Real estate giant Ayala Land, Inc. (ALI) is increasing its capital expenditures by 17.4 percent to P85 billion this year, from the P72.4 billion actually spent in 2022, to take advantage of growth prospects in 2023. In a media and analsyts’ briefing, ALI President and CEO Bernard Vincent O. Dy...
The Securities and Exchange Commission (SEC) has approved the P11.26 billion assets-for-equity swap between AREIT Inc. (AREIT), the Philippines’ pioneer real estate investment trust, and its sponsor Ayala Land, Inc. (ALI). In a disclosure to the Philippine Stock Exchange, AREIT said ALI will...
Ayala Corporation received the highest rating, among Philippine conglomerates, from UK-based Carbon Disclosure Project (CDP)—the world’s largest, most comprehensive dataset on environmental action. In a statement, Ayala said it received a B rating this year, higher than the Asia regional...
Real estate giant Ayala Land Inc. (ALI) is investing an initial P5.2 billion for the development of Crossroads in Plaridel, Bulacan—its 49th estate in the country and its second project in the province of Bulacan. “With the vision of enhancing land and enriching lives for more Filipinos, Ayala...
Real estate giant Ayala Land Inc. is planning to raise P45 billion from in debt capital to partially finance general corporate requirements and refinance maturing debt. In a disclosure to the Philippine Stock Exchange, the firm said the amount will be raised through the issuance of retail bonds or...
Ayala Land Inc. (ALI) and the Araneta Group’s joint venture Altaraza Development Corporation (ADC) is investing P20 billion to develop 600 hectares of prime land to form part of the existing Altaraza estate in San Jose del Monte, Bulacan. In a statement, ALI said this expansion will provide a...
Lipa City--Real estate giant Ayala Land Inc. is investing P9.8 billion over the next 15 years to develop its latest estate—the 92-hectare Areza in Lipa City Batangas. Areza is ALI’s first master planned, mixed-use estate in Batangas and is envisioned to be the new downtown of Lipa City. This is...
Ayala Land Inc. (ALI) is set to complete the P25 billion development of the 2.8-hectare One Ayala complex, located at the corner of EDSA and Ayala Avenue, which will add a gross floor area of 280,000 square meters to its portfolio. In an interview during the inauguration of the One Ayala Terminal,...
The first of the three bays of the Ayala EDSA Busway Station, which Ayala Land Inc. (ALI) built inside its One Ayala building, officially started operating today, Saturday, November 19. By April 2023, all bays of the station will be operating. "The EDSA Ayala Busway Station will benefit mall...
Investor sentiment in the local stock market is more upbeat and analysts expect share prices to continue climbing this week following positive economic data released last week and as more companies announced third quarter results. “So far, we’re seeing the bullish case for the local market...
AREIT, Inc., the real estate investment trust of Ayala Land Inc., posted a 65 percent jump in net income (excluding fair value change in investment properties and the one-time gain on finance lease) to P2.4 billion in the first nine months of the year. In a disclosure to the Philippine Stock...
Ayala Land, Inc. (ALI) reported a 55 percent growth in net income to P13.3 billion in the first nine months of the year as consolidated revenues increased 19 percent to P86.3 billion. In a disclosure to the Philippine Stock Exchange, the firm said growth came as business and consumer activity...
