They’re planning to spend about PHP11.9 billion so The Podium can “go big.”
“Banco de Oro Unibank Inc. (BDO) and Keppel Philippines Properties Inc., through its joint venture SM Keppel Land Inc. (SMKL), will be expanding The Podium complex in the Ortigas central business district,” reports ABS-CBNnews.com.
The report noted: “In a disclosure to the stock exchange on Tuesday, Keppel said the Phase 2 expansion will add over 34,000 square meters of retail space to the five-story mall. By 2016, the total leasable space in The Podium will be over 50,000 square meters.”
Plus, they also plan to build an office tower offering leasable area of over 89,000 square meters. Its target completion time is in 2019.
Photo: Exec8 (WikiCommons)
