Rockwell Land moves to take control of Alabang Town Center after Ayala exit
Rockwell Land Corporation is set to take majority control of Alabang Town Center (ATC), a landmark shopping complex in Muntinlupa City, following Ayala Land’s exit from the joint venture that has operated the mall for decades.
In a disclosure to the Philippine Stock Exchange, the Lopez-led developer said it has signed agreements to acquire shares in Alabang Commercial Corporation (ACC) from Francisco Madrigal Bayot Jr. of the Madrigal family. ACC owns and operates Alabang Town Center.
The transaction comes shortly after Ayala Land announced the sale of its 50 percent stake in ACC to the Madrigal group for ₱13.5 billion, effectively ending Ayala’s involvement in the property.
#Rockwell #AlabangTownCenter #RealEstatePH
https://news.realgram.net/2025/3058/rockwell-land-moves-to-take-control-of-alabang-town-center-after-ayala-exit
Rockwell Land Corporation is set to take majority control of Alabang Town Center (ATC), a landmark shopping complex in Muntinlupa City, following Ayala Land’s exit from the joint venture that has operated the mall for decades.
In a disclosure to the Philippine Stock Exchange, the Lopez-led developer said it has signed agreements to acquire shares in Alabang Commercial Corporation (ACC) from Francisco Madrigal Bayot Jr. of the Madrigal family. ACC owns and operates Alabang Town Center.
The transaction comes shortly after Ayala Land announced the sale of its 50 percent stake in ACC to the Madrigal group for ₱13.5 billion, effectively ending Ayala’s involvement in the property.
#Rockwell #AlabangTownCenter #RealEstatePH
https://news.realgram.net/2025/3058/rockwell-land-moves-to-take-control-of-alabang-town-center-after-ayala-exit
Rockwell Land moves to take control of Alabang Town Center after Ayala exit
Rockwell Land Corporation is set to take majority control of Alabang Town Center (ATC), a landmark shopping complex in Muntinlupa City, following Ayala Land’s exit from the joint venture that has operated the mall for decades.
In a disclosure to the Philippine Stock Exchange, the Lopez-led developer said it has signed agreements to acquire shares in Alabang Commercial Corporation (ACC) from Francisco Madrigal Bayot Jr. of the Madrigal family. ACC owns and operates Alabang Town Center.
The transaction comes shortly after Ayala Land announced the sale of its 50 percent stake in ACC to the Madrigal group for ₱13.5 billion, effectively ending Ayala’s involvement in the property.
#Rockwell #AlabangTownCenter #RealEstatePH
https://news.realgram.net/2025/3058/rockwell-land-moves-to-take-control-of-alabang-town-center-after-ayala-exit
