ABS-CBN to Divest Part of Its Quezon City Property to Ayala Land
On February 27, 2025, ABS-CBN Corporation announced a significant real estate transaction with Ayala Land Inc. (ALI), marking a pivotal moment in the company’s strategic realignment efforts. The Memorandum of Agreement details the sale of 30,000 square meters of ABS-CBN’s property in Quezon City to ALI for ₱6.2 billion. This property, encompassing a total area … Read more