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Philippines’ Ayala Land to operate mall at USD1.2b Solaire casino venture in Manila

Philippine property developer Ayala Land Inc said it has partnered with Bloomberry Resorts Corp to operate a mall at Bloomberry’s USD1.2 billion Solaire complex, Manila’s newest gaming hub, to be opened later this year.

Ayala Land, a unit of Philippine conglomerate Ayala Corp and one of the country’s top property firms, said in a statement on Tuesday it has signed a deal with Bloomberry unit Sureste Properties Inc.

"The retail component will have premium brands to complete the offering of Solaire Resort & Casino," Ayala Land said, without disclosing financial terms of the deal.

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