Commercial real estate (CRE) is a property exclusively used for business purposes or to provide a workspace instead of a living space. More often, these properties are leased to tenants to conduct business. This includes retailers of all kinds such as convenience stores, restaurants, and hotels. These properties have the potential to generate profit through gaining from invested capital or income from rental costs. It’s a potent source of revenue and capital appreciation for investors. They can be broken down into different categories so investors can distinguish each property’s intended use ..read more

Retirement, according to Wikipedia, is one’s withdrawal from a position, occupation, or active life. For most people, retirement is a way to permanently escape the fast-paced way of living and stressing situations of full-time employment. Basically, retirement is like a vacation that never ends, so it’s best to choose your location wisely. After all, you’ll be spending the rest of your life here, so might as well enjoy it to the fullest. Which brings us to the next and most important question: where to retire? Location is a primary factor to consider when thinking of a retirement place, which ..read more

When talking about retirement, it’s important to address several things. First, you may want to ask yourself where you plan to retire, and what you plan to do upon retiring. Fortunately, there’s a tropical retreat such as the Philippines, which will welcome you with open arms. In fact, the Philippine government has a specialized sector in the tourism department to help retirees settle in the country. This sector is known as the Philippine Retirement Authority or PRA, which provides the utmost assistance and care throughout your entire stay. Worried about the language barrier? Well, right here ..read more

There’s a reason why Cebu is being populated by retirees—a peaceful lifestyle. Where one lives greatly depends on their priorities. Fresh graduates or the working bracket tend to veer towards the city because it is close to their jobs and is the hub of city life. But when marriage and raising a family enters the picture, tables may turn and priorities shift. There are different considerations when looking for a place to stay, which is why some families decide to step away from the central district in search of a more family-friendly and accommodating city. If you’ve been thinking of starting a ..read more

CEBU OFFICE SECTOR Offshore gambling is emerging as a critical segment of the Cebu office market as it accounted for almost 25% of recorded transactions in 2017. Business Process Outsourcing(BPO)-Voice companies continue to dominate covering more than a half of transactions while the Knowledge Process Outsourcing (KPO) firms that provide higher value services also sustained demand, taking 20% of the total office leases. Colliers sees the current administration’s infrastructure implementation and decentralization thrust benefiting Cebu as it is the largest business destination outside Metro Man ..read more

Cebu has been making a name for itself as one of the best places to visit not just in the Philippines, but in Asia and the rest of the world. Filled with astonishing views of the Pacific, world-class cuisine, and some of the friendliest people around, the area has become a hotspot not just for tourists, but for potential retirees as well. Whether people retire at 60, 65, or older (or younger for some lucky folks), individuals who want a peaceful yet bustling life should consider Cebu, which combines the best of both urban and rural locations. Here are five of the best places to check out if yo ..read more

When you’re a visitor in Cebu, the last thing you want is to feel out of place and just totally lost. Of course you still don’t want to look as if you’re a pro and act like you “know-it-all,” but it really helps to learn more to experience Cebu like a true local. With the Sinulog Festival happening soon, you can try to learn as much as you can about Cebu. You can also plan your itinerary properly and search for recommendations on where you can stay. As soon as you arrive, you need to have an optimistic attitude and trust that you are surrounded by friendly Cebuanos who will definitely make you ..read more

Real Estate Projects and Developments in Cebu to Watch out for The most recent Whitepaper from global real estate portal Lamudi reported that the Philippines has now become a real estate hotspot in Southeast Asia. With the realization of regulatory reforms for the past 15 years, the Philippines has now become a haven for both local and foreign investors who are now purchasing real properties all over the country. The rising trend of urbanization in big cities such as Metro Manila is now pushing real estate developers to continue their projects outside of the nation’s capital. Among the chosen ..read more

ALI-Aboitizland’s Gatewalk Central conceptualized to be Mandaue City’s new business center Mandaue City will soon have an Ayala Mall, Avida Towers and more office spaces for business process outsourcing companies with the launching yesterday of the multi-billion joint venture project between Ayala Land Inc. (ALI) and Aboitiz Land in Barangay Subangdaku. At least P10 billion has already been invested for the initial development of the 17.2-hectare mixed-use property called Gatewalk Central, which will feature office buildings, residential areas, parks and retail stores including the Ayala Mall ..read more

Japan manufacturing companies lining up to set up shop in the Philippines. MANILA, Philippines – There is a long list of Japanese manufacturing companies looking to come to the Philippines, said Japanese Ambassador to the Philippines Toshinao Urabe. Urabe said that aside from the manufacturing companies that are already present in the Philippines, there is a long list of new companies that are looking to enter one of the best performing economies in the world. “There are quite a few Japanese companies coming into the Philippines,” Urabe said at the Makati Business Club and the Japanese Chamber ..read more