LAWIN.news
  • Home
  • About Lawin
  • Community Events
  • Livestream
  • Faces & Voices
  • Podcasts
    • Legal Treats
    • Teacher Talk
    • Pink Table Talk
    • Be Bold. Why Not.
    • Commissary Kitchen
    • Beyond Health & Wellness
CONTACT US
  • Texas
  • Austin
  • Dallas Fort Worth
  • Houston
  • San Antonio
  • Rio Grande
  • United States
  • Around the Globe
  • Entertainment
  • Sports
  • Opinion
  • Politics
08/30/2025

Stay Informed and Engaged with LAWIN.news—Your Updated Daily News Source for Filipino-Americans in Texas

ADVERTISE WITH LAWIN
08/30/2025
LAWIN.news

ABS-CBN sells major stake in HQ to Ayala Land

by LAWIN.news February 27, 2025
written by LAWIN.news February 27, 2025
Photo credit: The Summit Express
104

MANILA, Philippines —ABS-CBN Corp. has finalized an agreement to sell approximately 70% of its headquarters in Diliman, Quezon City, to Ayala Land Inc. (ALI) for PHP 6.24 billion.

The transaction, confirmed by the Lopez-owned company, involves a portion of ABS-CBN’s prime property, which has long been central to its broadcasting operations.

The sale reflects a shift in ABS-CBN’s asset management strategy, focusing on financial optimization and debt reduction.

Ayala Land Inc., one of the Philippines’ leading real estate developers, will acquire the majority of the land, furthering its urban expansion efforts. ABS-CBN plans to use the proceeds from the sale to settle debts, providing relief from financial pressures.

The company will retain a portion of the property and continue operations on a reduced scale, although specific plans for the remaining space have not been disclosed.

This decision follows financial challenges faced by ABS-CBN, particularly after the loss of its broadcasting franchise in 2020.

Share 0 FacebookTwitterPinterestThreadsBlueskyEmail
LAWIN.news

LAWIN.news is your trusted source for timely, relevant, and comprehensive news coverage. With a commitment to delivering the latest updates on local, national, and global events, LAWIN.news provides in-depth analysis, breaking news, and exclusive stories that matter to you. Our dedicated team ensures that each report is thoroughly researched and presented with clarity and integrity. Stay informed and engaged with LAWIN.news—where every story counts. Disclaimer: The views and beliefs expressed by the author do not necessarily represent those of LAWIN.news, its management, editorial board, or staff.

previous post
Austin ranch owners secure agreement with city to block development
next post
Pope Francis shows continued health progress, says Vatican

You may also like

San Miguel Corporation and Quezon City collaborate on comprehensive flood control efforts

August 27, 2025

Jollibee Group partners with DepEd, investing in education

August 26, 2025

SEC imposes cease and desist orders on seven unregistered Online Lending companies

August 25, 2025

ExxonMobil’s Baytown Hydrogen Project Faces Uncertainty Amid Tax Credit Changes

August 22, 2025

Marathon Oil’s Former Headquarters Changes Hands Amid Industry Restructuring

August 21, 2025

One City Centre to Undergo $26.5 Million Transformation into Residential and Corporate Spaces in...

August 19, 2025

Recent Posts

  • Remembering officer Darron Burks: Honoring the legacy of a fallen Dallas hero
  • New Braunfels Unicorns victory against Madison Mavericks
  • Houston Police report that a suspected burglar has died from a wound received during the commission of a crime
  • San Antonio teacher assistant arrested for alleged sexual misconduct with minor
  • FEU and Benilde Vie for Batangas leg title in SSL showdown

Recent Comments

  1. Texas and the Philippines Economic Collaboration: APECO and PACCTX-GHR meet at PCG in Houston - Bagong APECO on Texas – Philippines Economic Collaboration: APECO and PACCTX-GHR Meet at PCG in Houston

Recent Posts

  • Remembering officer Darron Burks: Honoring the legacy of a fallen Dallas hero

    August 30, 2025
  • New Braunfels Unicorns victory against Madison Mavericks

    August 30, 2025
  • Houston Police report that a suspected burglar has died from a wound received during the commission of a crime

    August 30, 2025
  • San Antonio teacher assistant arrested for alleged sexual misconduct with minor

    August 30, 2025
  • FEU and Benilde Vie for Batangas leg title in SSL showdown

    August 30, 2025

Stay Updated!

Get the new articles and photos.

LAWIN.news

Providing high-quality news stories that matters to its readers. It’s core mission is “Stay informed and engaged with LAWIN.news—where every story counts.”

  • P.O. Box 20561 Houston, Texas 77225
  • Email Address: neska@mylawin.com
  • Support: helpdesk@mylawin.com

About Links

  • Contact
  • About Us
  • Compliance
  • Media Relations
  • Advertise With Us
  • Corporate Information
  • Apps & Products

Useful Links

  • Privacy Policy
  • Data Tracking
  • Terms of Use
  • Cookie Policy
  • Personal Information
  • Accessibility Statement
  • Login | Register Account

Newsletter

Get the new articles and photos.

Latest News

FEU and Benilde Vie for Batangas leg title in SSL showdown
GMA teams with Mentorque for Gen Z-Themed horror film
 Landscaping crew discovers human skull in Kyle; Investigation underway
Operation Damayan and FFCCCII Provide Aid to 3,500 Quezon City Families

@2025 – All Right Reserved. Made with ❤️ by myVATA.co

Facebook Twitter Instagram Linkedin Youtube
LAWIN.news
  • Home
  • About Lawin
  • Community Events
  • Livestream
  • Faces & Voices
  • Podcasts
    • Legal Treats
    • Teacher Talk
    • Pink Table Talk
    • Be Bold. Why Not.
    • Commissary Kitchen
    • Beyond Health & Wellness
LAWIN.news
  • Home
  • About Lawin
  • Community Events
  • Livestream
  • Faces & Voices
  • Podcasts
    • Legal Treats
    • Teacher Talk
    • Pink Table Talk
    • Be Bold. Why Not.
    • Commissary Kitchen
    • Beyond Health & Wellness
@2024 - All Right Reserved. Designed and Developed by myVATA.co