The government-led pension fund, the Social Security System (SSS), is now an anchor investor in Century Properties Group (CPG), following a transaction valued at P500 million.

In a statement on Friday, Century Properties Inc. (CPI), the majority shareholder of CPG, said SSS secured 740,740,741 common shares, translating to a 6.39 percent ownership stake in CPG.

CPG said the strategic stake was acquired through a block sale, marking a significant milestone for the property firm.

Additionally, SSS acquired the shares at a 4.93 percent discount to CPG’s current market price and is expected to gain a dividend yield of approximately 7.8 percent, plus potential capital appreciation.

China Bank Capital Corporation (Chinabank Capital) acted as the advisor and arranger for the transaction.

"We are honored to have the Social Security System (SSS) as an anchor investor in Century Properties Group. Both CPG and SSS share a long-term perspective and remain optimistic about the growth prospects of CPG. This collaboration reinforces our shared vision for sustainable growth and value creation. We are committed to ensuring this partnership translates into tangible benefits for the SSS fund," said Ambassador Jose E.B. Antonio, executive chairman of CPG.

"We are very pleased that SSS found a compelling investment opportunity in CPG. The market is taking notice of the company’s strong fundamentals and growth prospects, and we are confident that management will continue to create value for all CPG shareholders," said Ryan Martin Tapia, president of Chinabank Capital.

CPG emphasized that as part of its core mission, it continues to focus on delivering value to its shareholders through sustained business growth, prudent financial management, and innovation in real estate development.

The company is driving sustainable growth by balancing its affordable housing and premium residential segments under its Twin Engine Strategy, which aims for 15 to 20 percent growth over a 3- to 5-year period.

“This dual focus diversifies revenue, enhances resilience, and expands its reach across key growth corridors nationwide. Up to P12 billion of CAPEX is budgeted for 2025, consisting of up to P10 billion for its first-home segment, PHirst Park Homes, and up to P2 billion for Century’s premium line,” the CPG statement said.