Real estate giant Ayala Land Inc. (ALI) has confirmed the forging of a joint venture of its unit with the largest trading company in Japan, for the development of the Ortigas Center into a mixed-used lifestyle community.
A unit of ALI, Alveo Land Corp., has entered into a joint venture agreement with Mitsubishi Corp. to develop the more than 3.6 hectares of prime property land in Ortigas Center in Mandaluyong City.
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