THE VILLAR GROUP is bullish about its retail business, riding on the aggressive expansion of Vista Land & Lifescapes, Inc. and rising disposable income that has fueled demand for upscale concepts.
All Value Holdings Corp. Chairman Manuel B. Villar Jr. told reporters last Friday Vista Land plans to put up commercial centers filled with All Value retail concepts in all 200 cities and municipalities where the real estate developer will build projects over time, serving the needs of its residential communities and setting a benchmark for other tenants.
“Because our homebuyers have many needs, they need commercial centers, hotels, coffee shops and supermarkets so it’s a matter of fill-in-the-blanks at this time. We will fill-up these needs as we expand our retail portfolio,” Mr. Villar said.