By Kyle Aristophere T. Atienza, Reporter TAX and finance experts on Wednesday urged President Ferdinand R. Marcos, Jr. to pay his family’s P200-billion estate tax to make his government credible in going after tax evaders. The public and business community highly expect the president to “set a good example” by settling his family’s estate tax […]
Tag: estate
Bill requiring REITs to reinvest in PHL hurdles House panel
A BILL that requires real estate investment trusts (REITs) to reinvest proceeds from their fundraising activities in the Philippines has been approved at the committee level in the House of Representatives. The House economic affairs committee approved on Tuesday House Bill No. 6500, which proposes to amend Republic Act No. 9856, or The Real Estate […]
Alturas group to invest P25B in Panglao estate
PANGLAO, BOHOL — The tourism arm of Bohol-based Alturas group of companies is building an integrated mixed-use resort estate in which it plans to invest P25 billion for the initial phase. The development, called Panglao Shores, will rise in a 50-hectare property and will be developed by the family-owned Panglao Bay Premiere Parks and Resorts […]
Japan’s Kurabe plans P2-B plant in LIMA Estate — AIC
ABOITIZ InfraCapital, Inc. (AIC) on Thursday said Japanese manufacturing company Kurabe Industrial Philippines, Inc. is investing P2 billion to build a plant in the former’s industrial estate in Batangas province. In a press release, the Aboitiz group’s infrastructure arm said it had signed, along with Philippine Economic Zone Authority (PEZA), an agreement with the foreign […]
ALI sees new Bulacan estate as trade, commerce center
AYALA LAND, Inc. (ALI) has broken ground for its 49th estate development, which it targets to turn into a center for trade and commerce in Plaridel, Bulacan. The integrated mixed-use master-planned estate named Crossroads will sit in an 83-hectare lot in the province. ALI put a P5.2-billion initial investment in the estate to develop the […]
Women in power take centre stage at PropertyGuru Asia Real Estate Summit VIP Cocktail Party
BANGKOK, THAILAND, Dec 16, 2022 – (ACN Newswire via SEAPRWire.com) – PropertyGuru Group (NYSE: PGRU), (“PropertyGuru” or the “Company”), Southeast Asia’s leading property technology company, launched its annual celebration of outstanding female leaders in the region at the PropertyGuru Asia Real Estate Summit (ARES) VIP Cocktail Party on 8 December 2022 in Bangkok, Thailand. Themed […]
PropertyGuru Asia Real Estate Summit 2022 calls for responsible innovation and adaptive reinvention
HONG KONG, Dec 15, 2022 – (ACN Newswire via SEAPRWire.com) – PropertyGuru Group (NYSE: PGRU), Southeast Asia’s leading property technology company, has returned its thought leadership platform, the PropertyGuru Asia Real Estate Summit (ARES), to the physical stage, drawing the most brilliant minds from around the world to the Thai capital. ARES Leaders Panel ARES […]
LABSHIGH Disrupts the NFT Industry with the Launch of NFTMOA – the World’s Leading NFT Integrated Search Platform
NFTMOA of LABSHIGH, a user-friendly online marketplace, officially launches the first-of-its-kind NFT integrated search platform and take extra steps to serve as real estate NFT investment service platform. Seoul, Korea, December 08, 2022 – (SEAPRWire) – It is looking like the dawn of a new beginning in the NFT world with the introduction of NFTMOA of LABSHIGH. Described as […]
AboitizLand wins big at Lamudi’s The Outlook: Philippine Real Estate Awards 2022
ABOITIZLAND bagged one of the Grand Awards as the Developer of the Year in Visayas and Mindanao. AboitizLand President and CEO David Rafael, expressed his profound appreciation for the award. “I accept this award on behalf of all AboitizLand team members who work tirelessly to develop our projects and deliver quality products and customer experience. […]
Assetwise PCL (SET: ASW) partners with Tokyo Tatemono, Japan’s oldest developer
BANGKOK, Sep 15, 2022 – (ACN Newswire via SEAPRWire.com) – Assetwise PCL (SET: ASW), a leading real estate developer for lifestyle with the ‘We Build Happiness’ concept, has formed an alliance with Tokyo Tatemono, the oldest real estate developer in Japan with a 126-year history, to jointly develop the Atmoz Oasis Onnut condominium project, worth […]
Group to lobby PRC, DHSUD to streamline regulations for real estate salespersons
