Listed real estate firm IRC Properties Inc. is only awaiting the “draft contracts” for Amaia Land Corp to finalize its purchase of an 18-hectare land parcel out of IRC’s 2,000-hectare property in Binangonan, Rizal.
An IRC representative told The Manila Times that Amaia, a low-cost housing subsidiary of Ayala Land Inc., has settled for a deed of sale of 18 hectares, out of 50 hectares originally proposed for acquisition.
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