MANILA, Feb. 4 (PNA) — Lucio Co’s listed retail conglomerate Cosco Capital Inc. has acquired five commercial properties located in central and northern Luzon.
In a disclosure to the Philippine Stock Exchange, Cosco Capital said the land with buildings and improvements are situated in Zulueta St. and San Juan Accfa in Cabanatuan City; San Jose City, Nueva Ecija; Baler, Aurora; and Santiago City, Isabela.
The conglomerate said the commercial properties were bought from Nueva Ecija retailer NE Incorporated.
“(The transaction aims) to grow the revenue and income bases for Cosco Capital, Inc. and to increase its rental selling space,” it said. (PNA)