Diversified conglomerate San Miguel Corporation (SMC) and property giant Ayala Land Inc. (ALI) have signed an Integration Agreement to connect ALI’s Arca South on and off ramps into the Skyway system. In a statement, SMC said the connection will be made via the upcoming South East Metro Manila...
AREIT Inc., the real estate investment trust of Ayala Land Inc., is acquiring P6.77 billion worth of industrial assets from another member of the Ayala Group, ACEN Corporation, to bolster its portfolio further. In a disclosure to the Philippine Stock Exchange (PSE), AREIT said it is acquiring 276...
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...
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...
Mariana Beatriz Zobel de Ayala, daughter of Ayala Corporation Chairman Jaime Augusto Zobel de Ayala, has been appointed senior vice president of property giant Ayala Land Inc. (ALI) effective Oct. 1, 2023. This was disclosed by ALI to the Philippine Stock Exchange (PSE) among other recent...
Ayala Land Inc. (ALI) and the International Finance Corporation (IFC) have signed a Memorandum of Understanding (MOU) for a partnership that would help accelerate the transition of the Philippine property sector toward net zero. Under this historic agreement, ALI and its real estate investment...
Zobel-controlled real estate giant Ayala Land Inc. (ALI) announced the appointment of veteran executive Anna Ma. Margarita “Meean” B. Dy as the company's first female President and Chief Executive Officer (CEO). Ayala Land's new President and CEO Anna Ma. Margarita "Meean" B. Dy Meean Dy...
AREIT Inc. (AREIT), the Ayala Group’s real estate investment trust, reported a 27 percent growth in recurring net income to P2.04 billion in the first half of the year, excluding the net fair value change in investment properties. In a disclosure to the Philippine Stock Exchange, the firm said it...
Real estate giant Ayala Land, Inc. (ALI) is increasing its capital expenditures by 17.4 percent to P85 billion this year, from the P72.4 billion actually spent in 2022, to take advantage of growth prospects in 2023. In a media and analsyts’ briefing, ALI President and CEO Bernard Vincent O. Dy...
The Securities and Exchange Commission (SEC) has approved the P11.26 billion assets-for-equity swap between AREIT Inc. (AREIT), the Philippines’ pioneer real estate investment trust, and its sponsor Ayala Land, Inc. (ALI). In a disclosure to the Philippine Stock Exchange, AREIT said ALI will...
Ayala Corporation received the highest rating, among Philippine conglomerates, from UK-based Carbon Disclosure Project (CDP)—the world’s largest, most comprehensive dataset on environmental action. In a statement, Ayala said it received a B rating this year, higher than the Asia regional...
Real estate giant Ayala Land Inc. (ALI) is investing an initial P5.2 billion for the development of Crossroads in Plaridel, Bulacan—its 49th estate in the country and its second project in the province of Bulacan. “With the vision of enhancing land and enriching lives for more Filipinos, Ayala...
