1.   Previously these costs were charged to the provision set up in prior years for the write-down on the withdrawal from property development.

2.   Recently, however, investors have been shifting into high-tech industry and property development, which demand more capital.

3.   As a Director of PandO Developments, he will have responsibility for the Continental European property development and investment portfolio.

4.   Analysts say the real gravy train is property development, though.

5.   Analysts expect the restrictions in the budget to fall most heavily on companies with stakes in property developments, like Prolink, that would cater to foreign investors.

6.   And the finance companies that loaned much of the fast money for things like grand property developments found themselves overextended as well.

7.   Another question mark has been profligate lending by banks for property development.

8.   Asian companies in some sectors such as property development are no stranger to debt issues.

9.   Ayala Corp. attributed the rise in net income last year to contributions from its property development, banking, insurance food manufacturing and electronics units.

10.   Ayala Corp., a diversified holding company with interests in property development, banking, telecommunications and food production, also fell.