AREIT Inc. (AREIT), the Ayala Group’s real estate investment trust, reported a 27 percent growth in recurring net income to P2.04 billion in the first half of the year, excluding the net fair value change in investment properties. In a disclosure to the Philippine Stock Exchange, the firm said it...
Ayala Land, Inc. (ALI) turned over 859 square meters of land in Vermosa, Cavite to the Philippine Red Cross (PRC). The donated land will be used to build the Philippine Red Cross Vermosa and will serve as PRC’s headquarters in Cavite. PRC chairman and CEO Richard “Dick” Gordon emphasized the...
The Philippine Red Cross (PRC) received a property lot with an estimated value of P50 million from Ayala Land, Inc. to be utilized as the second headquarters of the PRC Cavite Chapter in the province. Ayala Land, Inc. president and CEO, Bobby O. Dy, officially turns over the 859.34 square meters of...
Ayala Land is bringing back the Nuvali Fountain of Lights water show this summer season! This festive spectacle features a visually stunning water display accompanied by bright lights and captivating music, providing a delightful experience for all. "This year, instead of only having it during the...
In the heart of Novaliches, Quezon City’s bustling commercial area, refreshing and new possibilities abound with The Junction Place by Ayala Land Estates. This 11-hectare mixed-use development brings a breath of fresh air in the midst of an urban setting. Centrally located in one of the most...
Real estate giant Ayala Land, Inc. (ALI) is increasing its capital expenditures by 17.4 percent to P85 billion this year, from the P72.4 billion actually spent in 2022, to take advantage of growth prospects in 2023. In a media and analsyts’ briefing, ALI President and CEO Bernard Vincent O. Dy...
The Securities and Exchange Commission (SEC) has approved the P11.26 billion assets-for-equity swap between AREIT Inc. (AREIT), the Philippines’ pioneer real estate investment trust, and its sponsor Ayala Land, Inc. (ALI). In a disclosure to the Philippine Stock Exchange, AREIT said ALI will...
Ayala Corporation received the highest rating, among Philippine conglomerates, from UK-based Carbon Disclosure Project (CDP)—the world’s largest, most comprehensive dataset on environmental action. In a statement, Ayala said it received a B rating this year, higher than the Asia regional...
ILOILO CITY – The airport at the resort-island of Sicogon in Carles town, Iloilo province has officially resumed operations. A 50-seat turbo plane of AirSWIFT rests at the airstrip of Sicogon, the resort-island in Carles town, Iloilo province. The airline resumed its Manila-Sicogon and vice...
Real estate giant Ayala Land Inc. (ALI) is investing an initial P5.2 billion for the development of Crossroads in Plaridel, Bulacan—its 49th estate in the country and its second project in the province of Bulacan. “With the vision of enhancing land and enriching lives for more Filipinos, Ayala...
Real estate giant Ayala Land Inc. is planning to raise P45 billion from in debt capital to partially finance general corporate requirements and refinance maturing debt. In a disclosure to the Philippine Stock Exchange, the firm said the amount will be raised through the issuance of retail bonds or...
Ayala Land Inc. (ALI) and the Araneta Group’s joint venture Altaraza Development Corporation (ADC) is investing P20 billion to develop 600 hectares of prime land to form part of the existing Altaraza estate in San Jose del Monte, Bulacan. In a statement, ALI said this expansion will provide a...
