Real estate sales, hotel revenues propelled GERI’s growth during the first six months of 2022

Global-Estate Resorts, Inc. (GERI), a Megaworld subsidiary and the country’s leading developer of master-planned integrated tourism-estates, registered a net income of P848 million during the first half of 2022, a 32% increase from the P643 million recorded in the same period last year. Its net income attributable to the parent company during the first two quarters of the year also grew by 24% year-on-year to P748 million from last years’ P604 million.
A 15-storey condominium offering modern amenities and convenient living that will cater to the lifestyle of modern Ilonggos is soon rising at the heart of the City of Love.
Bernwood Tower promises to offer a different condo living experience to the Ilonggos being the first vertical project of the Ilonggo-owned Eon Realty and Development Corporation (ERDC).