PhilRealty acquires Tektite office, parking slots
Philippine Realty and Holdings Corp. has acquired office units and parking slots at the Philippine Stock Exchange Center in Ortigas, Pasig City for P257.18 million.
The local bourse sold its four units and 21 parking slots with a total area of 4,754 square meters.
PHilRealty, which developed the Tektite building, also signed an agreement to lease the office units to the PSE.
The sale was in line with the PSE’s effort to unify all its trading floors and brokers’ offices in Bonifacio Global City in Taguig.
The PSE currently has its headquarters at Tower One Building along Ayala Ave. in Makati City, which also serves as the country’s main trading floor.
In 2015, the PSE signed a deal with the Fort Bonifacio Development Corp. to acquire office units in the building for P805.37 million.