AREIT, Inc. (AREIT), the first Philippine real estate investment trust, reported a 59 percent jump in net income to P796 million in the first quarter of 2022, excluding fair value change in investment properties. In a disclosure to the Philippine Stock Exchange, the firm said profit growth was...
Real estate giant Ayala Land Inc. is now ready to open new malls and pursue the construction of new ones as it becomes more optimistic that consumers are going out again as the economy reopens. ALI Chairman Fernando Zobel de Ayala during the firm’s annual stockholders’ meeting noted that...
Ayala Land Inc. has raised P3.47 billion from the sale of shares of AREIT Inc., its real estate investment trust, which it received from a property-for-share swap. In a disclosure to the Philippine Stock Exchange, ALI said it sold 87.37 million AREIT shares at a transaction price of P39.70 per...
Real estate giant Ayala Land Inc. is planning to raise up to P12 billion from the issuance of bonds to fund its capital expenditures this year as well as for the refinancing of obligations. Philippine Rating Services Corporation (PhilRatings) said it has assigned its highest Issue Credit Rating of...
Ayala Land, Inc. (ALI) registered a 40 percent jump in net income to P12.2 billion in 2021 as total revenues improved 10 percent to P106.1 billion on account of resilient operations amidst the ongoing pandemic. In a disclosure to the Philippine Stock Exchange, ALI said that, supported by relaxed...
JAZA inducted as Honory Fellow by ICD By JAMES A. LOYOLA The Institute of Corporate Directors has inducted Ayala Corporation Chairman Jaime Augusto Zobel de Ayala as Honorary Fellow for his "lifelong commitment to promoting the highest standards of governance among Philippine corporations." "JAZA...
Ayala Corporation and the Zobels’ holding firm Mermac Inc. are infusing P17.39 billion worth of real estate into Ayala Land Inc. through a property-for-equity swap. In a disclosure to the Philippine Stock Exchange, ALI said its Board of Directors has approved the property-for-share swap with AC...
(Top left - right) Quark Henares, Jose Mari Chan; (below) Chrissy Roa Ayala Land and Make It Makati continue to bring joy and magic to the Christmas celebration. Festival of Lights: Virtual Edition 2021 is launching once again through a two-part show in partnership with Globe Studios, led by...
ALI profits rise despite ECQ James A. Loyola Ayala Land Inc. (ALI) posted a 35 percent rise in consolidated net income to P8.6 billion in the first nine months of 2021 as business operations continued to improve despite the reimposition of stricter quarantine restrictions from August to September....
Real estate giant Ayala Land, Inc. (ALI) has successfully listed its new P3 billion 4.0776 percent p.a. fixed rate bonds in a virtual ceremony at the Philippine Dealing and Exchange Corporation (PDEX). The 10-year bond listing due 2031 is part of ALI’s newly approved third shelf registration...
Ayala Land, Inc. (ALI), through its Alagang AyalaLand (AAL) program, has sustained its plan to help communities recover from the pandemic through livelihood opportunities in its developments. In a statement, the firm said over 400 social enterprises (SEs) are now hosted and nurtured in its...
AREIT Inc., pioneering real estate investment trust sponsored by Ayala Land Inc., is planning to raise P3 billion from the issuance of fixed-rate bonds as the initial tranche of its proposed Debt Securities Program of up to P15.0 billion. The firm intends to use the net proceeds from the bond...
