Ayala Land seeks partners for FTI devt


MANILA, Philippines – Property giant Ayala Land Inc. (ALI) may get partners to help develop the 74-hectare portion of Food Terminal Inc. (FTI) it won through a government auction in August, in line with its strategy in developing other massive projects.

ALI President Antonino Aquino said in a text message last week that the firm has already received “a number of inquiries for participation” in FTI.

“We are still evaluating these options,” he said.

ALI has partners for its projects involving large amounts of land, which helps mitigate its exposure and risk.

Taken from:



Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s