By Jinggoy I. Salvador The day’s end was the best time to witness what Davao’s Seda Abreeza Hotel had to unveil. Gathered at one of the newly refurbished function halls, a select few members from the Davao media were welcomed by the three personalities geared up to present the transformation...
In today 's market, defined by uncertainty, clarity becomes currency. For property giant Ayala Land Inc. (ALI), that clarity is less about predicting the future and more about providing what can be delivered today. In a recent media update, Ayala Land President and CEO Anna Ma. Margarita...
Property giant Ayala Land Inc. slashed its capital expenditure budget for the year as geopolitical volatility in the Middle East forces the recalibration of its growth strategy. In an analysts’ briefing for its first quarter performance, ALI President and CEO Anna Ma. Margarita Bautista-Dy said...
Real estate giant Ayala Land Inc. reported a 22 percent decline in first-quarter net income as slump in residential sales offset the steady expansion of its malls and hotels. In a disclosure to the Philippine Stock Exchange on Thursday, April 30, the firm said its net income fell to ₱5.4 billion...
Ayala Land Inc. (ALI), the country’s largest property developer, pushed back against market speculation regarding its liquidity, asserting that its balance sheet remains robust with sufficient capital to refinance upcoming obligations and fund its pivot toward recurring income. ALI pointed out...
F or decades, the Philippine real estate market was defined by “single-purpose density”—isolated residential blocks or standalone office towers that required a commute for every basic need. As the market matures into a more sophisticated era, buyers are no longer just purchasing a physical...
Real estate giant Ayala Land Inc. (ALI) is choosing to hunker down and easing its aggression in the face of additional challenges posed by the conflict in Iran, even as it has yet to recover from the adverse impact of a middle-income condominium oversupply after the loss of the Philippine offshore...
Amid global volatility and local controversies, the Philippine real estate sector continues to show resilience, reinvention, and untapped potential. According to global real estate services firm Santos Knight Frank (SKF), as the real estate sector enters its next phase of growth—the long-term...
Ayala Land Inc., the country’s largest property developer, has suspended sales for its latest ultra-luxury project in the Makati central business district, citing heightened execution risks linked to the escalating conflict in the Middle East. “In light of the evolving global conditions,...
Real estate giant Ayala Land Inc. (ALI) is beefing up its share buyback program with a fresh ₱10-billion budget after nearly depleting the ₱26 billion it allotted in 2020 for buying its own shares. In a disclosure to the Philippine Stock Exchange (PSE) on Tuesday, March 31, ALI said its...
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...