The Philippines’ largest property developer reported a 39 percent surge in profit as recovery in commercial lot sales and its expanding hotel and mall portfolio offset the cooling residential market. In a disclosure to the Philippine Stock Exchange on Friday, Feb. 20, Ayala Land Inc. (ALI)...
AREIT Inc., the real estate investment trust backed by property giant Ayala Land Inc., posted a 28 percent increase in full-year net income as a series of acquisitions bolstered its portfolio. Based on the firm’s disclosure to the Philippine Stock Exchange, AREIT’s net income, excluding fair...
AyalaLand Logistics Holdings Corp., a unit of property giant Ayala Land Inc., saw its annual profit plunge by 71.5 percent as shortage of inventory and cooling demand for industrial land weighed on its top line. In a disclosure to the Philippine Stock Exchange, the firm said that its consolidated...
Ayala Land Inc., the country’s largest property developer, expects sustained recovery across its business segments this year as it moves past a sector-wide slump triggered by the exodus of offshore gaming operators and sluggish residential demand. Anna Ma. Margarita Bautista-Dy, Ayala Land...
In celebration of National Arts Month, Ayala Land is bringing culture and artistic visions closer to the public with Art Walk. Now in its third year, the citywide cultural experience presents art in everyday spaces across Makati, allowing people to discover pockets of inspiration as they stroll...
According to a 2023 report by the National Library of the Philippines, there are 1,640 libraries across the country. With a population of more than 100 million, that translates to one library for every 60,975 Filipinos. This falls far short of the ideal number mandated by Republic Act 7743. And let...
ACX Holdings Corp., the retail arm of Ayala Corp., plans to open its first two Spinneys supermarkets in the fourth quarter of 2026, marking the United Arab Emirates-based chain’s first expansion outside the Gulf region. The initial branches will be located at Ayala Malls U.P. Town Center in...
Avida Land, a unit of real estate giant Ayala Land Inc., expects to generate ₱6 billion from its first project along Katipunan Avenue in Quezon City as the middle-income residential market is already recovering. In a media briefing, Avida Land Chief Operating Officer Aris Gonzales said the...
AC Logistics Holdings Corporation, a wholly-owned subsidiary of Zobel-led conglomerate Ayala Corp., is expanding its nationwide coverage by acquiring a majority stake in Glacier Megafridge, Inc. (GMI), one of the leading players in the Philippine cold storage industry. Ayala disclosed to the...
Fifty Philippine native tree species, including endangered and critically endangered varieties, will soon cover the Eco Forest in Parklinks estate owing to the tree planting activity, spearheaded by Ayala Land, Inc. and Eton Properties Philippines, and participated by the students of Multiple...
With competition heating up among townships strung along the C-5 corridor from Quezon City to Pasig CIty, the Ayala-Lucio Tan Group (LTG) joint venture (JV) Parklinks estate is stepping into the fray with the opening of its own mall, envisioned to set it apart from rivals. In an interview on...
Ayala Land Offices Inc., the office development arm of property giant Ayala Land Inc., has secured a five-year lease agreement with state-run Land Bank of the Philippines for a sprawling office facility at the Ayala Malls Manila Bay Corporate Center. The transaction expands the footprint of Ayala...
