Gaisano acquires 2-ha. land in Nabunturan Mercury Drugstore to establish branch in town

May 12-18, 2011

A Gaisano company has recently acquired a two-hectare land right at the poblacion in Nabunturan, a source from the Registry of Deeds Tagum City office said.

He said that the Dynasty Management and Development Corporation is at presstime processing the transfer of the land owned by the Tirols in Nabunturan.

The report has generated good business speculations that the company which owns and operates the Gaisano Grand Tagum would be constructing a mall in Nabunturan that in the recent years has been experiencing faster urbanization and high population build-up being the capital town of the Compostela Valley.

The reported site is adjacent to Alvania Subdivision, where there is a telecommunications tower and along the road going to former Mainit National Park (now the Mainit Protected Landscape).

The Registry of Deeds soruce said that the two-hectare land was purchased at P21 million.

Meanwhile, the known Mercury Drugstore would also be establishing a branch in a leased space below the Travellers Inn of the Bagaipos along the national highway.

“The Mercury Drugstore would lease a space from us and construct a new concrete building corner below the Travellers Inn,” said Aida Bagaipo in an earlier interview. (Rural Urban News/Cha Monforte)

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