By Elijah Felice Rosales
Suntrust Properties Inc. President Atty. Harrison M. Paltongan and Stateland, Inc President Reynaldo T. Cometa during the MOA signing at Marriot Hotel
PROPERTY developer Stateland Inc. is now a subsidiary of real-estate firm Suntrust Properties Inc. with the government’s approval of their merger.
By: Catherine Talavera
MANILA, Philippines — A new battleground is emerging in the local property sector as developers – from small startups to established giants – have taken more aggressive positions to corner a sizable share in a business seen to grow six-fold in two years.