THE government has netted more than P142 million since it took over the management of the 2.2-hectare Mile Long property in Makati City, the Department of Finance (DoF) reported on Wednesday.

In a statement, the Finance department quoted Gerard Chan, chief privatization officer of its Privatization Management Office, as saying that the government has earned a gross income of P185 million in rental fees since taking over the property’s management from Sunvar Realty Development Corp. in August 2017.