French banking group BNP Paribas is opening its Philippine operations in Uptown Eastgate, located within Megaworld’s Uptown Bonifacio township in Taguig City. Operating through BNP Paribas Solutions Philippines, the office will serve as a global delivery centre for corporate and institutional banking services. The move adds Europe’s largest bank to a growing roster of multinational companies based in the BGC master-planned development.
Alvarez & Marsal has expanded its Middle East Real Estate, Travel, Hospitality and Leisure practice. Led by Yousef Wahbeh, the senior team will advise sovereign wealth funds, governments and developers as major regional projects move into operational phases. The move responds to growing demand for hands-on execution advisory across the region.
The Real Brokerage and RE/MAX Holdings have finalised their business combination, forming Real REMAX Group Inc. The deal introduces the new trading symbol REAX on the Nasdaq following a 10-for-1 share consolidation for Real investors and stock or cash payouts for RE/MAX shareholders. Chief Executive Tamir Poleg highlighted the move as a transformational step for property technology and network expansion.
Ayala Land has signed land lease agreements with Makro Philippines to open wholesale stores across four major mixed-use developments. Covering Cloverleaf, Broadfield, Arca South, and Evo City, the deal expands Ayala's partnership with CP Axtra. The structure allows Ayala Land to retain property ownership while generating recurring lease income from high-traffic commercial anchors.
Real asset manager ESR has appointed Reini Otter as Chief Executive Officer for its Australia and New Zealand operations. Based in Sydney, he will oversee regional growth, focusing on fund management, logistics real estate and data centres. He succeeds Phil Pearce, who established the regional branch in 2018 and now steps into the role of corporate President following the company's 2025 privatisation.
Ayala Land Offices’ One Ayala East and West Towers in Makati City have achieved LEED Gold certification for their 74,531-square-meter commercial space. Alongside the South Tower, all three buildings have also secured EDGE Zero Carbon status via 100% renewable energy use and efficiency measures, offering global tenants premium office space aligned with strict corporate ESG targets.
