Real Estate Philippines

Ong, Alvarez bag titles in 100k Ultramarathon

ABS-CBN employee Bayani Alvarez and Irene Ong conquered more than 100 kilometers from Bogo City to Cebu City to become the male and female champions of Cebu’s first ever 100-kilometer race dubbed the Century Properties 100-KM Ultramarathon 2011 yesterday. Alvarez and Ong finished as the bests in their respective divisions among 160 hopefuls. Alvarez crossed [...]

By | February 21st, 2012|Uncategorized|

Long road, high drama

All within the past 12 months, Cebu played host to the staging of five ultramarathons with distances ranging from 50 to 65 kilometers. But the Cebu Century Properties 100K Ultramarathon last Nov. 18-19 was a landmark run of sorts for Cebu being, the longest footrace the province had ever seen passing through three cities and [...]

By | February 21st, 2012|Uncategorized|

Century Properties reports higher 10-month net income

NEWLY-LISTED real еstatе developer Century Properties Group, Inc. hiked its net income by nearly four times for the 10-month period last year versus year-ago levels due to a surge in total company revenues, a filing with the Philippine Stock Exchange (PSE) showed yesterday. The company, which was listed on the local bourse in the fourth [...]

By | February 21st, 2012|Uncategorized|

Century Properties commands 10% of Manila real еstatе market

In a recent press release, property developer Century Properties Group, Inc. reported a large increase in its control market share in residential apartment sales in the first 9 months of 2011, extending the company’s control of the Manila Real Еstatе Market. Comparing figures from the previous year, the company stated that its command of the [...]

By | February 20th, 2012|Uncategorized|

Rеal еstatе business lifts Century Properties income

Century Properties Group Inc. reported that its net profit in the first 10 months of last year grew significantly driven by higher real еstatе sales. In a regulatory filing, Century Properties said that its net income reached P780.91 million in the January to October period, up 438 percent from P143.46 million in the same period [...]

By | February 20th, 2012|Uncategorized|

New Manila tower to be designed by Philippe Starck

yoo and Century Properties Group have teamed up for a new and exciting residential project in the Philippines. yoo inspired by Starck will define the amenity spaces of the new building and provide interior design inspirations for the living spaces. The project will officially launch the second quarter of 2012. Set to launch in the [...]

By | February 20th, 2012|Uncategorized|

Century Properties eyes $110M from offshore equity offer

Upscale realty firm Century Properties Group (CPG) said it is looking to raise up to $110 million from an offshore equity offering. In a disclosure to the stock exchange yesterday, CPG said it is in discussions with certain investors for possible fund-raising activities but reiterated that no agreement has yet been reached. UBS has reportedly [...]

By | February 20th, 2012|Uncategorized|

Century Properties boosts tourism portfolio

CENTURY Properties Group, Inc. has partnered with a group of landowners to have a resort developed in Batangas, boosting further its tourism-related portfolio. Century Properties, one of the most active property developers in the Philippines, has formed a joint venture with Group Developers, Inc. Caylaway Development Corp. and Batulao Bio-loop farms, Inc. which would develop [...]

By | February 20th, 2012|Uncategorized|

Century Properties Forges JV for 142-ha Batangas Project

Century Properties has forged a joint venture to transform a 142-hectare property in Batulao, Batangas into a major leisure and resort community. In a disclosure to the stock exchange yesterday, Century Properties said its wholly-owned unit Century Communities Corp. has signed an agreement with Group Developers Inc., Caylaway Development Corp. and Batulao Bio-loop Farms Inc. [...]

By | February 20th, 2012|Uncategorized|

Century Properties partners with developers for resort

LISTED DEVELOPER Century Properties Group, Inc. is looking to build a 142-hectare resort development south of Metro Manila together with three real еstatе firms, a disclosure to the local bourse showed yesterday. “On Feb. 7, Century Communities Corp., a wholly-owned subsidiary of Century Properties, entered into a joint-venture agreement by and among Group Developers, Inc., [...]

By | February 20th, 2012|Uncategorized|