NAIA Terminal 3 Property Sold to MIAA for P48 Billion for Enhanced Asset Management
The Bases Conversion and Development Authority (BCDA) of the Philippines has sold a 61-hectare property housing Ninoy Aquino International Airport (NAIA) Terminal 3 to the Manila International Airport Authority (MIAA) for P48 billion. This transaction aims to strengthen MIAA's asset management and facilitate future investments in airport development.
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- MIAA Acquires NAIA Terminal 3 Property for P48 Billion, Ending Long-Term Lease
The Bases Conversion and Development Authority (BCDA) has finalized the sale of the 61-hectare property housing Ninoy Aquino International Airport (NAIA) Terminal 3 to the Manila International Airport Authority (MIAA) for P48 billion, officially ending a long-standing lease agreement.
- MIAA Secures Ownership of NAIA Terminal 3 Property in P48-B Deal
The Manila International Airport Authority (MIAA) has secured ownership of the 61-hectare property housing Ninoy Aquino International Airport (NAIA) Terminal 3 through a P48-billion deal with the Bases Conversion and Development Authority (BCDA), strengthening its management capabilities for the airport's long-term development.