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Metro Cebu

Cebu Landmasters Eyes Expansion in VisMin Areas, to Issue IPO

Cebu IT Park - Park Centrale

CEBU Landmasters Inc. (CLI), the acknowledged homegrown leader in housing development in Cebu, is allotting P12 billion for its 11 expansion projects this year. The company is eyeing six new projects in Cebu, five in the Visayas and Mindanao, and two next-phase developments of existing projects, said Jose Soberano III, CLI president and CEO. He…

Tourism Driving Metro Cebu Property Demand

Mandani Bay Cebu

MORE leisure-oriented condominium developments are expected to rise in Metro Cebu in the medium term, mainly driven by its growing tourism sector, real estate services firm Colliers International Philippines said. In a statement on Monday, Colliers said it has observed a steady increase in residential developments in Metro Cebu that cater to tourists, such as…

Tourism Drives Demand for Condotels, Serviced Residences in Metro Cebu

Cebu Sheraton Mactan Resort

MORE leisure-oriented condominium developments are expected to rise in Metro Cebu in the medium term, mainly driven by its growing tourism sector, according to a real estate services firm. In a statement on Monday, Colliers International Philippines said it has observed a continued increase in residential developments in Metro Cebu that cater to tourists, such…

Metro Cebu Office Market a ‘Preferred Destination’ for BPO Firms

IT Park Cebu

DEMAND from business process outsourcing (BPO) firms will encourage robust growth in Cebu’s office property market, according to a report released Tuesday, by Colliers International Philippines, the latest in a series of analysts to highlight the positive prospects for real estate development in the Philippines’ second city. In its report, Colliers pointed out that Cebu…