Real estate giant Ayala Land Inc. (ALI) will be raising ₱10 billion this month from a multilateral sustainability-linked loan as part of the ₱50 billion in funds it will be securing in the second half of the year. In an interview, ALI Chief Finance Officer (CFO) Augusto Bengzon said that ₱30...
The 13th PropertyGuru Philippines Property Awards once again sets the gold standard for celebrating the nation’s finest in real estate. This year’s edition, with 69 categories, honors the most outstanding designs, developments, and developers across the country, highlighting innovation,...
Bello! Minions have been a pop icon mainstay ever since they first debuted in the 2010 animated film “Despicable Me.” Some find that they have even overshadowed the main cast, taking the lead role in two spin-off films, “Minions” and “Minions: The Rise of Gru.” Their popularity...
A new landmark development where culture, creativity, and commerce converge will soon rise in Makati’s most vibrant neighborhood. Scheduled to open in 2026, the Canopy by Hilton Makati will debut in the country’s major commercial and business district. The announcement came after the formal...
Ayala Malls, the retail arm of real estate giant Ayala Land Inc. (ALI), is investing ₱12.7 billion for the planned redevelopment and construction of its three Cebu-based malls that will boost their economic vitality and retail prominence. The investment is a key part of ALI’s previously...
The Lopez Group’s upscale property developer, Rockwell Land Corp., saw a dip in first-half profits as higher expenses and interest payments offset growth in revenues, as residential sales rose despite the condominium glut. The firm’s financial report filed with the Philippine Stock Exchange...
The Gotianun Group’s Filinvest Development Corp. (FDC) has appointed John Richard B. Sotelo as its new Chief Marketing Officer, poaching the veteran executive from rival Robinsons Land Corp. (RLC). In a disclosure to the Philippine Stock Exchange, FDC, which also has interests in real estate...
Zobel-led Ayala Corp. reported a core net income, which excludes one-off items, of ₱23.7 billion in the first half of 2025—a two percent decline compared to the same period last year but an improvement from the four percent drop in the first quarter of the year. “This was a result of higher...
Ayala Land Hospitality has partnered with Hilton Worldwide Holdings Inc. for the operation of the 400-room Canopy by Hilton Makati, which will rise above the bustling One Ayala development next year. The two firms announced the signing of the agreement for the upcoming hotel, which they aim to be...
Real estate giant Ayala Land Inc. is diverting ₱1.44 billion in funds raised from the sale of AREIT Inc. shares to pay for its acquisition of the 578-room New World Hotel from the redevelopment budget of Bank of the Philippine Islands’ Ayala headquarters. In a disclosure to the Philippine Stock...
The Aboitiz and Yuchengco groups have secured their respective boards’ approval for a planned joint venture to significantly expand the TARI Estate in Tarlac by 184 hectares to 384 hectares. The joint venture agreement is between LIMA Land, Inc., a wholly owned subsidiary of Aboitiz InfraCapital...
The Securities and Exchange Commission has started a fact-finding exercise into the allegations over the surge in valuation of the vast tracts of prime property owned by Villar Land Holdings corporation, and the company said it welcomes the probe. In a media interview, SEC Chairman Francis Lim...
