S&P: Top property developers shifting to high-end projects
MANILA, Philippines — Despite lingering challenges in the Philippine real estate sector, the country’s four largest property developers are expected to ramp up premium residential projects over the next two years to offset a softening mass market, according to S&P Global Ratings. Property giants Ayala Land Inc., Megaworld Corp., Robinsons Land Corp. and SM Prime Holdings Inc. ar...
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