Ayala Corporation, the country’s oldest conglomerate, reported a 45 percent jump in attributable net income to P7.8 billion in the first quarter of 2022 from P5.4 billion in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said growth came on the back of...
Ayala Land Inc. (ALI) reported a 14 percent improvement in net income to P3.2 billion in the first quarter of 2022 from P2.78 billion in the same period last year, supported by continuing cost-efficiency measures amidst the pandemic. In a disclosure to the Philippine Stock Exchange, the firm said...
Real estate giant Ayala Land Inc. is planning to raise up to P33 billion from a planned bond issuance of P22 billion with an oversubscription option of up to P11.0 billion. The proceeds of the proposed bond offering will be used by the firm for refinancing and to fund general corporate...
Ayala Land, Inc. subsidiary AyalaLand Logistics Holdings Corp. (ALLHC) and FLOW Holdings I Philippines Pte. Ltd., the vehicle of FLOW Digital Infrastructure, have signed a framework agreement to develop carrier-neutral data centers across the Philippines. In a disclosure to the Philippine Stock...
The busy business district of Makati City turned even busier the whole of Saturday when a deluge of pink-clad supporters of aspiring president Vice President Leni Robredo showed up to congregate for the last time at her miting de avance. (Photo from Team Kiko) The city witnessed what might be a...
AREIT, Inc. (AREIT), the first Philippine real estate investment trust, reported a 59 percent jump in net income to P796 million in the first quarter of 2022, excluding fair value change in investment properties. In a disclosure to the Philippine Stock Exchange, the firm said profit growth was...
What’s new and upcoming at Art Lounge Manila, Eskinita Art Gallery, and Ayala Museum View this post on Instagram A post shared by Art Lounge Manila (@artloungemanila) ONGOING: ‘Life’ VENUE: Art Lounge Manila, The Podium in Mandaluyong City Life flows from the fount that comes directly from...
Ayala Corporation is giving its shareholders shares of stock of subsidiary AC Energy Corporation (ACEN) worth about P4.5 billion as a property dividend. In a disclosure to the Philippine Stock Exchange, Ayala said its Board of Directors has approved the declaration of property dividends consisting...
Real estate giant Ayala Land Inc. is now ready to open new malls and pursue the construction of new ones as it becomes more optimistic that consumers are going out again as the economy reopens. ALI Chairman Fernando Zobel de Ayala during the firm’s annual stockholders’ meeting noted that...
Ayala Land Inc. has raised P3.47 billion from the sale of shares of AREIT Inc., its real estate investment trust, which it received from a property-for-share swap. In a disclosure to the Philippine Stock Exchange, ALI said it sold 87.37 million AREIT shares at a transaction price of P39.70 per...
The BGC Community farm was constructed in the middle of BGC. (Jerome Sagcal) The streets of Bonifacio Global City (BGC) are lined with skyscrapers, but take a turn from 5th Avenue into 34th Street and you will find a green patch of land unlike anything else in the business district. On this corner...
Ayala Malls catapults family activities to even more exciting heights with happening mall events, much anticipated store openings, and dining delights to enjoy. We’re happy to welcome more and more people back in our malls”, opens Ayala Malls Marketing Director Eunice Velasco. "Safety is always...