AREIT Inc., the real estate investment trust of property giant Ayala Land Inc., has completed the acquisition of Seda Lio in El Nido, Palawan, from ALI's subsidiary Econorth Resort Ventures Inc. for P1.19 billion. In a disclosure, AREIT said Seda Lio is a 153-room resort hotel that caters primarily...
Real estate giant Ayala Land Inc. is aiming to double its business in five years from its 2022 level as it aims to aggressively expand this year based on its positive outlook for 2024. In an interview, ALI President and CEO Anna Ma. Margarita Bautista-Dy said they are maintaining their positive...
Real estate giant Ayala Land Inc. (ALI) is investing an initial P1.9 billion for the five-year development of its newest leisure estate, Arillo, in Batulao, Nasugbu, Batangas. In a statement, the firm said Arillo is being developed on a property spanning over 62 hectares and offers a unique...
AREIT Inc. (AREIT), the real estate investment trust of Ayala Land Inc. (ALI), is expanding to the hospitality business as part of its largest acquisition next year of P29.77 billion worth of prime commercial properties. In a disclosure to the Philippine Stock Exchange (PSE), AREIT is purchasing...
Diversified conglomerate San Miguel Corporation (SMC) and property giant Ayala Land Inc. (ALI) have signed an Integration Agreement to connect ALI’s Arca South on and off ramps into the Skyway system. In a statement, SMC said the connection will be made via the upcoming South East Metro Manila...
AREIT Inc., the real estate investment trust of Ayala Land Inc., is acquiring P6.77 billion worth of industrial assets from another member of the Ayala Group, ACEN Corporation, to bolster its portfolio further. In a disclosure to the Philippine Stock Exchange (PSE), AREIT said it is acquiring 276...
AREIT Inc., the real estate investment trust sponsored by property giant Ayala Land Inc., registered a 42 percent jump in net income, excluding the net fair value change in investment properties, to P3.43 billion in the first nine months of 2023. In a disclosure to the Philippine Stock Exchange...
Property giant Ayala Land Inc. (ALI) posted a 38 percent hike in total net income to P18.4 billion in the first nine months of the year as consolidated revenues improved 15 percent to P98.9 billion year-on-year. In a disclosure to the Philippine Stock Exchange (PSE), the firm said it maintained a...
Mariana Beatriz Zobel de Ayala, daughter of Ayala Corporation Chairman Jaime Augusto Zobel de Ayala, has been appointed senior vice president of property giant Ayala Land Inc. (ALI) effective Oct. 1, 2023. This was disclosed by ALI to the Philippine Stock Exchange (PSE) among other recent...
Ayala Land Inc. (ALI) and the International Finance Corporation (IFC) have signed a Memorandum of Understanding (MOU) for a partnership that would help accelerate the transition of the Philippine property sector toward net zero. Under this historic agreement, ALI and its real estate investment...
Zobel-controlled real estate giant Ayala Land Inc. (ALI) announced the appointment of veteran executive Anna Ma. Margarita “Meean” B. Dy as the company's first female President and Chief Executive Officer (CEO). Ayala Land's new President and CEO Anna Ma. Margarita "Meean" B. Dy Meean Dy...
AREIT Inc. (AREIT), the Ayala Group’s real estate investment trust, reported a 27 percent growth in recurring net income to P2.04 billion in the first half of the year, excluding the net fair value change in investment properties. In a disclosure to the Philippine Stock Exchange, the firm said it...
