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                    [ArticleID] => 305153
                    [Title] => UCPB sells entire stake in Forbes Tower
                    [Summary] => United Coconut Planters Bank (UCPB) is selling its entire stake in Forbes Tower, a high-rise luxury residential condominium in Makati, for P3 billion.


The condominium, which has since been renamed Fraser Place, is co-owned with Fraser Serviced Residences Pte. Ltd., a Singapore-based institutional property.


UCPB vice president for asset management and disposition division Christine Carandang said that with the strong performance of the serviced apartments segment, investor interest is expected to heighten.


                    [DatePublished] => 2005-11-04 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
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                    [ArticleID] => 164961
                    [Title] => Fraser’s the place
                    [Summary] => By the end of this year, Fraser Place Manila  will be 50% occupied.


That’s the target of Carlo  Gomez, general manager of Fraser Place Serviced Residences Forbes Tower Manila.  


"The  serviced apartments business  in the Philippines will grow by  about 2% to 3% a year. While this is relatively small compared with other countries, we are encouraged by government’s efforts to win investors to the country," he said. 


                    [DatePublished] => 2002-06-17 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1309106
                    [AuthorName] => Estela Banzon-De La Paz
                    [SectionName] => Business As Usual
                    [SectionUrl] => business-as-usual
                    [URL] => 
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FRASER SERVICED RESIDENCES PTE

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                    [ArticleID] => 305153
                    [Title] => UCPB sells entire stake in Forbes Tower
                    [Summary] => United Coconut Planters Bank (UCPB) is selling its entire stake in Forbes Tower, a high-rise luxury residential condominium in Makati, for P3 billion.


The condominium, which has since been renamed Fraser Place, is co-owned with Fraser Serviced Residences Pte. Ltd., a Singapore-based institutional property.


UCPB vice president for asset management and disposition division Christine Carandang said that with the strong performance of the serviced apartments segment, investor interest is expected to heighten.


                    [DatePublished] => 2005-11-04 00:00:00
                    [ColumnID] => 133272
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                    [AuthorName] =>  Ted P. Torres
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                (
                    [ArticleID] => 164961
                    [Title] => Fraser’s the place
                    [Summary] => By the end of this year, Fraser Place Manila  will be 50% occupied.


That’s the target of Carlo  Gomez, general manager of Fraser Place Serviced Residences Forbes Tower Manila.  


"The  serviced apartments business  in the Philippines will grow by  about 2% to 3% a year. While this is relatively small compared with other countries, we are encouraged by government’s efforts to win investors to the country," he said. 


                    [DatePublished] => 2002-06-17 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1309106
                    [AuthorName] => Estela Banzon-De La Paz
                    [SectionName] => Business As Usual
                    [SectionUrl] => business-as-usual
                    [URL] => 
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UCPB sells entire stake in Forbes Tower

By Ted P. Torres | November 4, 2005 - 12:00am

United Coconut Planters Bank (UCPB) is selling its entire stake in Forbes Tower, a high-rise luxury residential condominium in Makati, for P3 billion. The condominium, which has since been renamed Fraser Place,...

Business

Fraser’s the place

By Estela Banzon-De La Paz | June 17, 2002 - 12:00am

By the end of this year, Fraser Place Manila will be 50% occupied. That’s the target of Carlo Gomez, general manager of Fraser Place Serviced Residences Forbes Tower Manila. "The serviced apartments...

Business As Usual