A New Davao Arises!

Bringing you what’s new in the city and upcoming to Davao!

Ayala Land partners with three firms for Davao dev’t

Property giant Ayala Land Inc. has teamed up with three other companies to develop a nine-hectare property in Bajada, Davao City into a mixed-use community, consisting of retail and business process outsourcing (BPO) facilities.

Ayala Land has entered into agreement with Anflo Management & Investment Corp., Pioneer Trading & Supply Co. Inc. and Davao Motor Sales Co. for the project, which was estimated to cost an initial P2.31 billion.

The project would involve a 40,000-square meter retail development and a 20,000-sqm BPO development.

Ayala Land has a 67-percent equity in the project.

ABS-CBNnews Online


Filed under: Davao Business Updates, Urban Developments in Davao

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: