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Ayala Land rides property boom

Conglomerate Ayala Corp.’s property arm Ayala Land Inc. (ALI), reported a 13 percent jump in its net income in 2019 to P33.2 billion from P29.2 billion in 2018 on the back of strong lot sales in its office, commercial and industrial segments. ALI’s revenues hit P168.8 billion or two percent higher from P166.2 billion in […] The post Ayala Land rides property boom appeared first on Daily Tribune......»»

Category: newsSource: tribune tribuneFeb 14th, 2020

Property developer to build high-rise condo, BPO tower in Davao City

DAVAO CITY (MindaNews / 4 Jan) – The Accendo Commercial Corp., a joint venture company of Ayala Land and Anflocor, will launch this year two big ticket projects that will rise within the 10-hectare Abreeza Complex located at the heart of downtown Davao, following an economic boom here. Accendo Commercial Corp. general manager Luigi C. [&'].....»»

Category: newsSource:  mindanewsRelated NewsJan 4th, 2017

ALI eyes P10B via float

The board of Ayala Land Inc. (ALI) has approved plans to raise up to P10 billion in new funds from the issuance of retail bonds. In a report to the stock exchange, the property developing arm of Ayala Corp. said proceeds of the issue will be used to “partially finance general corporate requirements and to […] The post ALI eyes P10B via float appeared first on Daily Tribune......»»

Category: newsSource:  tribuneRelated NewsFeb 22nd, 2020

Ayala Land decides to hike share buyback plan by P25b

Major property Ayala Land Inc. has boosted its share buyback program by P25 billion to boost shareholder value......»»

Category: financeSource:  thestandardRelated NewsFeb 21st, 2020

Seda opens second property in Cebu to meet surging demand

February 2020…..Ayala Land’s homegrown hotel brand Seda has open its second property in Cebu City in response to the surging demand for accommodations that meet the requirements of global business and leisure travelers. The 214-room Seda Central Bloc will be an anchor destination of the Cebu Central Bloc, a self-contained Ayala Land community with retail, […] The post Seda opens second property in Cebu to meet surging demand appeared first on Cebu Daily News......»»

Category: newsSource:  inquirerRelated NewsFeb 17th, 2020

Ayala Land earnings up 13% in 2019

Property giant Ayala Land Inc. saw its earnings rise by 13 percent to P33.2 billion last year behind strong revenues across its business operations......»»

Category: financeSource:  philstarRelated NewsFeb 15th, 2020

Ayala Land increased net profit in 2019 by 13% to P33.2b

Major property developer Ayala Land Inc. registered a net income of P33.2 billion in 2019, up 13 percent from P29.4 billion in the previous year, on aggressive project launches......»»

Category: financeSource:  thestandardRelated NewsFeb 14th, 2020

ALI files 1st application for P14.4-b REIT offering

Property developer Ayala Land Inc. said it filed an application for a P14.4-billion Real Estate Investment Trust offering, less than a month after the government eased the rules on the new investment vehicle......»»

Category: financeSource:  thestandardRelated NewsFeb 9th, 2020

Ayala open to transparent review of UP land contract

Property developer Ayala Land Inc. said Tuesday it is open to a “transparent review and assessment” of the development lease arrangement with University of the Philippines amid plans of the Duterte administration to probe the transaction......»»

Category: financeSource:  thestandardRelated NewsJan 21st, 2020

ALI denies reports regarding property development in Sagada

Ayala Land Inc., the listed property developer of the Ayala Group, has no plans to develop a property in Sagada, Mountain Province, a relatively preserved town in the Cordillera mountains......»»

Category: financeSource:  philstarRelated NewsDec 24th, 2019

Cebu Holdings plans another hotel in Lapu

CEBU CITY–Another resort hotel will soon rise in Lapu-Lapu City. Cebu Holdings Inc. President Aniceto Bisnar Jr. said that the land development is almost complete for the Seagrove project that is located at a coastal property in Barangay Punta Engano. The 14-hectare Seagrove development is a project of Ayala Land Inc. (ALI) and Cebu Holdings […] The post Cebu Holdings plans another hotel in Lapu appeared first on Cebu Daily News......»»

