JV for Ayala, LT Group

Ayala Land Joint Venture

Ayala Land and LT Group have revealed that will jointly develop an integrated mixed-use project that spans portions of Pasig and Quezon City.

The project will offer a range of property investment and lifestyle options, according to a statement issued by the company, as well as new opportunities for economic growth.

Leading the recent contract signing were (centre) Fernando Zobel de Ayala, Chairman of Ayala Land (ALI) and Lucio Tan, Chairman of LT Group (LTG). They were joined by (seated, left to right) Meean Dy, ALI SVP and Strategic Landbank Management Group Head; Bernard Vincent Dy, ALI President and CEO; Lucio K. Tan, Jr., LTG Director; and Michael G. Tan, LTG President and COO.

Also present were (standing left to right) Stephen Comia, ALI Project Development Manager; Cathy Bengzon, ALI head of Corporate Marketing; Art Corpuz, ALI SVP and Group Head of Urban and Regional Planning Division; Joseph T. Chua, LTG Director; Jose Gabriel D. Olives, LTG CFO; and Josefino C. Lucas, Eton Properties Deputy COO.