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Ayala Land unit secures P2.4-billion loan for data center

Summary by Manila Bulletin
By JAMES A. LOYOLAA-FLOW Properties I Corp. (A-FLOW), a joint venture between AyalaLand Logistics Holdings Corp. (ALLHC) and FLOW Digital Infrastructure, has secured a P2.4-billion loan from the Land Bank of the Philippines (Landbank).A-FLOW said it had signed the loan agreement representing Tranche 1 of a P10.8 billion 10-year loan intended to develop the initial phase of the first A-FLOW data center campus in Biñan, Laguna.  In the photo from …

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