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...
Ayala Land Inc. has recycled 28 metric tons of plastic waste, the equivalent of 2.8 million plastic water bottles filling up 73 basketball courts,into useful eco-products last year as part of its “circular waste management” initiative. In a statement, ALI said the plastic waste,...
The Ayala group of companies has turned over to Marinduque the province’s first and only molecular lab which is expected to drastically cut down the waiting period for COVID-19 testing. It usually to take 7 to 14 days to wait for COVID-19 test results since these have to be done through...
AREIT Inc. (AREIT), Ayala Land’s pioneering Real Estate Investment Trust (REIT) in the Philippines, posted a 60 percent jump in net income to P403 million for the first quarter of 2021 compared to the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said growth...
Real estate giant Ayala Land Inc. (ALI) reported a 36 percent drop in net income to P2.8 billion in the first quarter of the year as it continued to weather the impact of the ongoing COVID-19 pandemic on its operations. In a disclosure to the Philippine Stock Exchange, the firm said it registered a...
AREIT Inc., Ayala Land’s pioneering Real Estate Investment Trust (REIT) is primed for growth and expansion after its shareholders approved an increase in its capital and the infusion of new assets. During AREIT’s first Annual Stockholders’ Meeting, stockholders approved the increase in the...