Demand for residential and hotel/leisure property was steady in the first quarter of 2017, real estate consultancy Pinnacle Research said in a report. Unlike the office market, which Pinnacle described as being tight due to high demand and the limited availability of new office space for lease desp

THERE’S still no way but up for the property industry, as it continues its growth trajectory, along with all the macrofundamentals, pointing to the country’s strong economy, according to Pinnacle Real Estate Market Insight report for the first quarter of 2017. The study reveals that the

 Japanese hotel chain Toyoko Inn opened its first branch in the Philippines in Mandaue City, Cebu yesterday banking on the growing demand in the accommodation sector here. President and CEO Maiko Kuroda said the company is bullish on the hotel industry in Cebu supported by its growing tourism

AMID rising vacancy in retail spaces, a property management and research firm advised mall operators to invest in online shops as a way to “future-proof” their business. Colliers International said the overall vacancy in Metro Manila, for instance, is seen to rise to 10 percent to 11 per

The Philippines’ real estate sector has seen an unprecedented boom in the last two years. And this is leading to an increase in work for law firms.  Real estate is booming in the Philippines. According to property consultancy firm Pinnacle Real Estate Consulting Services, the country&rsq

A new business hotel has opened in Cebu City amid the growth in the business traveler market and the tourism sector as well. Mezzo Hotel is adding up 186 rooms to Cebu's accommodation sector which has seen a rising demand in recent years amid the tourism boom. "We're banking on business travelers

Location has forever been taken as the biggest consideration when buying real estate. Between accessibility to and from key places like schools, shopping malls, and business districts, the inclination to increase in value, and simple personal preference, there are plenty that go into the decision of

 Aboitiz Land Inc. is developing a multi-billion housing project in Balamban town, a testament of the developer’s optimism on the Cebu market. President and CEO Andoni Aboitiz said Cebu remains a key home market for the property firm. "Cebu will always take up a lot of our projects... s

Former U.S. president Franklin D. Roosevelt was once famously quoted: “Real estate cannot be lost or stolen, nor can it be carried away. Purchased with common sense, paid for in full, and managed with reasonable care, it is about the safest investment in the world.” While spoken decades

Cebu's rental growth is expected to see a ‘downward pressure’ as the vacancy rate is seen to go up this year. Real estate consulting firm KMC MAG Group said the additional office space epicenter to enter the market this year could prompt vacancies to increase. "In 2017, around 102,800