Another next-generation Zobel has been named an executive of real estate giant Ayala Land Inc. (ALI). Jaime Zobel Urquijo, 37, son of Bea Zobel Jr., will be joining sister Paloma and cousin Mariana Zobel de Ayala in the company after being seconded to ALI by parent company Ayala Corp. Ayala...
Ayala Corp., the Philippines’ oldest conglomerate, posted record core earnings for a third consecutive year as gains in its real estate and banking units shielded the group from the slump in its energy and telecommunications businesses. In a disclosure to the Philippine Stock Exchange, the firm...
Real estate giant Ayala Land Inc. (ALI) is allotting ₱70 billion to ₱80 billion for capital expenditures (capex), with a greater focus on its leasing business for offices and malls, which is seen to propel 2026 into another banner year as the residential market remains soft. During the firm’s...
The Philippines’ largest property developer reported a 39 percent surge in profit as recovery in commercial lot sales and its expanding hotel and mall portfolio offset the cooling residential market. In a disclosure to the Philippine Stock Exchange on Friday, Feb. 20, Ayala Land Inc. (ALI)...
AREIT Inc., the real estate investment trust backed by property giant Ayala Land Inc., posted a 28 percent increase in full-year net income as a series of acquisitions bolstered its portfolio. Based on the firm’s disclosure to the Philippine Stock Exchange, AREIT’s net income, excluding fair...
AyalaLand Logistics Holdings Corp., a unit of property giant Ayala Land Inc., saw its annual profit plunge by 71.5 percent as shortage of inventory and cooling demand for industrial land weighed on its top line. In a disclosure to the Philippine Stock Exchange, the firm said that its consolidated...
Ayala Land Inc., the country’s largest property developer, expects sustained recovery across its business segments this year as it moves past a sector-wide slump triggered by the exodus of offshore gaming operators and sluggish residential demand. Anna Ma. Margarita Bautista-Dy, Ayala Land...
Avida Land, a unit of real estate giant Ayala Land Inc., expects to generate ₱6 billion from its first project along Katipunan Avenue in Quezon City as the middle-income residential market is already recovering. In a media briefing, Avida Land Chief Operating Officer Aris Gonzales said the...
With competition heating up among townships strung along the C-5 corridor from Quezon City to Pasig CIty, the Ayala-Lucio Tan Group (LTG) joint venture (JV) Parklinks estate is stepping into the fray with the opening of its own mall, envisioned to set it apart from rivals. In an interview on...
Ayala Land Offices Inc., the office development arm of property giant Ayala Land Inc., has secured a five-year lease agreement with state-run Land Bank of the Philippines for a sprawling office facility at the Ayala Malls Manila Bay Corporate Center. The transaction expands the footprint of Ayala...
Real estate giant Ayala Land Inc. started the new year with the retirement of five key officers led by former Chief Financial Officer Augusto D. Bengzon, whose replacement by Jose Eduardo A. Quimpo was announced as early as August 2025. Bengzon retired as senior vice president and member of the...
Rockwell Land Corp., the upscale property arm of the Lopez Group, is in talks with the Madrigal family to redevelop the Alabang Town Center site in Muntinlupa City following Ayala Land Inc.’s exit from the landmark shopping mall. In a brief disclosure to the Philippine Stock Exchange on...
