Thursday, July 3, 2014

Century Properties eyes completion of 31 buildings by 2019


MANILA, Philippines - Century Properties Group said it is expected to complete 31 buildings in the next six years.

In a statement, Century Properties said the 31 buildings, which have around 1.67 million square meters, will be located in master-planned developments in Century City Makati, Acqua Private Residences in Mandaluyong, Azure Urban Resort Residences in Paranaque, the Residences at Commonwealth in Quezon City and Canyon Ranch in Cavite.

The buildings include residential projects for luxury, middle-income and affordable markets, and retail, office and medical office developments.

Century is also developing an office building in Fort Bonifacio.

The property developer's land bank also includes properties in Pampanga, Quezon City and Batangas.

Earlier, Century said it is expected to complete six commercial buildings totaling roughly 160,000 square meters by 2019.

"Century is now evolving from being a top residential developer in Metro Manila to a well-diversified real estate developer with recurring revenue streams," said Century Properties Chief Operating Officer Jose Marco R. Antonio.

source: www.abs-cbnnews.com