Property
BCDA pushes BGC, Camp John Hay masterplans
The Bases Conversion and Development Authority (BCDA) is pushing ahead with updated masterplans for Bonifacio Global City (BGC) and Camp John Hay, with key decisions on both estates expected before the end of the year.
Makro secures four Ayala Land sites for expansion
Makro Philippines is accelerating its Luzon expansion after securing four strategic sites from Ayala Land Inc., giving the wholesale retailer access to major growth corridors in Metro Manila and Southern Luzon.
RLC sees bigger REIT asset recycling opportunities
Robinsons Land Corp. (RLC) is eyeing a bigger asset-recycling program through RL Commercial REIT Inc. (RCR), with more malls and offices available for potential infusion as the property developer shifts toward recurring income.
Ayala Land starts turnover of Naga employee homes
BellaVita, the socialized housing arm of Ayala Land Inc., has started turning over homes to Naga City government employees under a program covering 1,011 units at BellaVita Naga in Barangay Pacol.
AREIT eyes October approval for P17.33B swap
AREIT Inc. is moving toward an October regulatory filing for its P17.33-billion property-for-share swap with Ayala Land Inc. and four subsidiaries, a transaction that will bring six shopping mall and hotel assets into the real estate investment trust’s portfolio and potentially strengthen recurring cash flow and dividends.
