Published May 24, 2021, 1:52 PM
Colliers International Philippines recently said that there’s an increasing demand for smart buildings and homes. As expected, home seekers continue to look for places conducive to the WFH scheme, online learning, as well as e-commerce.
A year after the lockdown started, people have adjusted to working and studying from home but only those with fast and reliable internet connection. With its residents and customers as top priorities, Lumina Homes, the affordable housing arm of Vista Land, partnered with Streamtech one of the Philippines’ newest internet service providers to provide high-speed internet to its subdivisions.
In February, two lucky Streamtech subscribers each won a brand new Lumina house-and-lot for its “Subscribe, Stream, and Win” promo. Continuing on the successful partnership, Lumina Homes is set to offer Streamtech’s unlimited, high-speed internet to its homeowners, which can be bundled with cable TV services through Plan
Published May 24, 2021, 3:31 PM
Vista Land & Lifescapes, Inc., one of the country’s leading integrated property developers and the largest homebuilder, is allotting P27 billion for capital expenditures as it grows optimistic due to higher reservation sales.
In a disclosure to the Philippine Stock Exchange, the firm said this year’s capex is mainly for construction and land development.
Land acquisition budget remained muted as the company disclosed that it is looking at maximizing its existing land bank. It has 2,968 hectares of land as of end March 2021.
Vista Land reported that its net income declined 14 percent to P2.1 billion in the first quarter of 2021 from same period last year.
BusinessWorld
May 25, 2021 | 12:08 am
Valmonte
THE growing number of companies offering or expressing interest in tapping the real estate investment trust (REIT) market signal confidence in the capital market, but their dividends will be watched by investors, analysts said.
âIt shows that companies feel that the capital market is a good place to raise money, and it also shows that there are available investors ready to take them,â Juanis G. Barredo, chief technical analyst of COL Financial Group, Inc., said in a Viber message last week.
âIf they feel or sense otherwise, they [will] defer such offerings,â he added.
Rizal Commercial Banking Corp. (RCBC) Chief Economist Michael L. Ricafort said seeing more companies offer REITs is âa good signal on the further progress and development of the countryâs capital market.â
Villar Group ramps up VHealthy campaogn among employees, conducts COVID-19 webinar series
May 18, 2021 | 9:57 am
The Villar Group successfully conducted the first session of its webinar series that aims to educate its workforce about the COVID-19 vaccines and promote vaccination among its employees and their families.
The first webinar installment, “Know if CoVid-19 vaccine is right for you: Handa ka na bang magpabakuna?”, featured Dr. Lulu Bravo, Professor Emeritus, College of Medicine at the University of the Philippines Manila, the Founding President of the Philippine Foundation for Vaccination (PFV), and President of Immunization Partners in Asia Pacific (IPAP); and Dr. Eric Tayag, Director IV, Knowledge Management and Information Technology Service of the Department of Health, and Past President of PFV. The interactive webinar addressed the goals, safety, and benefits of vaccination, among others.
Published May 12, 2021, 2:32 PM
In its first-ever virtual launch, Vista Residences the condominium development arm of Vista Land & Lifescapes Inc. featured Kizuna Heights in Malate, Manila, its joint venture with Japanese real estate developer Mitsubishi Estate Co., Ltd. (MEC).
The milestone event is part of the Vista Residences’ efforts to strengthen its digital platforms and engage a wider customer base, while adapting with the times and social distancing measures of the government. The move shows the brand’s readiness and flexibility amid the COVID-19 scare.
Building facade of Kizuna Heights.
Among Vista Residences’ target customers are young adults who believe that living independently is one step closer to achieving their dreams. That is why the developer chose to kick-start its virtual launches with Kizuna Heights, a premium condominium under Vista Residences, which empowers students and young professionals to create a better future.