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Showing posts with label Lodging. Show all posts
Showing posts with label Lodging. Show all posts

Wednesday, December 1, 2010

Stock News 2010: Geo-Estate gains ground with The Beacon Makati

The Gramercy Residences in Makati City, Philip...Image via Wikipedia
 MANILA, Philippines – Geo-Estate Development Corp.’s maiden venture, The Beacon Makati, is now taking shape amidst more than 10,000 sqm of prime land on the corner of Chino Roces (formerly Pasong Tamo) and Arnaiz (formerly Pasay Road) Avenue. Recently, Geo-Estate president and COO Miriam O. Katigbak expressed confidence that the project will emerge as the only condo development of its kind in the area with a distinguishable and unparalleled “residential resort” theme.

This pronouncement is related to the impending turnover of the first building, Roces Tower, by the middle to the third quarter of 2011. Now in its finishing stages, construction is deemed right on track.

“We started construction of Roces Tower in the middle of 2008 and this 42-story structure is now set for completion soon. For the second phase which is Arnaiz Tower, we started construction in August this year and it is scheduled for turnover in 2013. Amorsolo or Tower 3 is presently in its planning stages and will be launched soon,” Katigbak said.

With sales averaging well across the market segments, Katigbak said that the industry has started to take notice of Geo-Estate as a formidable developer even if it is a young company.

http://www.mb.com.ph/articles/290367/geoestate-gains-ground-with-the-beacon-makati


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Friday, February 26, 2010

Stock News 2010: Robinsons Land a driving force in Cebu

Capitol building of the Province of Cebu, loca...Image via WikipediaMANILA, Philippines The strong domestic retail market continues to paved the way for more property developments and expansion not only in major urban centers like Metro Manila but throughout the country. The expansion is being followed rapidly by BPO and call center companies as they moved to the Next Wave Cities.
Cebu has taken advantage of these developments and has landed itself as the premier destination for BPO and call center companies because of the presence of the correct mix of critical infrastructure, ample and appropriate human resources and lower cost. Cebu was selected as one of the highest-ranking BPO destinations in Asia due to high literacy and labor pool, fiscal incentives and competitiveness.
Robinsons Cybergate Cebu, Robinsons Land Corporation’s latest Cebu project that integrates BPO office spaces in its newest shopping and lifestyle mall development has reinforce the company stature as a driving force in the industry and the main developer of BPO sites that offers a total live-work-play environment.
For inquiries on Robinsons Cybergate Cebu office space leasing, call (02) 395-2177; (032) 255-5590 or email at office.buildings@-robinsonsland.com
http://www.robinsonsoffices.com/news.html
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Friday, January 15, 2010

Stock News 2010: PEZA-backed Robinsons Cybergate Cebu opens

Skyline of Cebu CityImage via WikipediaMANILA, Philippines - Cebu City, ranked by Tholons International as the number one city among the world’s Top 50 Emerging Global Outsourcing Cities, is the host of Robinsons Land Corporation’s latest mixed-use project, Robinsons Cybergate Cebu.
While Cebu is also considered premier tourist destination, it is the second most popular destination of business process outsourcing (BPO) companies, next to Metro Manila, since it provides the infrastructure, amenities and the balanced lifestyle that draws BPO companies to set shop.
Opened last Dec. 9, 2009, Robinsons Cybergate Cebu is a seven-story mixed-use development with dining options, a medical and wellness component designed to supplement the services offered by the adjacent Chong Hua Hospital and other medical facilities and three floors for office. The new medical-commercial development sits on a 5,000-square meter lot and will have a gross leasable area of 12,500 square meters. It will have a total of 55 shops and restaurants as well as 35 wellness clinics.
The PEZA-accredited project located along J. Llorente St. corner Don Gil Garcia St. and facing Fuente Osmena Circle will be offering a complete work, relax, distress environment. The building is also equipped with full back-up power generators and utilizes the flexible VRF/VRV air-conditioning system perfect for companies who are conscious about work hours flexibility and cost savings.
Given its location at the heart of Metro Cebu, Robinsons Cybergate Cebu has unmatched accessibility and within the vicinity of Cebu’s major universities and colleges that provide an annual college graduating pool of 20,000 allowing ease in recruitment and potential employment.
http://www.robinsonsoffices.com/news.html
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Friday, December 11, 2009

Stock News 2009: Philippines' RLC Opens Robinsons Cybergate Cebu Complex

Cebu Island as seen across the Cebu StraitImage via WikipediaCEBU CITY, Dec 11, 2009 (AsiaPulse via COMTEX) --
Robinsons Land Inc. (RLC, PSE:RLC) has opened its multi-million-peso Robinsons Cybergate Cebu, a mixed-use project that fuses office, wellness and retail into one development.
Robinsons Cybergate Cebu is the newest is the newest high-rise building around the Fuente Osmena rotunda in the heart of Cebu City and is just across the Robinson mall and Cebu Midtown Hotel.
RLC general manager Nilo Mapa Jr. said the project is a testament to the companys intention to expand its presence in Cebu.
Momot Irizari, RLC-Cebu group property manager for the commercial centers division, said 80 percent of leasable space of the seven-story building is already booked.
RLC is still negotiating with various business process outsourcing (BPO) companies for its 6,300-square-meter space allocated for a call center operation.
Hopefully, by the end of the year we will be able to sign a deal with a company for the BPO space, she said.
She said that right now, inquiries come from BPO players that have existing operations in Cebu and those that have yet to locate here.
But RLC is open to have more than one BPO locator to occupy the fifth to seventh floor of the building, depending on the need of the company.
Since the call center is open on a 24-hour shift, some of the retail and food tenants have also agreed to operate 24/7, like the pharmacy, convenience stores and the coffee shop.
The first two floors of the Robinsons Cybergate Cebu features food and retail outlets, including homegrown restaurants Mooon Cafe, Flame It and Golden Cowrie. The second level also features a food court, where food kiosks and carts are located.
The third floor of the building is dedicated to its wellness component and this includes salons and spa operators.
The fourth floor is where the medical clinics are found and Irizari said a number of medical practitioners are going to open clinics there, ranging from internal medicine doctors, obstetricians, dentists and orthopedics.
Although the structure is already 100 percent complete, some finishing touches and final fit-outs have yet to be done. RLC is looking at holding a grand opening or a building inauguration by the third quarter of 2010.
Irizari said RLC is already looking ahead to the start of initial ground work for a similar development at the North Reclamation Area in Cebu City.
The development of RLCs 45,000-square-meter property, located near the old White Gold department store, is set to open in 2011.
Though still a mixed-use project, it will have a different concept from the Robinsons Cybergate Cebu.
Irizari said the still unnamed project will have a supermarket, department store, al fresco dining, a serviced-apartment component and a convention center.
December 11, 2009
http://www.tradingmarkets.com/.site/news/Stock%20News/2717041/
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