- CEO
- Jose Marco R. Antonio
- Full Time Employees
- 1,348
- Sector
- Finance
- Industry
- Real estate development
- Address
- Makati Philippines
- IPO Date
- Jun 16, 1976
- Business
- Century Properties Group Inc. (PSE: CPG) is a full-line real estate development, commercial leasing, and property management enterprise headquartered in Makati City, Philippines. Founded in 1986 and operating as a publicly listed subsidiary of parent holding company Century Properties, Inc., the corporation engages in the acquisition, design, development, marketing, sale, leasing, and facility administration of high-rise, horizontal, medical, retail, and hospitality assets. The company conducts operations across three principal business segments: Real Estate Development, Commercial Leasing, and Property and Hospitality Management.
The company's core product and service portfolio comprises: In-City and Luxury High-Rise Developments, featuring master-planned residential condominium towers and branded developments such as Trump Tower at Century City, The Milano Residences, The Gramercy Residences, Century Spire, Acqua Private Residences, and The Residences at Commonwealth by Century; Regional Resort-Themed Residences, including mid-rise condominium estates such as Azure Urban Resort Residences in Parañaque and Azure North in San Fernando, Pampanga; First-Home and Affordable Housing Communities, marketed under the comprehensive PHirst brand portfolio encompassing PHirst Park Homes for core affordable townhouse and single-attached units, PHirst Sights for economic and socialized housing, PHirst Editions for mid-income single-family housing, and PHirst Centrale for integrated commercial-residential township centers; Commercial, Office, and Medical Leasing Assets, including the Century City Mall retail lifestyle center, Grade-A PEZA-accredited corporate office facilities at Century Diamond Tower, and specialized clinical and outpatient healthcare suites at Centuria Medical Makati; and Property, Facility, and Hospitality Management Services, delivered through Century Properties Management, Inc. (CPMI) for complete building maintenance, technical advisory, lease administration, and estate operations, alongside hotel and serviced-residence operations including Novotel Suites Manila at Acqua and The Hotel Residences at Acqua.
In recent strategic developments, Century Properties Group has implemented major corporate reorganizations, geographic expansions, and capital-raising initiatives to drive sustainable growth. The company assumed 100 percent ownership of its affordable housing business by completing the buyout of former joint venture partner Mitsubishi Corporation's 40 percent stake in PHirst Park Homes, Inc. and Tanza Properties, Inc., followed by corporate board approval to formally merge PHirst Park Homes, Inc. into Century Properties Group Inc. to optimize operational efficiency and capital deployment. Expanding beyond its core markets in Metro Manila, Calabarzon, and Central Luzon, the company initiated its nationwide footprint expansion into Mindanao with the launch of the PHP 5.3-billion PHirst Park Homes Gen San development in General Santos City as part of a multi-year pipeline targeting 35 new master-planned projects. To finance ongoing development programs and capital expenditure requirements, the company listed PHP 5 billion in retail fixed-rate bonds on the Philippine Dealing & Exchange Corp. under its PHP 12-billion debt securities shelf registration program, following the successful completion of a PHP 2-billion Series B preferred shares offering.