MANILA, Philippines – Rockwell Land Corp. has acquired a majority controlling interest of 74.8 percent in Alabang Town Center, expanding the listed property developer’s commercial footprint in southern Metro Manila. READ: Ayala Land sells Alabang Town Center stake for P13.5B In a statement on Monday, Rockwell Land said the deal covers the 17.5-hectare Alabang Town Center property in Muntinlupa City, which it described as a significant addition to its retail portfolio. Rockwell Land said it executed share purchase agreements to acquire 74.8 percent of Alabang Commercial Corp., the owner of Alabang Town Center, for a total consideration of P21.6 billion. […]... Keep on reading: Rockwell Land takes controlling stake in Alabang Town Center