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Landers signs lease with DM Wenceslao for Aseana City branch

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ABS-CBN News

<p>MANILA - DM Wenceslao and Associates Inc and Landers on Tuesday signed a lease for a membership shopping chain outlet in Aseana City, the property developer said.</p><p>The contract of lease with Landers is for a 15,064 square meter parcel of land in Aseana City with a lease term of 25 years, DW Wenceslao said in a disclosure to the stock exchange.</p><p>“We are excited to host Landers in Aseana City; not only will this land lease be recurring income- accretive to DMW but will also advance our efforts to further increasing the diversity of major brands and essential locators in Aseana City,” DM Wenceslao CEO Delfin Angelo Wenceslao said. </p><p>“Landers has amassed significant following over the years; we look forward to the additional draw and the critical mass that Landers will bring to Aseana,” he added. </p><p>Landers Superstores has several branches in Metro Manila and Cebu.</p><p>Aseana City is a business development of DM Wenceslao along the Manila Bay.</p><ul class="op-related-articles">	<li><a href="https://news.abs-cbn.com/business/11/17/20/dm-wenceslao-posts-10-pct-jump-in-net-income-from-jan-sept-on-sustained-sales">DM Wenceslao posts 10 pct jump in net income from Jan-Sept on sustained sales</a></li>	<li><a href="https://news.abs-cbn.com/business/10/14/20/dm-wenceslao-acquires-building-in-makati-for-planned-residential-condo-devt">DM Wenceslao acquires building in Makati for planned residential condo dev&#x27;t</a></li></ul><div><strong>RELATED VIDEO:</strong></div><figure class="op-interactive"><iframe allow="autoplay; fullscreen" frameBorder="0" height="100%" id="ivsplayer01" scrolling="no" src="https://player.ivideosmart.com/ivsplayer/v4/dist/html/iframe-src.html?iframeid=ivsplayer01&amp;key=e8c22c015ca9eafa76f1e3edfa03c603&amp;spid=3001339&amp;vid=1776476" width="100%"></iframe></figure><div class="iwantbar">Watch more in <a href="//www.iwantv.com.ph/">iWantv</a> or <a href="//tfc.tv/">TFC.tv</a></div>

DM Wenceslao and Associates Inc and Landers on Tuesday signed a lease for a membership shopping chain outlet in Aseana City, the property developer said.