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BCDA seen awarding Boni project to George Yang firm.
(From Philippine Daily Inquirer)
Byline: Doris C. Dumlao
THE BASES Conversion Development Authority will recommend to its board today the acceptance of Alliance Global Group Inc. as the winning bidder for its 25-hectare property in Fort Bonifacio.
BCDA chair Rufo Colayco yesterday told the Inquirer the bids submitted were competitive but AGI submitted the best offer.
"It's really up to the board. I don't want to preempt them but it looks like it will be an outright decision," he said.
AGI expects to generate P1.8 billion in annual revenue for 15 years from a proposed joint venture with the state-owned BCDA on a 25-hectare property in the former Fort Bonifacio military camp.
In a disclosure to the Philippine Stock Exchange yesterday, AGI also confirmed that it had submitted the "highest bid" for the property. It said it had offered a P2.74-billion package consisting of an upfront cash payment of P942.24 million and a guaranteed annual revenue stream of P1.8 billion a year over a 15-year period.
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...RELEASE PR32218 Aconex Selected by Fort Bonifacio's Leading Developer MANILA, Oct...phase of the Expanded Big Delta area in Fort Bonifacio Global City. Aconex provides a central...the premier office developer in the Fort Bonifacio Global City with a 100% leased portfolio...
- Bidding War: Real estate investors buy Fort Bonifacio for P39 Billion
- Newspaper article from: Filipino Express, The Sam Cacas January 22, 1995 700+ words
...Bidding War: Real estate investors buy Fort Bonifacio for P39 Billion. Pesos In what is...development rights to the 117 hectare Fort Bonifacio for 39 billion pesos (approx. US...business hub that will be developed at the Fort Bonifacio complex under a joint venture between...
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...said it has shut down the operations of a coffee shop in Fort Bonifacio, Taguig City for failing to pay correct taxes. In a statement...shop located in Quadrant & BGC Retail Promenade, Fort Bonifacio, Taguig City, for violating the Tax Code of 1997. Among...
- 20,000 to participate in prayer rally at Fort Bonifacio Tuesday.
- News wire article from: Philippines News Agency September 7, 2009 700+ words
...Mary at the Philippine Army Headquarters Parade Ground at Fort Bonifacio Tuesday, Sept. 8. With the theme, "Maka-Diyos na...acquaintance gathering at the Army Officers Club House at Fort Bonifacio on Aug 30. Burgos said many activities in celebration of...
- Fort Bonifacio gas provider offers services to other cities.(Business)
- Newspaper article from: Manila Bulletin Cahiles-Magkilat, Bernie April 6, 2001 700+ words
...projected BGC general manager Eric Piedad. At present, BGC's operation is limited within the Global City supporting Fort Bonifacio Development Corp's. goal to create a globally competitive metropolis. So far, BGC is serving the piped-in gas requirement...
- Vigil in Fort Bonifacio in honor of fallen Marines.
- News wire article from: Philippines News Agency August 19, 2009 700+ words
...in Basilan province last Wednesday. The vigil was held Monday and Tuesday at the Philippine Marine Corps Headquarters in Fort Bonifacio, Taguig City and attended by top-ranking officials of the Armed Forces of the Philippines (AFP). Army spokesman Lt...
- Young Army officer with Magdalo link sent to Fort Bonifacio for debriefing...
- Newspaper article from: Manila Bulletin March 12, 2006 700+ words
...KIDAPAWAN CITY a" A young officer who was formerly detailed at the Armyas 6th Infantry Division in Maguindanao was sent to Fort Bonifacio, the Army headquarters in Makati City, for a debriefing after his superiors found out he had been recruited to join the...
- British Embassy to build new building at Megaworld's Fort Bonifacio...
- Newspaper article from: Manila Bulletin June 7, 2006 700+ words
...Corporation to purchase a 1.2-hectare property for a new embassy building in Megaworld's McKinley Hill township project in Fort Bonifacio, Taguig City. The British Embassy, which is currently based in Makati, is among the first institutions to move their...