THE World Bank gave its nod on Saturday for the $141-million financial package for the Cebu Bus Rapid Transit (Cebu BRT) Project. The financial package, consisting of loans from the World Bank ($116 million) and the Clean Technology Fund or CTF ($25 million), will help finance the construction of a 23-kilometer BRT system along a
MANILA – An affiliate of Ayala Land Inc (ALI) is spending P6-7 billion in the next two years for two new mixed-use developments in Cebu that will be launched later this year. Listed Cebu Holdings Inc director Emilio J. Tumbocon last week told reporters that the projects will feature ALI-branded residential products, office buildings and
The Professional Regulation Commission (PRC) announced Friday, March 21 that 2,048 out of 3,535 passed the Real Estate Broker Licensure Examination administered by the Board of Real Estate Service in Manila, Baguio, Cagayan de Oro, Cebu, Davao, Iloilo, Legazpi and Lucena this March 2014. The results were released in 5 working days after the said
Cebu City – A Cebu-based developer is riding on the bullishness of Cebu’s real estate sector by pouring in P1-billion for five residential projects this year. Primary Homes, Inc. is eyeing to develop three condominiums and two house and lot developments across Metro Cebu, a company official said. Primary Homes vice president for sales and
Jan. 24, 2014 –Ayala Land Inc. (ALI) and AboitizLand Inc. signed a joint venture agreement to solidify their partnership in developing what is envisioned as one of Cebu’s most impressive growth centers. The partnership brings together ALI’s track record in developing masterplanned, sustainable communities and AboitizLand’s vast and deeply-rooted real estate experience in Cebu, for the development
