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CLI banks on leasing to prop up earnings

Property developer Cebu Landmasters Inc. (CLI) is building a portfolio of office, retail and hotel property assets to create a stream of recurring earnings that would account for about a tenth of total business by 2023. In a disclosure to the Philippine Stock Exchange on Thursday, CLI said that by 2023, gross leasable area would breach the 200,000-square-meter mark. Jose Sob...

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Starting the year right

It has practically become a routine for many to draw up that quintessential list of resolutions to start the year right. It can be a simple change in habits, a bigger resolve to do things better, or the courage to finally have a go for those life-changing decisions. It all boils down to one wanting to be smarter in every move. Financially for instance, you might want to chec...

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Demand for condos at all-time high

Despite fast-rising consumer prices and interest rates, residential condominium takeup in Metro Manila hit a record high in 2018 and home buyers demanded for more aside from the new units brought to the market by property developers. However, this record takeup may be difficult to replicate this 2019 as new launches may slow down due to the dearth of available land in the metropolis a...

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Home preps for the Year of the Earth Boar

Forecasts for the Year of the Earth Boar are now out and you might have already checked out what 2019 has in store for you. Whether or not you will have a share of luck on your side, you might want to check out tips to further enhance it—especially if you are planning to buy a property or renovate your home this year. Malaysia-based real estate consultancy firm, The Edge Propert...

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Robinland picks Quiot for 2nd project

ROBINLAND Inc. will develop its second real estate project in Barangay Quiot, Cebu City. Robinland, led by Edwin B. Robin, held a groundbreaking ceremony for three residential towers last Friday, Feb. 8.  Robin said he chose Quiot because it is situated on a hill that overlooks Cebu City. “Una man unta nakong plano ani kay residential hous...

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OFWs’ quick guide to wise investment

Billions of dollars are remitted to the country by overseas Filipinos workers every year. In 2017 alone, the Bangko Sentral ng Pilipinas (BSP) recor-ded $31.3 billion in personal remittances, which then accounted for about 10 percent of the country’s GDP. Latest BSP data further showed that as of end August this year, cumulative personal remittances reached $21.2 billion, while...

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