Zobel-led Ayala Corporation has set the initial dividend rate for the ₱20 billion Class B preferred shares it is re-issuing at 6.2903 percent per annum. In a disclosure to the Philippine Stock Exchange, the conglomerate said it is conducting a Follow-on Public Offering by way of re-issuance from...
For years, the southern corridor of Metro Manila has quietly grown into a lifestyle haven—an escape from the city’s noise and congestion. But now, it’s more than just a retreat. With Ayala Land’s master-planned estates leading the way, the South is rapidly transforming into the most...
AC Mobility has teamed up with sister company Ayala Land Inc. to ramp up the installation of electric vehicle high-speed charging stations in ALI’s masterplanned estates nationwide, starting with the Makati Central Business District. Through the partnership AC Mobility aims to install 700...
The Securities and Exchange Commission (SEC) has approved the planned ₱20 billion offering of re-issued preferred shares by Zobel-led Ayala Corporation. In its meeting on May 27, the Commission En Banc resolved to render effective the registration statement of Ayala covering the re-issuance of...
Real estate giant Ayala Land Inc. (ALI) has signed a 25-year contract agreement for the lease and continued development of the John Hay Technohub in Camp John Hay, Baguio City, according to the Bases Conversion and Development Authority (BCDA). In a statement, BCDA President and Chief Executive...
Height Realty Inc. has announced that the land development of its flagship upscale residential project, Southlinks Estate in Las Piñas City, is proceeding as planned and is on track for completion by the second quarter of next year. In a briefing, Height Realty President and Chief Executive...
Ayala Healthcare Holdings, Inc. (AC Health) has signed a memorandum of understanding (MOU) for strategic collaboration with Becton Dickinson Holdings Pte Ltd (BD), a leading global medical technology company. In a statement, AC Health said the MOU is focused on driving innovation, enhancing...
Ayala Land Inc., Megaworld Corp., Robinsons Land Corp., and SM Prime Holdings Inc., the Philippines’ top four property developers, are set to accelerate their premium residential projects over the next one to two years, in a bid to cushion the impact of slowing demand in the mass housing segment....
Real estate giant Ayala Land Inc. reported a strong market debut for Southmont Central, a newly-launched district within the 800- hectare Southmont estate in Cavite. The Zobel-led developers said 43 percent of Southmont Central’s inventory sold on the first day, underscoring investor confidence...
AREIT Inc., Ayala Land’s real estate investment trust, aims to grow its Assets Under Management (AUM) to $3 billion soon after a recent infusion from its parent company and sponsor will raise the value of its portfolio to ₱138 billion. “We will see our AUM quintuple to ₱138 billion from IPO...
Zobel-led Ayala Corporation’s smaller and newer businesses have turned around or are reducing losses amid measures being taken to ensure their profitability in about two years. “Our smaller, newer companies are turning the corner. We are constructive on the year,” Ayala President and CEO...
Ayala Corporation has warned against fraudulent social media posts that utilize deepfake technology to falsely portray its Chairman, Jaime Augusto Zobel de Ayala, endorsing investment opportunities. The conglomerate clarified that it has no association whatsoever with the individuals or entities...
