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Office & Commercial Tower
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Term: Lease, Sale of Leasehold Rights or Joint Venture
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| Lease: |
Php 300 per sqm., negotiable |
| Sale of Leasehold Rights |
Php 18,000 per sqm., negotiable |
| Joint Venture: |
Php 18,000 per sqm., negotiable |
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Respective equities of partners to determine sharing ration on sales proceeds:
DDRC - leased value
Mall Operator - building post
Management - Mall Operator |
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A joint venture corporation will be established based on above equity sharing, with both parties being equitably represented in the board of directors
Management - Joint Venture Corporation |
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Note: Since timing is the most essential in shopping mall development, the space may be utilized for other temporary revenue-generating projects while no project proposal is available |
