Properties Listing

Belmont Group to employ 500 for theme park project

CEBU, Philippines — Belmont Group expects to hire at least 500 workers as diversifies its business interest by venturing into its first integrated theme park project in Calajoan, Minglanilla, Cebu. Belmont One is a P500 million project, situated in 3.5-hectare property that will host a hotel, restaurants, retail and shopping centers, and a world-class theme park to be called Anj...

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Century Properties to complete P4.5-B office tower in 2019

  As part of its expanding office property footprint, Antonio family-led Century Properties Group Inc. (CPG) expects to complete by September 2019 its single biggest office project yet, the P4.5-billion Century Diamond Tower, which can yield close to a billion pesos in annual revenues. This 35-story Philippine Economic Zone Authority-accredited premium office building i...

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Belmont group to spend P500M for integrated complex in Minglanilla

THE Belmont Group is earmarking P500 million to build Belmont One, an integrated commercial complex located in Minglanilla. It will be the Lim family’s biggest venture in 45 years. With a solid track record in the general hardware business since 1973, the Lims are joining other local investors in putting up infrastructure that will rev up Cebu’s tourism activities as...

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Real estate tycoons are biggest winners in Forbes rich list

MANNY Villar shot to the second spot in Forbes’ annual list of richest Filipinos, with a net worth of $5 billion, the publication said. According to Forbes, the former senator’s wealth tripled over the past year, with shares of his Golden Bria leaping 1,300 percent in the first quarter. SM’s Henry Sy stayed at the top, with a net worth of $18 bill...

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Megaworld to build JP Morgan tower

Megaworld Corp. has bagged a deal to build in Fort Bonifacio an “iconic” 25-story office tower for the global shared services operations of American banking giant JP Morgan Chase. The build-to-suit building will have about 70,000 square meters of leasable space, Megaworld said in a statement on Tuesday. JP Morgan’s new business process outsourcing hub is ex...

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TRAIN 2 concerns won’t slow down property boom

BROKERS UPBEAT ON SECTOR’S PROSPECTS Cebu’s real estate boom is expected to continue in the coming years. Officials of the PAREB-Cebu Real Estate Inc. (Pareb-Cereb) remain optimistic that the burgeoning property sector will retain its growth in the next three to five years, despite some concerns. “We see three or five more years of this real estat...

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