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(From BusinessWorld (Philippines))
Byline: Roulee Jane F. Calayag
Ortigas & Company Limited Partnership yesterday signed a deal with Christ's Commission Fellowship for the sale of its 10,000-square meter lot in Ortigas Center for over P1 billion.
Rex Drilon II, Ortigas & Company's chief operating officer, said the bidding for the lot, situated across the Asian Development Bank, had lasted for almost a year.
"I am signing today [yesterday] the deal for the lot with [Pastor] Peter Tanchi of Christ's Commission Fellowship," he said.
He added that the religious group, popularly known as CCF, would build a worship and educational …