Ayala Land sells 50% stake in Alabang Town Center for P13.5 billion

Ayala Land sells 50% stake in Alabang Town Center for P13.5 billion
Ayala Land, Inc. (ALI) has signed a share purchase agreement to sell its 50% ownership in Alabang Commercial Center Corp., the company that owns and operates Alabang Town Center in Muntinlupa City, for P13.5 billion. In a disclosure on Tuesday, the property developer said the agreement was executed with its existing joint-venture partner and is […]