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...
The BGC Community farm was constructed in the middle of BGC. (Jerome Sagcal) The streets of Bonifacio Global City (BGC) are lined with skyscrapers, but take a turn from 5th Avenue into 34th Street and you will find a green patch of land unlike anything else in the business district. On this corner...
As companies anchor their vision on sustainability, it is imperative for their team to also be housed in a sustainable property or building. This is the reason behind the redevelopment of Bank of the Philippine Island’s (BPI) head office, which will become a 45-story premium and sustainable...
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...
The Festival of Lights is made bigger, grander this year in a virtual edition THE SHOW MUST GO ON In photo: Ayala Land's Festival of Lights Digital Edition part one. Cover design by Jules Vivas Christmas in the Philippines, as Jose Mari Chan would describe it in his ultimate holiday song...
We may be on Alert Level #2, but that doesn’t mean we can’t be spreading Christmas joy and cheer this year. If last year, in the midst of more stringent protocols, we saw Ayala Land forging ahead with a virtual edition of their annual Ayala Triangle / Make It Happen, Make It Makati Festival of...
(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...
