Vista Land, Vistamalls' leasable spaces are now 95% operational

Vistamalls, Inc. and the commercial division of Vista Land & Lifescapes, Inc. (the Group) reported that their combined 101 commercial assets are all open with 95 percent of leased spaces operational as government-imposed restrictions started to ease.

- JAMES A. LOYOLA

The Group’s leasing assets are comprised of 31 malls, 63 commercial centers, and 7 BPO office spaces with a total of 1.5 million square meters of gross floor area (GFA).

“Our commercial spaces were designed to operate alongside e-commerce from the beginning by having anchor tenants that are considered essential such as home improvement stores, supermarkets, and food establishments,” Vista Land and Vistamalls Chairman Manuel B. Villar Jr. said.

The strategy unexpectedly made the Group’s commercial assets pandemic proof as well.