AREIT Inc., pioneering real estate investment trust sponsored by Ayala Land Inc., is planning to raise P3 billion from the issuance of fixed-rate bonds as the initial tranche of its proposed Debt Securities Program of up to P15.0 billion. The firm intends to use the net proceeds from the bond...
Ayala-led AC Energy Corporation (ACEN) and its Vietnamese firm-partner AMI Renewables will be piloting the installation of battery energy storage system (BESS), as a coupling technology that shall be integrated in their 50-megawatt solar farm project in Khanh Hoa province. In a statement to the...
In the last year or so, there has been a new breed of real estate companies cropping up on the Philippine Stock Exchange (PSE). Real Estate Investment Trusts or REITs, are companies that invest in income-generating properties and distribute their earnings back to shareholders in the form of...
The Securities and Exchange Commission has approved the P15.46 billion shares-for-asset swap between AREIT Inc. (AREIT), the pioneer real estate investment trust (REIT) in the Philippines, and its sponsor company Ayala Land Inc. In a disclosure to the Philippine Stock Exchange, AREIT said the SEC...
Operatives from the Philippine Drug Enforcement Agency (PDEA) and Philippine National Police (PNP) seized last Thursday some P3.4 million worth of shabu (methamphetamine hydrochloride) in a buy-bust operation in Muntinlupa. Authorities conducted the sting on Daang Hari Road in Ayala Alabang,...
The Securities and Exchange Commission (SEC) has public offerings to raise about P87 billion planned by Ayala Land, Inc., Synergy Grid & Development Phils, Inc., Megawide Construction Corporation, and The Keepers Holdings, Inc. The Commission En Banc resolved to render effective the respective...
Real estate giant Ayala Land, Inc. has been recognized in separate annual surveys organized by leading business and finance publications Euromoney and Asiamoney. In a statement, ALI said it topped the residential and office developer categories of the 2021 Euromoney Real Estate Survey, an annual...
Colombian Elizabeth Eder Zobel de Ayala, wife of Ayala Corp. Chairman and CEO Jaime Augusto Zobel de Ayala, hurdled the first big step in becoming a Filipino citizen with the House of Representatives approving her application on Tuesday, Sept. 21. House of Representatives4 With 167 affirmative and...
Ayala Corporation and its healthcare arm Ayala Healthcare Holdings, Inc. (AC Health) have donated 1,000 flu vaccine doses to the City of Taguig as part of Brigadang Ayala. The vaccines were turned over during the groundbreaking event of the Healthway Cancer Care Center, AC Health’s specialty...
Officials of the Ayala Alabang Village and barangay in Muntinlupa are protesting the raid conducted by Philippine immigration and police, and the Korean Embassy inside the exclusive subdivision Saturday night. In a statement issued on Sept. 19, the Ayala Alabang Village Association (AAVA) and...
Ayala Corporation, one of the largest conglomerates in the Philippines, has successfully raised US$400 million after setting the terms for a US dollar-denominated fixed-for-life (non-deferrable) senior perpetual issuance on Sept. 16, 2021. In a disclosure to the Philippine Stock Exchange, the firm...
Ayala Corporation, one of the largest conglomerates in the Philippines, is planning to offer Regulation S US Dollar-denominated senior fixed-for-life perpetual notes to retire at least $800 million worth of older US Dollar-denominated debt. In a disclosure to the Philippine Stock Exchange, the firm...
