Property Roundup: Vista Land Nears Mall Sale Deal, Industrial Estates Eye Luzon Corridor Boost

Today's roundup covers a major corporate divestment in the retail property space and a fresh angle on how industrial estates could unlock investment tied to a government-backed infrastructure initiative.

Vista Land eyes year-end deal for Mandaluyong, Mindanao mall sales

Vista Land & Lifescapes is edging closer to offloading two malls it considers non-core assets, one in Mandaluyong and another in Southern Philippines, with management signaling a possible deal by year-end 2026. Credit research firm CreditSights estimates the combined sale could fetch as much as P15 billion, split roughly P10 billion for the Mandaluyong property and P5 billion for the Mindanao asset. The company also delayed release of its audited 2025 financials to end-September, and the mall sales are being framed as part of its broader liquidity strategy ahead of a $420-million bond coming due in July 2027. According to BusinessWorld, talks on the transaction are said to be progressing.

Existing industrial estates can accelerate Luzon Economic Corridor investment

Aboitiz Economic Estates suggests that already-developed industrial parks along the Luzon Economic Corridor could fast-track new investment by offering businesses facilities that are operational now, rather than requiring years of build-out. The point followed a visit from a US Trade and Development Agency delegation to LIMA Estate in Batangas, underscoring interest in the corridor's infrastructure push. The visit highlights how ready-made industrial zones may help translate improved regional connectivity into actual foreign capital commitments. According to BusinessMirror, such estates are well-placed to capture this emerging investment wave.