Ayala Land, Yulos launch joint project

By Elizabeth Sanchez-Lacson
Inquirer

MANILA, Philippines–Property giant Ayala Land Inc. (ALI) on Wednesday unveiled its massive mixed-use development in Canlubang, Laguna, said to be eight times larger than the Makati central business district.

Called Nuvali (pronounced as New Valley), the first phase of the 1,600-hectare project will cost P3.5 billion, Miriam Katigbak, head of ALI’s strategic landbank management, said after a press launch at the Ayala Museum.

Nuvali is so far ALI’s largest master-planned regional hub in the country.

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