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New Business District Planned For Manila

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Posted: 07 Sep 2012 | 6:00 am

First came Makati, than Fort Bonafacio which remains a work in progress.

Now the Philippines highest profile developer Ayala Land have announced plans for a third business district.

The acquisition by the group for the former Food Terminal Industry Estate which is located south of the metropolis was recently won on a bid basis for nearly USD580 million.

Ayala has made public plans for upscale commercial, residential, hotels and retail in the master planned development.

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