Megaworld’s GERI Q1 earnings up 27% as rental revenues tripled

Global Estate Resorts Inc. (GERI), Megaworld’s subsidiary that develops integrated tourism and leisure estates, has sustained its growth momentum this year as first quarter earnings soared 27% to P399‐million from P315‐million during the same period last year. Net income attributable to parent company ended at P407‐million, up 25% from P326‐million during the same period last year.
Consolidated revenues for the first quarter of 2018 amounted to P1.66‐billion, which tallies similarly from its output during the same period last year. GERI’s rental Income for the first three months of the year tripled to P87‐million from P27‐million during the same period in 2017 as the company opened Southwoods Mall, its first full‐scale mall, in Biñan, Laguna.
The three‐level Southwoods Mall offers 58,000 square meter of gross floor area and features innovative contemporary design with touches of interior greenery, a 24‐hour Food Hall, four state‐of‐the‐art cinemas, supermarket, hardware store, toy store…

Filinvest turns over One Spatial Iloilo to residents

Gotianun-led Filinvest is proud to turn-over One Spatial Iloilo, its primary residential project in the city under Futura, the value homes of Filinvest, to its residents. One Spatial Iloilo features a cluster of mid-rise condominium buildings offering spacious units with scenic views of the Iloilo River.
“We are very excited for our residents to experience the lifestyle that One Spatial Iloilo offers. The completion of the first building is a testament of Filinvest’s vision of building the Filipino dream one home at a time across the nation. It also expands the company’s development footprint in the region,” said Tristan Las Marias, Filinvest Senior Vice President for Visayas – Mindanao.

One Spatial Iloilo offers 27sqm 1-bedroom unit to 32sqm and 42sqm 2-bedroom units that are bigger compared to other standard condos. This ample space allows every unit owner to unwind in comfort while providing more than enough space for the family’s needs. Designed with no visible beams and columns, th…

Iloilo Business Park recognized as PH’s ‘Best Township Development’

Iloilo is heading towards a progressive future with so many reasons to prove why the ‘City of Love’ is one of the country’s must-visit, must-experience destinations today.
A huge part of this growing equity is rooted on real estate giant Megaworld’s efforts in redefining the city as a world-class hub through the 72-hectare Iloilo Business Park—the company’s multi-awarded township development in Western Visayas.
PropertyGuru recently recognized Iloilo Business Park as the “Best Township Development” during the prestigious 2018 Philippines Property Awards. The award was one of the historic feats for the company, which was made even bigger when it won the “Best Developer of the Year” award that same night—its third in as many years—along with four more overall winner and three highly-commended awards.
Aside from Best Township Development award, Iloilo Business Park also received a “Highly-Commended” award in Best Retail Architectural Design for Festive Walk Mall.

Growth through livability …

Earth Day 2018 inspires volunteering activities at Globe

As part of its volunteerism—or “volunteaming”—efforts to celebrate Earth Day, one of the world’s most important environment care-related events, Globe employees shared their time and skills by participating in various coastal cleanup and tree-planting activities spearheaded by the Department of Environment and Natural Resources (DENR).
“Last year, we reached an all-time high in our volunteerism goals when a total of 3,803 employees volunteered for various social development causes. 2018 is a year where we put volunteerism in the DNA of each employee—building a base of volunteers with the sole purpose of doing a ‘Globe of Good.’ We intend to bring in more employees who may want to share their time and effort and encourage them to volunteer in any of the activities that they support,” said Yoly Crisanto, Globe Senior Vice President for Corporate Communications.

A total of 38 volunteers from Globe joined a Coastal Clean Up activity at Las Piñas Parañaque Critical Habitat and Ecotourism Are…

Vista Mall Iloilo: Vista Land expands commercial and retail business in Iloilo

Vista Land & Lifescapes Inc. recently opened Vista Mall Iloilo, its first Vista Mall in the Visayas and the 23rd in the country. The mall is located in the heart of Oton along Circumferential Road 1 Savannah, Pulo Maestra Vita, just 15 minutes away from Iloilo International Airport.
For its 1st phase, now open to the public are AllHome, All Day Supermarket, Bake My Day and Coffee Project. Vista Cinemas is expected to open in September this year as the 2nd phase of the project is done.
Vista Iloilo: A Communicity Vista Mall brings life to Vista Iloilo’s promise as a complete and self-sustaining community for Ilonggos. The mall introduces a unique shopping and dining experience with its world-class amenities, diverse selection of restaurants, and an impressive line-up of global and local brands that are suited to the fine tastes of Iloilo residents.
Locals will finally have a taste of what Vista Mall is known for – beautiful interiors, comfortable common spaces, and premium movie watchi…

#makeITsafePH: Protect your personal information online

We live out a good portion of our lives on the internet, the World Wide Web being a major source of information and entertainment, and a venue for social interaction. The internet has changed how we live our lives in countless positive ways, but we cannot deny that it has its downsides as well.
In this millennium, we tend to forget that every time we make a transaction online or post on social media, we give out vital information, making us vulnerable to crimes such as identity theft, credit card scams, cyberbullying, and even rape, burglary or kidnapping.
With these crimes on the rise, we have to take extra steps to ensure that our personal information cannot be accessed by unscrupulous individuals.
Passwords Identity theft is currently the top cybercrime, which can have long-lasting repercussions and destroy your privacy and online reputation. So how do you prevent this? First step is to create strong passwords or personal identification numbers for your bank, credit cards, laptop or co…

Festive Nights at the Iloilo Business Park

The iconic 1.1-kilometer dining strip, Festive Walk Parade at the Iloilo Business Park lights up with more excitement with “Festive Nights,” a series of weekend night street party featuring a dynamic fusion of food, music, arts, and entertainment from 10pm until the wee hours every Thursday to Sunday until end of May.
"Festive Nights encapsulates our vision of elevating the lifestyle and nightlife scene here in Iloilo - something we have been known for with our mall developments," says Kevin Tan, SVP and head of Megaworld Lifestyle Malls. "It is through this event that we want to give Ilonggos, especially the younger market, a taste of what we are about to bring once we open our new mall, the Festive Walk Mall, this year."

Adding fun and color to the streets of Iloilo Business Park A delightful mix of Ilonggo dishes, street food, and party drinks await hungry guests and partygoers at Festive Nights. Ready to delight foodies and gastronomic explorers with a delicious s…