As sustainability becomes a priority, building greener cities has emerged as a key focus for developers. Strategies such as energy-efficient buildings and eco-friendly public spaces are helping reduce environmental impact while creating more sustainable and livable urban areas. This push for...
Real estate giant Ayala Land Inc. (ALI) continues to expand its retail leasing portfolio with the opening of 78,000 square meters (sq.m.) of commercial space this year, alongside an additional 700,000 sq.m. in the pipeline as sales from newly renovated areas more than double. Speaking to media, ALI...
Makati Development Corporation (MDC), the construction arm of Ayala Land, continues to pursue exciting innovations in sustainable construction by unveiling the Philippines' first electric (EV) cement mixer, EV trailer tractor, and EV charging station for heavy equipment, revolutionizing operations...
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...
