Real Estate Philippines

Century Properties reports P866 million net income for 2011

Property developer and publicly-listed firm Century Properties Group, Inc. ("Century") recently announced its performance for the twelve-month period ending December 31, 2011. For the period from January 1 to December 31, 2011, Century reported a 53% increase in total sales amounting to Php4.70 billion from Php3.07 billion in the same period in 2010. During the [...]

By | April 18th, 2012|Uncategorized|

Century Properties more than triples 2011 net income

MANILA, Philippines - Century Properties Group Inc. said its profit more than tripled last year on higher sales from international markets. In a disclosure to the Philippine Stock Exchange, the property developer said its net income grew by 382 percent to P866 million last year from P180 million in 2010. Total sales rose 53 percent [...]

By | April 18th, 2012|Uncategorized|

Century Properties 2011 income up 382%

MANILA, Philippines - Century Properties Group, the real еstatе firm behind the new high-end Trump Tower Manila, realized a 382% increase in net income to P866 million from P180 million in 2010, amid high demand for high- and mid-rise condominiums from abroad despite the global economic slowdown. In 2011, international clients were responsible for 67% [...]

By | April 18th, 2012|Uncategorized|

Century Properties earns P866m

The Century Properties group posted a net income of P866 million in 2011, up 382 percent from P180 million in 2010, on higher real еstatе sales. Listed Century Properties said in a filing with the Philippine Stock Exchange consolidated revenues reached P4.7 billion in 2011, up 53 percent from P3.07 billion a year ago. Revenue [...]

By | April 18th, 2012|Uncategorized|

Century Properties’ net income surges to P866M in 2011

MANILA, Philippines - Thanks to high-profile projects with socialite Paris Hilton and luxury brand Missoni, property developer Century Properties Group, Inc. said its net income grew by 382% to P866 million in 2011 from P180 million the previous year. In a disclosure to the stock exchange, Century said its total sales grew by 53% to [...]

By | April 18th, 2012|Uncategorized|

Century Properties aims to double profits in 2012

UPSCALE DEVELOPER Century Properties Group, Inc. aims to double profits this year as it looks to book higher revenues from completed and ongoing projects, an official yesterday said. “For 2012, we are targeting at least a 100% increase in net income from our P866-million mark last year. Due to our significant booked revenues to date, [...]

By | April 18th, 2012|Uncategorized|

Century Properties profit up 284%

MANILA, Philippines—Property developer Century Properties Group Inc. grew its 2011 net profit attributable to parent equity holders by 284 percent to P864.5 million on higher revenues from real еstatе operations. Including non-controlling interests, CPG’s net profit last year expanded by 382.2 percent to P866.1 million from the previous year. For 2012, CPG chief finance officer [...]

By | April 18th, 2012|Uncategorized|

Higher sales push Century Properties’ 2011 profits

MANILA, Philippines - Higher sales pushed the net income of developer Century Properties Group Inc. higher by nearly four times in 2011. Century Properties told the Philippine Stock Exchange that its earnings rose 382 percent from P180 million in 2010 to P866 million in 2011, as total sales expanded 53 percent to P4.7 billion. "Century's [...]

By | April 18th, 2012|Uncategorized|

Game Changer 6: Joey Antonio. Century Properties parlays famous brands to boost prestige, sales

CLASS—meaning globally famous names and brands like Milano, Versace and Trump, as well as endorsers like Paris Hilton—distinguishes Century Properties Group (CPGI) from other players in the real еstatе sector. The branding strategy is also driving the company’s sales in both the domestic and international markets. “We’re extremely strong internationally, having close to 70 percent [...]

By | April 18th, 2012|Uncategorized|

Missoni to build 52-storey Manila tower with bold colours and shapes

Missoni Home is set to create an iconic Manila residential tower.The 52-level Acqua Livingstone tower will be the fourth building in Century Properties’ US$316 million (A$302 million) six-tower Aqua Private Residences project in the Philippine capital. “Bold colours and energetic forms in the lobbies, hallways and elevators will be accentuated by equally arresting furniture,” says [...]

By | April 3rd, 2012|Uncategorized|