THE Accredited Real Estate Salespersons in the Philippines (ACRES) is set to submit a position paper to two government agencies urging them to come up with simple and easy regulations and requirements to help more Filipinos take advantage of the robust opportunities in real estate service.ACRES interim national president Chris Malazarte said the group will […]
TransformHub Partners with Property Investment Platform to Redefine Real Estate Investment
SINGAPORE, Sep 1, 2022 – (ACN Newswire via SEAPRWire.com) – TransformHub, a Singapore-headquartered end-to-end digital solutions provider today announced a customer win with Briix, a real-estate investment and wealth management platform. The partnership allows investors to discover, compare and invest in real estate, through an intuitive digital platform, securely. The partnership leveraging TransformHub’s expertise in […]
Cebu to host 1st real estate salespersons congress
OVER 700 participants from across the country—mostly composed of salespersons registered under the Professional Regulation Commission (PRC)—will convene in Cebu City for the first ever Real Estate Salespersons Congress on Thursday, Aug. 25, 2022.The congress, initiated by the Securities and Exchange Commission-registered Accredited Real Estate Salespersons in the Philippines (Acres Philippines), will gather industry practitioners […]
The VIVIVERSE is the first ever PlayNation in the Metaverse
Viviverse brings entertainment to the next level, redefining X to earn by blurring the lines between the metaverse and reality. Users or citizens who hold exclusive NFT based passports can enjoy, grow and thrive in Viviverse’s unique play to earn spaces in gaming, esports, entertainment and real estate. By leveraging on advanced and proprietary technology […]
What to expect at The Outlook 2022: Philippine Real Estate Conference
THE much-anticipated event, The Outlook 2022: Philippine Real Estate Conference, will happen on August 31, 2022. The in-person conference will feature time-relevant panel tracks and distinguished speakers from prominent property companies and related businesses.Top property platform Lamudi is set to hold the much-anticipated event, The Outlook 2022: Philippine Real Estate Conference, on August 31, 2022.The […]
Estate planning now more urgent amid new rules, increasing prices
THE URGENCY of estate planning has been magnified by the recent changes in the country’s estate tax laws, as well as the rising prices of goods and services, AIA Philippines said. “Zonal values were actually being brought up aggressively depending on the location. So essentially, if it’s 6%, when the zonal value has increased 10 […]
Manila 5th most competitive Asia-Pacific market for office occupiers
The Philippine capital ranked 19th out of 90 markets in the Global Occupier Market Dashboard by real estate consultancy firm Knight Frank in the first quarter. The report compared the occupancy costs* for office space across the world’s leading real estate markets. Manila’s occupancy costs for office space amounted to $36.20 per square foot (sq. […]
BIMI to launch new investment product focused on REITs
BPI Investment Management, Inc. (BIMI) is looking to launch a new product that focuses on real estate investment trusts (REIT) by the middle of August. BIMI, a wholly-owned subsidiary of Bank of the Philippine Islands (BPI), said the ALFM Real Estate Income Fund (ALFM REIF) is a peso-dominated equity mutual fund and is ideal for […]
Federal Land partners with pro golfer Yuka Saso
Premier real estate developer Federal Land, Inc. recently signed a partnership with Sterling Sports Management, the sports agency handling Philippine-born Japanese professional golfer Yuka Saso. As part of its 50th anniversary, Federal Land continues to strengthen its Filipino-Japanese partnerships to push for excellence. Saso won the Philippines’ first-ever gold medal in the 2018 Asian Games […]
RLC’s Bridgetowne hosts 2 sports events
ROBINSONS Land Corp.’s (RLC) Bridgetowne Destination Estate will be hosting two international obstacle sports events in August. Ninja World Cup No. 1 by World Obstacle and New Fifth Discipline Test Event (Obstacle Discipline) by the International Modern Pentathlon Union will be held on Aug. 6 and 7 at the Bridgetowne Central Park. “Bridgetowne’s expansive spaces […]