A restaurateur in Cebu sees real estate as more lucrative and has decided to invest on more properties instead of adding more outlets to his restaurant.
Efrain Pelaez, part-ower of Cebu restaurants such as Mikado, Grand Majestic, and Café de France, told The Freeman that he is taking advantage of the real estate boom in Cebu and will be developing some of his idle properties in Mactan Island and Olanggo.