PROPERTY developer Ayala Land Inc. (ALI) said Friday that it would be developing a 62-hectare estate in Batulao, Nasugbu, Batangas, with an initial investment of P1.9 billion for the project over the next five years.
IF plans push through, the jeepney modernization, controversial as it is, will be implemented by the government on December 31. This could bring, God forbid, chaos on the transport sector as jeepney drivers/operators might hold massive strikes as they’ve always done to protest the project. The government’s wish to have…
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AREIT Inc the real estate investment trust controlled by billionaire Jaime Zobel de Ayala and his family’s Ayala Land Inc. (ALI) said last week it has agreed to buy prime properties worth 30 billion pesos ($542 million) from its parent and affiliate companies.
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