Century Property’s contactless shift boosts sales

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Antonio family-led Century Properties Group (CPG) reported its residential property sales picked up in the second quarter—the period during which the brunt of pandemic-related lockdown protocols was

“Century Properties was quick to adapt to digital selling and contactless transactions that generated healthy reservation sales for the first half of 2020. From an investment standpoint, real estate is more stable and safe in the long term, and it’s a hard asset that you can use,” CPG president and chief executive Marco Antonio said in a press statement.

Reservation sales are an indication of the revenues that the property developer may recognize in the coming years, depen­ding on construction progress.

 

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