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...
Although Joey Ayala, who was among the recipients of the 2024 Gawad CCP para sa Sining for what he has accomplished in music, might have delivered the most riveting acceptance speech (he was candid, he was clever, and he was funny)—“CCP (Cultural Center of the Philippines) po ha , not CPP...
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...
Ayala Corporation is once again the highest-ranked Philippine company in the Time World’s Best Companies 2024 list. The World's Best Companies 2024 ranking is a comprehensive analysis conducted to identify the top-performing companies across the globe. This distinction is presented by Time and...
By: Ma. Jasmine Tuaño ‘Zobel: The Future of the Past’ Asian premiere at the Ayala Museum, Makati “In order to know how to paint, first, you have to look.” This is one of the first few phrases guests will see at the ‘Zobel: The Future of the Past’ multimedia exhibit, reflecting...
Ayala Land, Inc. (ALI) and its subsidiaries have once again demonstrated their industry leadership and commitment to excellence, securing multiple top honors at the 12th PropertyGuru Philippines Property Awards. The group received numerous accolades, reaffirming its stature as a pioneer in real...
AREIT Inc., the real estate investment trust sponsored by Ayala Land Inc., reported that it has sold three condominium units to help fund the acquisition of a hotel owned by its parent company in Palawan. In a disclosure to the Philippine Stock Exchange, AREIT said it sold three office condominium...
Data center developer A-FLOW, a joint venture between FLOW Digital Infrastructure (FLOW) and AyalaLand Logistics Holdings Corp. (ALLHC), has completed the structural framework of its new ML1 Data Center in Biñan, Laguna. ALLHC said the three-building carrier-neutral campus is designed to meet the...
Ayala Land Inc. (ALI), the largest property developer in the Philippines with over 11,000 hectares and 52 estates nationwide, saw a significant rise in Filipino investment in both residential and commercial properties in the first half of 2024. This surge reflects strong confidence in the stability...
ST Telemedia Global Data Centres (STT GDC) Philippines opened its upgraded facility in Makati City as part of its expansion efforts to raise data center capacity in response to increasing demand. STT GDC is a joint venture between Globe Telecom, Ayala Corporation, and ST Telemedia Global Data...
Zobel-led Ayala Corporation, the country’s oldest conglomerate, is launching its planned P15 billion offering of Preferred B shares on Sept. 23 with the offering period to end on Sept. 27, 2024. Based on the firm’s draft prospectus, the dividend rate for the preferred will be set on Sept. 19,...
Zobel-led Ayala Corporation disclosed that it is paying P22.4 billion for the acquisition of an additional eight percent of Globe Fintech Innovations, Inc. (Mynt), the operator of the GCash platform, from existing shareholders. In a disclosure to the Philippine Stock Exchange providing final...