AYALA LAND, Inc. (ALI) said it is opening new malls this year with about 78,000 square meters (sq.m.) of retail space as the property developer banks on surging foot traffic. “We’re opening new malls ...
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Store openings, retail rents to increase in Manila in Q4Nonetheless, new malls such as One Ayala in Makati City, Parqal in Paranaque City and Gateway Mall 2 in Quezon City continued to open stores during the quarter, keeping the retail market active.
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