ACQUISITION The A.T. Yuchengco Center (YGC). YGC affiliate House of Investments will purchase the building as part of its consolidation strategy. CONTRIBUTED PHOTO
THE board of directors of investment holding and management company House of Investments Inc. (HI) has recently approved the purchase of the A.T. Yuchengco Center from its affiliate bank Rizal Commercial Banking Corp. for P6.07 billion as part of its long-term plans to consolidate the property interests of the Yuchengco conglomerate.