Sunday 24 June 2018
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3 months ago

GSIS to sell Port Area property

The state-run pension fund Government Service Insurance System (GSIS) is selling a prime property within the Port Area in Manila for a minimum of P20 billion in what will be its biggest asset sale to date. According to the GSIS, the largest of its idle assets up for disposition was composed of two lots with land areas of 672,645 square meters and 109,212 sqm. These lots were nearby the Manila North Harbor s Pier Two as well as Negros Navigation s ferry terminal in Tondo, Manila, according to the GSI

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