Stateland: Andrew Tan's Suntrust buys Stateland

SUNTRUST Properties Inc., a unit of Andrew Tan's listed property developer, on Tuesday said it has bought Stateland Inc., a 42-year-old real-estate company known for building affordable quality homes and communities in the southern part of Luzon. The company said this will allow Tan's real-estate firm to expand its raw land portfolio by another 150 hectares and [...]