern Luzon.

MREIT boosts portfolio with ₱13.15B property acquisition, expanding office spaces across key locations in the Philippines.

DoubleDragon Corporation announces a ₱30 billion retail bond program aimed at strengthening its financial position, starting Q4 2024

Arthaland invests P18M in Bhavya Properties to boost Eluria, an ultra-luxury condo in Makati, meeting rising residential demand.

Megaworld (MEG) reports an 11% profit increase to P9.81B in H1 2024, driven by strong real estate and hotel performance.

Ayala Land, Inc. announces the sale of AREIT shares, a key transaction indicative of its active engagement in the Philippine real estate market