PROPERTY developer Ayala Land Inc. (ALI) said Friday that it would be developing a 62-hectare estate in Batulao, Nasugbu, Batangas, with an initial investment of P1.9 billion for the project over the next five years.
Following the groundbreaking of its latest leisure estate, Arillo, last Thursday, ALI President and Chief Executive Officer Anna Ma. Margarita Dy said the firm was planning to further enhance the natural scenery of the area and "create a one-of-a-kind leisure destination."
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