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Ayala Land allots P13 B to redevelop 4 major malls
The Philippine Star
|February 17, 2024
Ayala Land Inc. (ALI) is spending P13 billion for the redevelopment of its malls, which is expected to be completed by 2028.
ALI senior vice president and head of leasing and hospitality Mariana Zobel de Ayala said the company is investing P13 billion for the redevelopment of Glorietta and Greenbelt in Makati, Trinoma in Quezon City and Ayala Center Cebu, which will start this year.
Zobel said that for Greenbelt 1, which will involve putting up a new building, there will be "an additional separate investment to the P13 billion."
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