Real Estate Philippines

Azure Construction Update (May 2014)

Here's the latest peek at the Azure Urban Resort Residences! Construction continues on the remaining towers where everything is right on track; meanwhile, existing residents enjoy the rest of the flavors of Azure, from the breezy and inviting beach to the many delightful rooms and services within the Paris Beach Club.

By | June 27th, 2014|Uncategorized|

Century Spire: Design enhances the living experience

TODAY’S condominium buildings have become more than just a dwelling place for the urban citizen. With space becoming a premium in the dense metropolis, several developers have opted to construct mixed-use towers which offer both residential and office space for companies. However, this type of development also has its fair share of issues to address [...]

By | June 25th, 2014|Uncategorized|

BCI Asia cites top architecture, property firms

MANILA, Philippines - BCI Asia names Philippines’ 10 most-active architecture firms and property developers to receive the BCI Asia Top 10 Awards at the annual BCI Asia Awards ceremony to be held on June 24  2014 at the Fairmont Hotel Makati. The portfolios of these elite architecture firms contain $5.129 billion worth of properties scheduled [...]

By | June 25th, 2014|Uncategorized|

Property sector sustained growth in Q1

THE property industry continued to grow across all segments alongside the country’s flourishing economy in the first quarter of 2014. “The Philippine real-еstatе market is sustaining its momentum with the country’s bullish economy, young demographics and consumption-driven market,” said Rick Santos, CEO, chairman and founder of CBRE Philippines. Investor confidence in the country, he added, [...]

By | June 25th, 2014|Uncategorized|

Century Properties hikes capital to P9.5b

Century Properties Group Inc. said Tuesday it will increase its capital stock to P9.54 billion from P5.3 billion to cover a planned stock dividend declaration. Century Properties said in a disclosure to the stock exchange its board approved the proposed capital hike to cover the declaration of stock dividend amounting to 2 billion common shares [...]

By | June 25th, 2014|Uncategorized|

Century Properties to hike capital stock to P9.54B

Property developer Century Properties Group Inc. (CPG) is beefing up its authorized capital to pave the way for a stock dividend declaration and obtain flexibility for future expansion. In a disclosure to the Philippine Stock Exchange Tuesday, CPG said its board approved a resolution to amend the company’s articles of incorporation and to increase its [...]

By | June 25th, 2014|Uncategorized|

Century Properties to hike capital stock to $217.5 mln

Philippine company Century Properties Group Inc is beefing up its authorised capital to pave the way for a stock dividend declaration and obtain flexibility for future expansion, the Philippine Daily Inquirer reported citing the company's disclosure to the Philippine Stock Exchange. CPG said its board approved an increase in the company's authorised capital to 9.54 [...]

By | June 25th, 2014|Uncategorized|

Century to issue P3B Bonds

Century Properties Group, Inc., said it plans to issue P3 billion in bonds to finance projects. Century Properties said the issue will be divided into a P2 billion initial tranche and another P1 billion as oversubscription. Century Properties said the bonds will be offered with tenors of 3 years, 5 years, and 7 years. The [...]

By | June 23rd, 2014|Uncategorized|

CPG hopes to raise P3B from bond sale

Century Properties Group Inc. (CPG) plans to debut on the local bond market with a retail offering worth as much as P3 billion from a local offering of retail bonds, boosting funds for its expansion program. In a disclosure to the Philippine Stock Exchange on Friday, CPG said its board had approved a plan to [...]

By | June 23rd, 2014|Uncategorized|

Century Properties to issue P3B retail bonds

Century Properties Group, Inc. is planning to raise up to P3 billion through the issuance of unsecured fixed rate peso retail bonds with tenors of 3 years, 5 years, and 7 years. In a disclosure to the Philippine Stock Exchange, Century said it will test the waters with P2 billion worth of bonds and has [...]

By | June 23rd, 2014|Uncategorized|