The Manila Times

Ayala Land opens P2.5-B mall dev’t in Pasig City

- CATHERINE TALAVERA MAYVELIN U. CARABALLO

arm of Ayala Land Inc., opened - day to cater to the Ortigas business community.

- velopment near the Ortigas business district in Pasig City this year.

The new developmen­t, which meters of retail space to the com

As of the end of the third total mall portfolio amounted

“Covering two hectares, Ayala level lifestyle mall, which houses four state- of- the- art cinemas, a Rustans supermarke­t, and the friends and families can gather for events and mall activities,” the company said.

In a press launch for the new division manager and area head Aurora Legarda said the new mall offers accessibil­ity to the community it surrounds.

“We are actually in the middle of all the residentia­l gated subdivisio­ns, residentia­l condos, even the multinatio­nal offices,” - tioned awhile ago, our competitiv­e advantage is really our accessibil­ity and convenienc­e to community that we are serving.”

“For this particular project, surrounded by all the residentia­l and families in the area and of course the cosmopolit­an office workers and the students, we picture that all of the markets will be served here,” Legarda said.

The four-level mall houses a of retail stores, restaurant­s and service- oriented stores upon its opening on Thursday.

manager Marianna Zobel de Ayala said the mall fully occupied.

“We have only a few avail much fully leased out,” Zobel de Ayala said.

Apart from offering restaurant­s and retail boutiques, Ayala Malls - ity areas, two of which are indoors and one located outdoors, and three levels of basement parking.

Moreover, the company said it sees the new retail developmen­t transformi­ng into a commercial - ping center to cater to business and other local companies. is almost - pects this year, the economist said.

activity could invite foreign inves momentum,” Dumalagan added.

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