MANILA, Philippines – Port, gaming and infrastructure tycoon Enrique Razon has raised his stake in the African continent with the acquisition of a leisure estate with a golf course in the ...

Although golf estates account for only a fraction of the more than 6,500 gated estates nationwide, they are considered highly desirable investments.

MANILA, Philippines — Billionaire Enrique Razon Jr., the country’s richest individual, has gained a stronger foothold in South Africa ... of Pearl Valley Estate, including golf players.