Tag: Manila
Primex pulls the plug on Pullman Manila debut
ACCOR Group’s expansion in the Philippines has suffered a major setback after it walked away from debuting its…
Prime office rents stabilising
PRIME office rents across Asia Pacific are starting to stabilise but markets continue to diverge with India shouldering…
MREIT expand Philippines office portfolio
FILIPINO property trust MREIT has gone on a major acquisition spree, buying six offices in the Philippines for…
Robinsons set sights on ultra-luxury hotel sector
FILIPINO hospitality group Robinsons Hotels and Resorts will invest PHP10 billion (approximately US$175.85 million) to significantly expand its…
AREIT acquires US$500m in commercial assets via exchange
AYALA Land-backed and the Philippines first real estate investment trust, AREIT, has acquire a portfolio of commercial properties…
Philippines takes the stick to POGO industry
THE Philippine government’s decision to ban Philippine Offshore Gaming Operators (POGO) will impact the Manila office market, where…
New stores surge as Filipinos enjoy retail therapy
FILIPINOS love for shopping is driving retail property the Philippines, with demand for more stores and expansions of…
Philippines govt relocates NBI to Pasay City
THE Philippines’ National Bureau of Investigation (NBI) has decided to move its main office to Pasay City following…
Robinsons Land sells 11 malls for P33.9bn
REAL estate developer Robinsons Land Corporation (RLC) has sold 11 malls and two offices for PHP33.915 billion (approximately…
Asia Pacific prime rents continue free fall
PRIME office rents in the Asia Pacific region fell again for the seventh consecutive quarter, led by Jakarta.…