CENTURY PROPERTIES TO OPEN NOVOTEL SUITES MANILA ON DECEMBER 15

Set to take advantage of the tourism boom expected during the holidays, Century Properties Group Inc. (CPGI) will formally open the doors of the Novotel Suites Manila at Acqua in Mandaluyong City on December 15. The opening of the hotel is timed with the easing of movement restrictions amid the government’s continued push for tourism.   […]

THE RESORT RESIDENCES AT AZURE NORTH: TRAILBLAZING PAMPANGA DEV’T COMPLETES FIRST TWO TOWERS

First Phase of Amenities Opens; Third Tower Launched THE RESORT RESIDENCES AT AZURE NORTH: TRAILBLAZING PAMPANGA DEV’T COMPLETES FIRST TWO TOWERS The San Fernando, Pampanga skyline has changed with the completion of the Bali and Monaco towers at the city’s newest landmark—The Resort Residences at Azure North, Century Properties’ first mid-rise development North of Metro […]

CENTURY PROPERTIES GROUP 1H2022 REVENUES UP BY 20%

CENTURY PROPERTIES GROUP POSTS PHP5.3Bn IN REVENUES IN 1H2022, UP BY 20% Affordable housing business contributes P2.6Bn Century Properties Group, Inc. (PSE:CPG) reported its consolidated revenues for the first half of 2022 at P5.3 billion, up by 20% from P4.4 billion in the same period last year. PHirst Park Homes, Inc. (PPHI), CPG’s affordable housing […]

CENTURY PROPERTIES TO LAUNCH NEW IN-CITY PROJECTS, CONTINUE PPHI EXPANSION IN 2022

  Century Properties Group (CPG) will continue to focus on a growth strategy marked by an expansion of its portfolio of upper-mid to luxury and affordable housing products this 2022, and offer developments in urban and key growth areas, continuing to cater to end-users. “As industry watchers, we have reported shifts in the property preferences […]

Century Properties Group Sets Rate For 5-Year Bond

Century Properties Group, Inc. (PSE: CPG) has set the rate for its up to P3 billion, 5-year fixed rate bond at 5.7524% per annum. “We are happy with the strong capital markets condition allowing us to price the issuance at the tighter end of the range of our indicative spread” said Ponciano S. Carreon, Jr., […]

CPG’s horizontal housing defies pandemic odds

Chips in 39% of group’s Php4.43bn 1H 2021 Revenues   [August 2021] The Philippine real estate firm Century Properties Group’s [CPG:PM] horizontal affordable housing business unit, a joint venture with Mitsubishi Corporation, continues to defy uncertainties brought by the COVID-19 pandemic as it contributes Php1.75 billion or 39% of the group’s consolidated revenues of Php4.43 […]

Diversification, Resilience, Adaptability Fuel CPG’s Growth Plans

[July 26, 2021] Despite a challenging 2020 for the real estate sector, the listed Philippine real estate firm Century Properties Group, Inc. [CPG:PM] stood firm and generated reasonable profits, maintained good liquidity levels and a healthy balance sheet, and is moving forward with its horizontal affordable housing expansion plans this year. Company President and Chief […]

Century Properties Group posts Php10.8B revenues in 2020

The listed Philippine real estate firm Century Properties Group, Inc. [CPG:PM] has announced that it posted Php10.84 billion of consolidated revenues and Php1.15 billion of net income in 2020, down by 24.3 percent and 22.2 percent, respectively, but still buoyed by its horizontal affordable housing and office leasing businesses. CPG’s Chief Financial Officer Ponciano S. […]

CPG’s 1st Quarter 2021 Results Buoyed by Affordable Housing Business

[May 17, 2021] The listed Philippine real estate firm Century Properties Group posted Php205 million in net income for the first quarter of 2021, buoyed by the continued strong performance of its horizontal affordable housing business. The company posted consolidated revenues of Php2 billion, down by 26 percent from last year due to the impact […]