FAR EASTERN UNIVERSITY is putting up a new campus in Makati City and has forged a deal to lease the old Zuellig Pharma building on Buendia Avenue corner Malugay Street from an Ayala-owned unit.

In a disclosure to the Philippine Stock Exchange, FEU said its board of directors had approved in a special meeting the opening of a branch within the country’s premier financial district.

FEU had entered into a lease agreement with Crans Montana Property Holdings Corp. for the Makati property.

FEU vice chair Aurelio Montinola III yesterday said the new campus at the site of the former Zuellig Pharma building might open next year.

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