February 7, 2022
AyalaLand Logistics Holdings Corp. (ALLHC) acquired a ready-built facility last 4 February 2022. ALLHC will assume ownership of the existing operating facility and will fall under ALLHC’s warehouse leasing brand, ALogis.
The warehouse facility is located within Light Industry & Science Park III in Sto. Tomas, Batangas. LISP III is accessible from Manila via the South Luzon Expressway (SLEx), just 2.5km away from the facility. It is likewise in close proximity from the Southern Tagalog Arterial Road (STAR Tollway). Accredited by the Philippine Economic Zone Authority (PEZA), the facility currently serves lessee companies in the manufacturing and logistics industries.
Being ALLHC’s first industrial property in Batangas, the facility will be named ALogis Sto. Tomas, adding 64,000 square meters (sqm) of warehouse gross leasable area (GLA) to ALLHC’s portfolio. With this acquisition, ALLHC presently has 288,000 sqm of leasable industrial space across its now 6 key locations.
“We open 2022 with this opportunistic acquisition, and we are excited to serve our new customers well in ALogis Sto. Tomas. As we continue to expand our industrial real estate offerings, we strive to maintain our position as the leading operator of industrial parks and real estate logistics facilities in the Philippines,” says Mr. Patrick C. Avila, ALLHC Head of Industrial Parks and Real Estate Logistics.