The disclosure to the PSE also mentioned that SLI’s board of administrators has already accredited a total of four.18 million square meters of joint venture agreements and three.Sixty five million square meters of land acquisitions for year 2016 up to now, and that these new tasks may have a widespread element allotted for industrial development.
“We will leverage our understanding in retail, mall control and inns operations as we make bigger our commercial property portfolio to complement our residential traits,” SLI Executive Vice President and Chief Financial Officer David M. Dela Cruz stated in a statement. “We would like to peer a sales mix of 60 percent real property sales to forty percent recurring income inside the subsequent to 3 years.”
The problems of the world economy are not covered 