Public housing | GlobalPost

Century Properties targets to hit P30B pre-sales, P3Bprofit by 2015

AsianetApril 9, 2013 04:34

Listed real estate firm Century Properties Group Inc. expects growth to be sustained over the next three years as it aims to hit pre-sales of P30 billion and profit of P3 billion by 2015. Chief Financial Officer Jose Carlo Antonio expressed this optimism after the company achieved a net income of P1.86 billion in 2012, up by whopping 112 percent from P866 million the previous year. Its pre-sales from development projects rose by 16.6 percent from P18.4 billion to P21.4 billion.

Spain launches housing plan for neediest eviction victims

Thomson ReutersJanuary 17, 2013 15:30

Evictions of those unable to keep up their mortgage payments have become increasingly common in recession-bound Spain and protest and campaigns to help vulnerable families grew last year after the suicides of several people whose homes had been seized.