Century Properties Group posts Php1.1B net income in 9M2020

Net income contributions of affordable housing, leasing surges to 66% or P723M November 10, 2020 – Publicly listed firm Century Properties Group, Inc. (CPG:PM) posted a Php 1.1-billion net income for the first nine months of 2020, maintaining strong earnings while sustaining the growth of its affordable housing (under PHirst Park Homes) and leasing segments […]

Century Properties Group poised to grow leasing, affordable housing stake

Company cites Innovation, Resilience and Growth, Sustainability as core guiding principles   [August 27, 2020] With a strong balance sheet and increased liquidity, the listed real estate firm Century Properties Group [CPG:PM] said it is well positioned to continue its expansion to leasing and affordable housing, and face the Next Normal guided by the principles […]

Century Properties Group grows recurring income assets

  Company acquires 40% stake of Mitsubishi Corporation’s subsidiary in Makati office building   [August 25, 2020] Confident of the resilience of the office leasing market, the listed real estate firm Century Properties Group [CPG:PM] has announced that it is adding 25,000 square meters of floor area to its commercial leasing portfolio, growing it to […]

Century Properties Group further grows high-margin business segments for 1H 2020

  Affordable housing, leasing businesses contribute 42% or P225M to net income [August 11, 2020] The listed property developer Century Properties Group, Inc. (CPG:PM) has sustained the growth of its horizontal affordable housing and commercial leasing businesses for the first semester of 2020, consistent with its strategy of balancing its asset portfolio with in-city vertical […]

Century Properties Group posts Php6.1 billion in pre-sales for 1H 2020

The listed real estate development firm Century Properties Group [CPG:PM] announced that it posted Php6.1 billion in reservation sales for the first half of 2020, equivalent to 1,925 homes or 651 condominium units under its in-city vertical developments business and 1,274 house and lot units under its affordable housing brand. Amidst challenges in the property […]

Century Properties Group nets Php 290M in Q1 2020

Contributions from affordable housing, commercial leasing businesses quadrupled to P173M [June 8, 2020] Listed property developer Century Properties Group, Inc. (CPG:PM) posted a net income of P290 million and consolidated revenues of P2.8 billion in the first quarter of 2020.     The lion’s share of the net income comes from the combined contribution of […]