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SEIBU TOWER
Unit E 2nd Floor Bldg, 6th Ave, corner 24th St. Fort Bonifacio Global City., Philippines
Telephone No: 403 3209 | 403 8456
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Anchor Land allots P2.5 billion for land acquisition, development

MANILA, Philippines - Residential condominium developer Anchor Land Holdings Inc. has earmarked P2.5 billion this year for landbanking and development of ongoing and new high-rise residential projects.Anchor Land vice-chairman Steve Li said this year’s capital budget, which is higher than the P2 billion allotted in 2008, will be sourced from internally-generated cash and bank borrowings, if necessary.Li said capex will cover the construction of the 55-storey Anchor SkySuites located in the hea...

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