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Shang Properties Inc. executives led by Mabel Tacorda, Federico Noel Jr., Wolfgang Krueger, Alexandra Ramos-Padilla and Rajeev Garg share company developments during the annual stockholders’ meeting on June 18, 2024 at the Edsa Shangri-La Hotel in Mandaluyong City. Shang Properties says it recovered from the pandemic with higher revenues from property development, improved occupancy within the leasing business and the return of tourism and unrestricted movement post-pandemic.
Shang Properties said it recovered from the pandemic with higher revenues from property development, improved occupancy within the leasing business and the return of tourism and unrestricted movement post-pandemic which boosted the hotel and retail businesses. The near completion of ongoing projects, namely Shang Residences at Wack Wack and Aurelia Residences, aided residential net income.Shang Residences at Wack Wack won the Best High-End Condo Development in Metro Manila at the 2023 PropertyGuru Philippines Property Awards and the Best Luxury Development in Metro Manila at the 2023 Carousell Property Awards.
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