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Ayala invests in Davao

December 3, 2007

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.

Source: ABS-CBN News

Comment:

So I guess we’ll be seeing an ayala mall here in the south!

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5 Comments leave one →
  1. February 6, 2008 2:20 pm

    Matagal na akong wala sa Davao at dito n me sa Cavite now hanggang ngayon ala pa ring Ayala Mall jan susmaryosep! Just asking kong ok parin ang Victoria Plaza… mejo luma na kasi un nag-improve ba?

  2. migs permalink*
    February 6, 2008 2:23 pm

    mukang wala namang pagbabago sa victoria mall.

    pati yung christmas tree nila ganun pa din.. hahahah

  3. March 29, 2008 1:02 pm

    Lapit na ang JUNE!!!!

    para magstart na ito….

  4. Patrick permalink
    August 11, 2008 3:07 am

    The construction is now starting. Target date will 2010.

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