Real estate giant Ayala Land, Inc. (ALI) of the Zobels is buying out the Aboitiz Group’s 50 percent stake in Cebu District Property Enterprise Inc. (CDPEI) for P1.81 billion. In a disclosure to the Philippine Stock Exchange, ALI said it has entered into a share sale and purchase agreement...
Real estate giant Ayala Land Inc. (ALI) was recognized by Corporate Governance Asia in multiple categories in its 14th Asian Excellence Awards, held last May 30, 2024, at JW Marriott Hong Kong. Ayala Land took home six wins at the 14th Asian Excellence Awards including Best Investor Relations...
Caleia main entrance (Artist’s perspective) Alveo Land, a prestigious company renowned for upscale developments under the Ayala Land Inc. (ALI) portfolio, is further enhancing Southern living with standout properties like Nuvali and Vermosa estates. During a media briefing at Raffles Makati on...
Real estate giant Ayala Land Inc. (ALI) reported that Motor Ace Philippines has signed an agreement with AyalaLand Estates to open a new motor hub in Vermosa in Imus, Cavite. In a statement, ALI said “this expansion comes at a most opportune time as Motor Ace will help provide for the...
Property giant Ayala Land Inc. (ALI) and its wholly-owned subsidiary Westview Commercial Ventures Corp. have sold a combined P3.18 billion worth of AREIT Inc. shares through a placement agreement with BPI Capital Corporation and UBS AG Singapore Branch. In a disclosure to the Philippine Stock...
Ayala Land subsidiary AREIT Inc., the first Philippine real estate trust, reported a 45 percent jump in net income to P1.47 billion in the first quarter of 2024 from the same period last year, excluding the net fair value change in investment properties. In a disclosure to the Philippine Stock...
The Zobel family’s real estate giant Ayala Land, Inc. reported a 39 percent jump in net income to P6.3 billion for the first quarter of 2024 while consolidated revenues increased by 33 percent to P41.0 billion from the first quarter of 2023. In a briefing, ALI said it delivered significant...
Real estate giant Ayala Land Inc. (ALI) is planning to issue P6 billion worth of Sustainability-linked Bonds, which has been assigned the highest Issue Credit Rating of PRS Aaa by Philippine Rating Services Corporation (PhilRatings). In a statement, PhilRatings said the proceeds of the proposed...
Alveo Land, the upper-middle income brand of Ayala Land Inc., is off to a strong start this year as it reported a record P12.7 billion in gross take up for the first quarter of 2024. Alveo President Joseph Carmichael Z. Jugo In a press briefing, Alveo President Joseph Carmichael Z. Jugo said this...
AyalaLand Logistics Holdings Corp. (ALLHC), the subsidiary of Ayala Land, Inc. (ALI) focused on the development of industrial properties, is planning to double its current cold storage capacity by 2025 as demand from importers continue to grow. ALLHC President and CEO Robert S. Lao ...
Ayala Triangle Gardens (Photo courtesy of Ayala) During the summer season, people typically gravitate toward beach getaways, island explorations, and water activities in far-flung areas. However, for those in search of city-based summer festivals, Ayala Triangle Gardens (ATG) emerges as the...
Achieving a circular economy starts with us. It can be as small as reusing bottles or as progressive as setting up a business for processing different waste into resource; needless to say, the time to act is now. In a startling projection for 2025, the National Solid Waste Management Commission...
