AYALA Land Inc. (ALI), is set to open seven new malls this year with a total project cost of P16 billion in a bid to reach its 2020 target of 3 million square meters of leasable space.
Rowena Tomeldan, head of the Ayala Malls group, said in an email that the seven malls scheduled to open this year will add a total of 225,000 square meters of gross leasable area (GLA) to the company’s mall portfolio.
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