AREIT Inc., the real estate investment trust sponsored by property giant Ayala Land Inc., registered a 42 percent jump in net income, excluding the net fair value change in investment properties, to P3.43 billion in the first nine months of 2023. In a disclosure to the Philippine Stock Exchange...
Zobel conglomerate Ayala Corporation reported a 42 percent jump in core net income to P31 billion in the first nine months of 2023 compared to the same period last year due to the strong results of its real estate, banking, and renewable energy businesses. In a disclosure to the Philippine...
Property giant Ayala Land Inc. (ALI) posted a 38 percent hike in total net income to P18.4 billion in the first nine months of the year as consolidated revenues improved 15 percent to P98.9 billion year-on-year. In a disclosure to the Philippine Stock Exchange (PSE), the firm said it maintained a...
In the bustling urban landscape of Metro Manila, finding a peaceful sanctuary for unwinding can be quite a challenge. But what people ought to know is to find such bliss, they simply have to look to the north. Right at the heart of Quezon City are Ayala Malls TriNoma and Ayala Malls Vertis North,...
Bravo! Filipino presents this year’s PHx Fashion Conference, a first-of-its-kind designer-led initiative in the Philippines that aims to inspire fledgling Filipino fashion brands to elevate their operations to a global standard. Aligned with the core mission of Ayala Malls and its Bravo!...
Jollibee Foods Corporation announced that it has signed a contract with Ayala Malls that will lead to the opening of the country’s first Common Man Coffee Roasters, one of Singapore’s most beloved cafés, in the heart of Makati. In a statement, the Jollibee Group said the brand’s first...
A PICKLEBALL FAMILY From left: Jaime Alfonso Zobel de Ayala, Jaime Augusto Zobel de Ayala, and Lizzie Zobel de Ayala Pickleball, not to be confused as a formal event dedicated to the flavorful treat, has recently made a name for itself as one of the fastest-growing sports worldwide. But what...
The Securities and Exchange Commission (SEC) is warning the public against dealing with a firm posing as the country’s oldest conglomerate Ayala Corporation and two other firms due to their unauthorized solicitation of investments without the necessary license from the SEC. In an advisory, the...
Jose Rene Gregory D. Almendras has resigned from his position in East Zone concessionaire Manila Water Co. Inc. In a disclosure to the Philippine Stock Exchange on Thursday, Oct. 12, Manila Water announced that Almendras, who served as the president of the utility firm from August 2019 to June...
Two years after ceding control of Manila Water Company (MWC) to billionaire Enrique K. Razon Jr., the Ayala Group is further reducing its stake in the water concessionaire by selling more shares to raise P5.7 billion as part of the Zobel conglomerate’s P50-billion fund raising activity. In a...
At Ayala Malls’ Picklemall launch event with Jaime Alfonso Zobel de Ayala, Jaime Augusto Zobel de Ayala, Lizzie Zobel de Ayala, and Mariana Zobel de Ayala (Photo courtesy of Ayala Malls) Leading the pickleball craze in the Philippines, Ayala Malls introduced a dynamic new lifestyle concept with...
Ayala Malls redefines lifestyle with Picklemall, bringing in Pickleball into its chain of centers as part of its continuing effort to promote health and wellness through the staging of the fast-growing sport across the globe. Ayala Malls is hosting a Pickleball match between chairman Jaime Zobel De...