August 05, 2013

PLDT in talks to buy Alphaland Tower

Philippine Long Distance Telephone Co. (PLDT) is in talks to acquire the newest prime office property at the Makati central business district—the 34-storey Alphaland Tower put up by the property development arm of businessman Roberto V. Ongpin.

Alphaland Tower is the newest among the six Grade-A towers at the heart of the Makati CBD and was built at an estimated cost of at least P3  B. The newly completed building has 48,000 square meters of office space. - WealthSec