Ayala Land Investing PhP16B in New BGC Project

MANILA, Philippines–Property giant Ayala Land Inc. (PSE: ALI) is making another big bet on Bonifacio Global City as it announced on Tuesday that it would invest PhP16 billion in the development of a 2.6-hectare property in the area into a new mixed-use complex over the next six years.

Ayala Land is launching the project, dubbed Park Triangle, which will include a residential tower, office buildings and a shopping mall, said Anton Sanchez, Ayala Land division manager for project development.

Read More

Source: Philippine Daily Inquirer

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.