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Century Properties plans mall in Makati City complex

Posted on September 30, 2012 09:29:56 PM [ BusinessWorld Online ]

REAL ESTATE developer Century Properties Group, Inc. plans to open next year Century City Mall, its first retail development that will form part of its planned mixed-use complex in Makati City.

“Century is already accepting letters of intent from potential locators. Expected opening is in the second half of 2013,” Terrie Fucanan-Yu, the company’s vice-president for corporate communications, said via text last Saturday when asked for a timetable for Century City Mall’s opening.

According to a statement by the firm last Saturday, the five-storey Century City Mall will have 50,000 square meters for lease to about 110 retailers, as well as three basement floors with 527 parking spaces.

Upon completion, Century City Mall will have a supermarket, stores, concept shops, restaurants, and four cinemas.

Century City Mall will form part of Century Properties’ P15-billion, 3.4-hectare Century City project along Kalayaan Avenue in Bel-Air, Makati City, the statement read.

Shares of Century Properties gained four centavos or 2.80% to P1.47 on Friday last week from P1.43 on Thursday. -- FJGDLF      

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