Thursday, January 18, 2018

Ayala Land, Eton tie up to build P53-B mixed-use estate

Property developers Ayala Land Inc. (ALI) and Eton Properties Philippines Inc. (EPPI) will jointly invest P53 billion to initially develop a 35-hectare mixed-use estate that spans portions of Pasig and Quezon City over the next 10 years.

Ma. Carmela Ignacio, assistant vice president of ALI’s Strategic Landbank Management Group, said in a press launch Thursday that bulk, or 75 percent of total spending, would be earmarked for the construction of 10 residential towers in the estate, Parklinks.

Ignacio said the residential developments would be introduced by its subsidiaries Ayala Land Premier and Avida Land Corp.

No comments:

Post a Comment