Real estate giant Ayala Land Inc. is spending close to P90 billion for its share of a new estate at the South Road Properties in Cebu City which it will be jointly developing with SM Prime Holdings Inc. ALI Senior Vice President and Ayala Land Estates Group Head Anna Ma. Margarita "Meean" B. Dy In...
Ayala Land Inc. is touting its Ayala North Exchange as a model for sustaibility practices with its LEED-compliant, resource-efficient model that helps to minimize its carbon footprint. In a statement, ALU said its dedicated civic space is also the only urban oasis at the northern corridor of Ayala...
SPEAKING OUT Ignacio R. Bunye Speaking before the Regis CEO Roundtable Series last May 18, Fernando Zobel de Ayala (FZA), President and CEO of Ayala Corporation, disclosed that “two of Ayala’s most cyclical businesses – Ayala Land and BPI – are priming themselves for a post-pandemic...
Ayala Land Inc.’s (ALI) Ayala Triangle Gardens (ATG) Tower 2 Project won the High-Rise Structures Category in the first Philippines Excellence in Concrete Construction Awards held recently. As one of the country’s winning projects, ATG Tower 2 will now represent the Philippines in the 2021...
Ayala Land Inc. has recycled 28 metric tons of plastic waste, the equivalent of 2.8 million plastic water bottles filling up 73 basketball courts,into useful eco-products last year as part of its “circular waste management” initiative. In a statement, ALI said the plastic waste,...
The Ayala group of companies has turned over to Marinduque the province’s first and only molecular lab which is expected to drastically cut down the waiting period for COVID-19 testing. It usually to take 7 to 14 days to wait for COVID-19 test results since these have to be done through...
AREIT Inc. (AREIT), Ayala Land’s pioneering Real Estate Investment Trust (REIT) in the Philippines, posted a 60 percent jump in net income to P403 million for the first quarter of 2021 compared to the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said growth...
Real estate giant Ayala Land Inc. (ALI) reported a 36 percent drop in net income to P2.8 billion in the first quarter of the year as it continued to weather the impact of the ongoing COVID-19 pandemic on its operations. In a disclosure to the Philippine Stock Exchange, the firm said it registered a...
AREIT Inc., Ayala Land’s pioneering Real Estate Investment Trust (REIT) is primed for growth and expansion after its shareholders approved an increase in its capital and the infusion of new assets. During AREIT’s first Annual Stockholders’ Meeting, stockholders approved the increase in the...
The reins of Ayala Corporation have been passed on to a new Zobel but the firm continues to look for fresh opportunities as it is cautiously optimistic about its post-COVID prospects. “We are cautiously optimistic about the business environment and will continue to prepare for a post-...
Property giant Ayala Land Inc. (ALI) is aiming for a V-shaped recovery although it may take two to three years to be able to perform as well as it had in 2019, before the COVID-19 pandemic struck. “We are working towards a V-shape recovery and I am confident that we have the institutional...
AyalaLand Logistics Holdings Corporation (ALLHC) Group, a unit of property giant Ayala Land Inc., has acquired Technofreeze, a cold storage facility in Laguna. In a statement, ALLHC said Technofreeze has a proven track record of serving companies with diverse products such as processed meat...
