Real estate giant Ayala Land, Inc. has raised P2.78 billion from the sale of 75 million common shares of AREIT, Inc. at a transaction price of P37.00 per share. In a disclosure to the Philippine Stock Exchange, ALI said the shares, equivalent to about 2.33 percent of AREIT, were sold under a...
Property giant Ayala Land Inc. (ALI) is preparing another asset infusion into its real estate investment trust, AREIT Inc., following the divestment of P2.78 billion worth of AREIT shares. Philippine Stock Exchange data showed that three blocks sales of AREIT shares were done at the bourse...
Zobel-led real estate giant Ayala Land Inc. (ALI) sustained its solid earnings growth momentum for the first nine months of 2024 with a 15 percent net income growth to P21.2 billion from P18 billion in the same period last year. In a disclosure to the Philippine Stock Exchange (PSE), the firm...
The Philippine Competition Commission has approved the buyout by Ayala Land, Inc. (ALI) of Aboitiz Group’s 50 percent stake in their joint venture, Cebu District Property Enterprise Inc. (CDPEI), for P1.81 billion. In a disclosure to the Philippine Stock Exchange, Aboitiz Equity Ventures...
(Center/4th from the Left) Carol T. Mills, head of Ayala Land Offices (ALO); and (2nd from the right) Gail Samaniego, head of ALO asset management and business and project development group receive the award for Ayala Land at the BCI Asia Awards 2024. Ayala Land, Inc. (ALI) has been at the...
Ayala Land Inc. (ALI) has secured a $250-million (about P14.3-billion) loan from the International Finance Corp. (IFC) to fund its net-zero emissions ambition, including the "greening" of 10 malls in Cebu and Metro Manila. The IFC disclosed on Monday, Oct. 14, that it already invested in ALI's up...
SMC Infrastructure and Ayala Greenfield Development Corporation (AGDC), a joint venture between Ayala Land Inc. and the Campos family’s Greenfield Group have broken ground on the Ayala Greenfield Interchange. In a statement, ALI said this is a critical infrastructure project set to improve...
Property giant Ayala Land Inc. reported to be raising about P2.7 billion from the sale of shares in its real estate investment trust AREIT Inc. in preparation for another asset injection. According to Abacus Securities Corporation, “Ayala Land is unexpectedly placing out an additional 75 million...
Real estate giant Ayala Land Inc. is planning to issue another P10 billion worth of Sustainability-linked (SL) Bonds after recently raising P20.5 billion from P6 billion in SL Bonds and P14.5 billion in SL Loans from the International Finance Corporation (IFC). According to Philippine Rating...
AREIT Inc., the real estate investment trust sponsored by Ayala Land Inc., reported that it has sold three condominium units to help fund the acquisition of a hotel owned by its parent company in Palawan. In a disclosure to the Philippine Stock Exchange, AREIT said it sold three office condominium...
Data center developer A-FLOW, a joint venture between FLOW Digital Infrastructure (FLOW) and AyalaLand Logistics Holdings Corp. (ALLHC), has completed the structural framework of its new ML1 Data Center in Biñan, Laguna. ALLHC said the three-building carrier-neutral campus is designed to meet the...
Ayala Land Inc. (ALI), the largest property developer in the Philippines with over 11,000 hectares and 52 estates nationwide, saw a significant rise in Filipino investment in both residential and commercial properties in the first half of 2024. This surge reflects strong confidence in the stability...
