Ayala plans malls at train stations
The Philippines’ Ayala Land Incorporated (ALI) is to open shopping malls at LRT stations.
Its parent company Ayala Corporation and Metro Pacific Investments Corporation will develop a mass transit infrastructure project and ALI will be the retail leasing partner.
The common station is likely to be constructed near the Trinoma Mall of ALI in Quezon City.
Ayala says it is part of its strategy to invest in toll roads, rails, airports and other transportation-related projects.
ALI develops residential, retail, office, hotel, and leisure components, within growth centers across strategic areas around Philippines.
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