MANILA, Philippines — Ayala Land Inc. (ALI) is redeveloping Greenbelt 1, its landmark Makati mall built in 1982, into a greener, more resilient building. This is with the help of a P12.87-billion sustainability-linked loan from the International Finance Corp. (IFC). Financing from IFC, the private sector arm of the World Bank Group, will also support the development of Ayala Malls Evo City in Cavite. Together, the two large-scale commercial projects have an estimated gross leasable area of 89,000 square meters. The IFC said the investment is expected to generate over 1,000 direct jobs during construction and operations. Merchant activities in […]... Keep on reading: IFC grants loan for Ayala Land’s Greenbelt 1 revamp