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+ Follow FRASER SERVICED RESIDENCES PTE Tag
FRASER SERVICED RESIDENCES PTE
Array ( [results] => Array ( [0] => Array ( [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 [URL] => ) [1] => Array ( [ArticleID] => 164961 [Title] => Frasers the place [Summary] => By the end of this year, Fraser Place Manila will be 50% occupied.
Thats 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 governments 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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By Ted P. Torres | November 4, 2005 - 12:00am
By Estela Banzon-De La Paz | June 17, 2002 - 12:00am
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