Real Estate Philippines

Acqua Private Residences: Designed for luck

MANILA, Philippines - Gone are the days when building design was made for design’s sake. Today, developers consider culture as a contributory factor in the success of their projects, whether in aspects of aesthetics or esoteric beliefs. A whole slew of elements, practical or otherwise, must conjoin to create the perfect residential development. For instance, [...]

By | March 22nd, 2013|Uncategorized|

Century Rises Most in Three Weeks on Profit Target: Manila Mover

Century Properties Group Inc. (CPG) rose the most in three weeks in Manila trading, poised to snap a six- day loss, after the residential towers builder said profit will rise 61 percent to 3 billion pesos ($74 million) by 2015. Shares rose 1 percent to 2 pesos at the noon trading break, heading for the biggest [...]

By | March 21st, 2013|Uncategorized|

Designed for luck

Gone are the days when building design was made for design's sake. Developers today consider culture as a contributory factor in the success of their projects, whether in aspects of aesthetics or esoteric beliefs. A whole slew of elements, practical or otherwise, must conjoin to create the perfect residential development. According to feng shui masters, [...]

By | March 20th, 2013|Uncategorized|

Azure Construction Update (March 2013)

The Rio and Santorini undergo final stages of completion; Paris Beach Club shell topped off 21st century tropical living is fast becoming a reality as the Azure Urban Resort Residences’ first two residential towers undergo final touches for their respective façade structures and interior spaces. Dubbed The Rio and Santorini, these two buildings are approaching [...]

By | March 18th, 2013|Uncategorized|

After raising equity, Century Properties prepares $100 million bond offering

MANILA - Century Properties Group Inc is raising more funds, as it sees a double-digit growth in reservation sales on the back of its bullish outlook on the property sector. Former ambassador Jose E.B. Antonio, Century Properties chairman, told reporters that reservation sales are expected to grow between 10-15 percent this year from the P21.4 [...]

By | March 14th, 2013|Uncategorized|

Century Bonds

Century Properties Group Inc. is planning a $100 million bond offering, just after it raised P1.46 billion from an overnight placement of shares, to help finance its capital expenditures this year. In an interview, Century chairman Jose E.B. Antonio said Standard Chartered Bank is organizing the bond offering which will also fund the firm’s working [...]

By | March 14th, 2013|Uncategorized|

Century Properties sees 15% growth in reservation sales

MANILA, Philippines - Rеal еstatе firm Century Properties Group Inc. said it expects another robust growth in reservation sales this year, likely breaching the P23-billion mark on strong demand for its projects. New project launches in four destinations will be backed by proceeds of an ongoing $100-million bond sale, the company’s chairman said. “We expect [...]

By | March 14th, 2013|Uncategorized|

Century Properties eyes mid-income segment

REAL ЕSTATЕ developer Century Properties, Inc. plans to launch more projects this year to meet demand from the middle-income segment, a top company official said recently. “In terms of new destinations, we will probably launch in four; but in each destination, there will be six to 10 buildings...,” Jose E.B. Antonio, Century Properties chairman and [...]

By | March 14th, 2013|Uncategorized|

Century to raise $100m

Property developer Century Properties Group Inc. plans to raise $100 million from a bond offering to support the company’s working capital, a company executive said. “Standard Chartered is organizing a $100-million bond offering for the working capital,” Century Properties chairman Jose Antonio told reporters at the sidelines of an economic forum. The company early this [...]

By | March 14th, 2013|Uncategorized|

Bigger 2012 capex for Century Properties

Listed real еstatе developer Century Properties Group Inc. will allocate a bigger amount for its capital spending this year, as it intends to fire up its projects with more than 10 building developments and a new partnership. “We will spend more [for our capital expenditure],” Century Properties President and Chief Executive Officer Jose E.B. Antonio [...]

By | March 14th, 2013|Uncategorized|