Property giant Ayala Land Inc. (ALI) and its wholly-owned subsidiary Westview Commercial Ventures Corp. have sold a combined P3.18 billion worth of AREIT Inc. shares through a placement agreement with BPI Capital Corporation and UBS AG Singapore Branch. In a disclosure to the Philippine Stock...
Ayala Land subsidiary AREIT Inc., the first Philippine real estate trust, reported a 45 percent jump in net income to P1.47 billion in the first quarter of 2024 from the same period last year, excluding the net fair value change in investment properties. In a disclosure to the Philippine Stock...
The Zobel family’s real estate giant Ayala Land, Inc. reported a 39 percent jump in net income to P6.3 billion for the first quarter of 2024 while consolidated revenues increased by 33 percent to P41.0 billion from the first quarter of 2023. In a briefing, ALI said it delivered significant...
Real estate giant Ayala Land Inc. (ALI) is planning to issue P6 billion worth of Sustainability-linked Bonds, which has been assigned the highest Issue Credit Rating of PRS Aaa by Philippine Rating Services Corporation (PhilRatings). In a statement, PhilRatings said the proceeds of the proposed...
Alveo Land, the upper-middle income brand of Ayala Land Inc., is off to a strong start this year as it reported a record P12.7 billion in gross take up for the first quarter of 2024. Alveo President Joseph Carmichael Z. Jugo In a press briefing, Alveo President Joseph Carmichael Z. Jugo said this...
AyalaLand Logistics Holdings Corp. (ALLHC), the subsidiary of Ayala Land, Inc. (ALI) focused on the development of industrial properties, is planning to double its current cold storage capacity by 2025 as demand from importers continue to grow. ALLHC President and CEO Robert S. Lao ...
Ayala Triangle Gardens (Photo courtesy of Ayala) During the summer season, people typically gravitate toward beach getaways, island explorations, and water activities in far-flung areas. However, for those in search of city-based summer festivals, Ayala Triangle Gardens (ATG) emerges as the...
Achieving a circular economy starts with us. It can be as small as reusing bottles or as progressive as setting up a business for processing different waste into resource; needless to say, the time to act is now. In a startling projection for 2025, the National Solid Waste Management Commission...
Ayala Land's Alviera project in Central Luzon emerged victorious at the 2024 Titan Property Awards, securing three accolades. Alviera A-Block clinched the gold award in the Property Strategic Program Property Launch category. Additionally, Alviera received two silver awards: one in the Property...
AyalaLand Hotels and Resorts Corp (AHRC) has signed an agreement with the International Finance Corporation (IFC) signifying its commitment to achieve EDGE Zero Carbon certification for 2,826 rooms in its hotel portfolio by 2026, a first for a hotel group in the Philippines. EDGE Zero Carbon...
Real estate giant Ayala Land Inc. is absorbing through a merger 34 firms it owns directly or through wholly-owned subsidiaries AyalaLand Estates Inc. (ALEI) and AyalaLand Hotels and Resorts Corporation (AHRC) . “The merger is an internal restructuring to simplify the ownership structure and is...
Glorietta 4 facade (Photos courtesy of Ayala Malls) The dynamic retail sector in the Philippines is being driven by the constant evolution of Filipino consumers, and Ayala Malls is at the forefront, unveiling plans to transform its iconic malls—Glorietta, Greenbelt, TriNoma, and Ayala Center...
