Housing demand spreads out from Manila to provincial areas
RESIDENTIAL developments are mushrooming not only in Metro Manila and Luzon, but also in the Visayas and Mindanao, according to a top executive of a Cebu-based real-estate company.
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RESIDENTIAL developments are mushrooming not only in Metro Manila and Luzon, but also in the Visayas and Mindanao, according to a top executive of a Cebu-based real-estate company.
PROPERTY developer Cebu Landmasters Inc. (CLI) is raising up to P3.8 billion from its initial public offering (IPO) in the next three months to finance the company’s ongoing project developments and future plans, as well as for debt repayment and capitalization.
CEBU-BASED property developer Cebu Landmasters Inc. said it would be spending at least P12 billion over the next two years for its residential, commercial and hotel developments in key cities of the Visayas and Mindanao regions as part of its expansion plans.
Story & photo by Efleda P. Campos / Senior Editor
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