Buyer's Guide to Ayala Land

Ayala Land eyes industrial park in Central Luzon, to woo Chinese firms
SOURCE:https://news.abs-cbn.com/business/04/29/19/ayala-land-eyes-industrial-park-in-central-luzon-to-woo-chinese-firms

MANILA – Ayala Land Inc. said Monday it was looking for potential areas in Central Luzon to build an industrial park, which would be offered in part to Chinese companies.

The industrial park will be for light manufacturing activities, a “portion of which will be offered” to the Chinese, Ayala Corp’s property arm told the stock exchange.

Ayala Land also said manufacturing firms from China would occupy 1.9 hectares of space at its Alviera Industrial Park in Porac, Pampanga.

ALI offers to buy portion of Makati Sports Club property

Property giant Ayala Land Inc. has offered to buy a big piece of the prime property of leisure estate Makati Sports Club for P4 billion, which will be used to fund the latter’s redevelopment plans.

According to the annual report issued by Makati Sports Club last week, ALI has offered to buy 7,000 square meters of its 1.3-hectare property within the Makati central business district. At P4 billion for the entire parcel, the offer prices the land at P571,428 per square meter.

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ALI offers to buy portion of Makati Sports Club property