Update on AIM's Move

Now that my MRR defense presentations are over , I can focus on other things like... reading the news!

Last month I posted about the Asian Institute of Management's plan of moving to a new campus. I read in the Inquirer that AIM President Francis G. Estrada had sent a letter to the Inquirer to correct some of the errors on the letter to the AIM alumni. President Estrada said to the Inquirer, "I wish to inform you that, regrettably, the ‘letter to the alumni’ contained a few errors."

An excerpt of the article:
He (Estrada) then explained that the AIM campus on Paseo de Roxas in the Makati business district was not valued at P3 billion and that Ayala did not offer AIM P3 billion for the campus. He also said that putting up a campus on Malugay Street in Makati City (the former Zuellig property) was no longer an option for AIM.
It seems that the Zuellig move had been shot down by the AIM Board of Trustees... one can only speculate that AIM's next home may be outside of Metro Manila.


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