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Ayala Land Inc. has included Cagayan de Oro City in its new business plan dubbed the “2020 Vision” which will enable Ayala Land to register 20% average annual growth rate in net income from P11.7 billion ($260.74 million) in 2013 to P40 billion ($891 million) by 2020.

Citing confidence in the city’s growth, the company currently has four big real estate projects in the city: two high rise condominium projects (Centrio Tower and Aspira Towers); one high-end subdivision (Alegria Hills Phase 2); and one upcoming horizontal project (Bella Vita). Actually, we have gathered info that a 5th project (Amaia Scapes) is set to rise in Bulua.

Read the full report from Rappler.com HERE.

photo of Centrio Tower as of November 10, 2014

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