The Securities and Exchange Commission has approved the P15.46 billion shares-for-asset swap between AREIT Inc. (AREIT), the pioneer real estate investment trust (REIT) in the Philippines, and its sponsor company Ayala Land Inc. In a disclosure to the Philippine Stock Exchange, AREIT said the SEC...
The Securities and Exchange Commission (SEC) has public offerings to raise about P87 billion planned by Ayala Land, Inc., Synergy Grid & Development Phils, Inc., Megawide Construction Corporation, and The Keepers Holdings, Inc. The Commission En Banc resolved to render effective the respective...
Real estate giant Ayala Land, Inc. has been recognized in separate annual surveys organized by leading business and finance publications Euromoney and Asiamoney. In a statement, ALI said it topped the residential and office developer categories of the 2021 Euromoney Real Estate Survey, an annual...
It has been said that 2021 is the year of the REIT (real estate investment trust)`after two initial public offerings with a combined market capitalization of P74.36 billion plus two more IPOs in the pipeline with a maximum combined market cap of P128.43 billion. Makati CBD skyline These four IPOs...
Frost & Sullivan recently conferred the 2021 Philippines Property Development Competitive Strategy Leadership Award to Ayala Land, Inc. (ALI) during its Best Practices Awards. In a statement, ALI said the program recognizes and honors best-in-class companies that have demonstrated excellence in...
AREIT Inc. (AREIT), the pioneering real estate investment trust (REIT) sponsored by Ayala Land Inc., marked its first anniversary since it debuted on the Philippine Stock Exchange with another cash dividend declaration. Delivering on its commitment to its shareholders, AREIT has declared dividends...
Real estate giant Ayala Land Inc. is raising up to P5.5 billion from a planned offering of fixed-rate retail bonds with a 10-year tenor. The issuance consists of the base issue of P2.75 billion in relation to the first tranche of ALI’s new 3-year Securities Program (2021 SP) of up to P50 billion,...
Real estate giant Ayala Land Inc. (ALI) posted a 34 percent jump in consolidated net income to P6 billion in the first half of the year as revenued rose 19 percent to P49 billion. In a disclosure to the Philippine Stock Exchange, the firm said it saw significant improvements in performance compared...
Since it’s maiden public offering 30 years ago, the market capitalization of real estate giant Ayala Land Inc. has ballooned to over P500 billion from P42 billion, making ALI among the largest companies in the Philippine Stock Exchange Index. The Philippine Stock Exchange, Inc. (PSE) and ALI have...
AREIT, Inc. (AREIT), the real estate investment trust of Ayala Land Inc., reported that its properties in Metro Manila, have secured Safety Seal Certifications from the Department of the Interior and Local Government (DILG) within their respective LGUs. The firm said these properties are the Ayala...
Real estate giant Ayala Land Inc. is spending close to P90 billion for its share of a new estate at the South Road Properties in Cebu City which it will be jointly developing with SM Prime Holdings Inc. ALI Senior Vice President and Ayala Land Estates Group Head Anna Ma. Margarita "Meean" B. Dy In...
Ayala Land Inc. is touting its Ayala North Exchange as a model for sustaibility practices with its LEED-compliant, resource-efficient model that helps to minimize its carbon footprint. In a statement, ALU said its dedicated civic space is also the only urban oasis at the northern corridor of Ayala...