Category: newsSource:  inquirerRelated NewsDec 8th, 2019

Ayala Land, Gatchalians end planned partnership

Ayala Land Inc. and Philippine Estates Corp. of the Gatchalian Group terminated a planned joint venture partnership to develop a 21-hectare property in Valenzuela City known as “Plastic City......»»

Category: financeSource:  thestandardRelated NewsDec 2nd, 2019

Alveo offers rare P55 million park-facing Makati condo

Alveo Land is building on its success in the Makati Central Business District with its latest residential property in a rare, park-facing parcel. Alveo, Ayala Land Inc.’s upscale brand, recently launched Parkford Suites Legazpi, a 35-story residential tower with an average launch price of P55 million per unit......»»

Category: financeSource:  philstarRelated NewsNov 30th, 2019

ALI to spend P18 billion for Tarlac township

Ayala Land Inc. will spend about P18 billion over the next 10 to 15 years for the development of a 290-hectare property into its first integrated mixed-use estate in Tarlac City......»»

Category: financeSource:  philstarRelated NewsNov 13th, 2019

SM-Ayala consortium bares details of multi-billion SRP development

CEBU CITY, Philippines — The consortium of SM Prime Holdings Inc. (SMPHI) and Ayala Land Inc. (ALI) will be contributing P22 billion to the city coffers coming from fees and taxes of the P310-billion development within its 26-hectare property at the South Road Properties (SRP). The representatives of the SM-Ayala consortium presented to the Cebu […] The post SM-Ayala consortium bares details of multi-billion SRP development appeared first on Cebu Daily News......»»

Category: newsSource:  inquirerRelated NewsNov 12th, 2019

Cebu City Council approves development permit of SM-Ayala consortium in SRP

CEBU CITY, Philippines — After three years, the land development permit of the SM-Ayala consortium for the 26-hectare property at the South Road Properties (SRP) has finally been approved by the Cebu City Council. The permit was approved on Tuesday, November 5, by a divided Cebu City Council during its regular session with eight opposition […] The post Cebu City Council approves development permit of SM-Ayala consortium in SRP appeared first on Cebu Daily News......»»

Category: newsSource:  inquirerRelated NewsNov 6th, 2019

Ayala Land income hits P23B in Jan-Sept

LISTED Ayala Land Inc.’s (ALI) net income surged to P23.2 billion in the first nine months of 2019 on the back of higher revenues, mostly from its real estate segment. In a disclosure on Tuesday, the Ayala-led property developer said the amount was a 12-percent increase from P20.77 billion in the January-to-September 2018 period. Revenues […].....»»

Category: newsSource:  manilatimes_netRelated NewsNov 5th, 2019

BO-PK councilors push to void sale of SRP lots

CEBU CITY, Philippines — Three weeks prior to the assumption of the new administration in Cebu City, councilors under the Bando Osmeña-Pundok Kauswagan (BO-PK) party once again sought to void the sale of the 45-hectare property at the South Road Properties (SRP). The 45-hectare property was sold to the SM-Ayala consortium and Filinvest Land Inc. […] The post BO-PK councilors push to void sale of SRP lots appeared first on Cebu Daily News......»»

Category: newsSource:  inquirerRelated NewsJun 12th, 2019

RLC plans township in Pampanga

ROBINSONS Land Corp. (RLC) will be developing close to 200 hectares of land in Pampanga into a mixed-use estate, as the property firm rides on the robust economic growth in the province......»»

Category: financeSource:  bworldonlineRelated NewsMay 30th, 2019

Avida Land launches final phase of Cavite project

Avida Land Corp., the mid-range residential development arm of property giant Ayala Land Inc., will launch its newest subdivision project in Cavite, driven by the strong reception of its previous projects in the area......»»

Category: financeSource:  philstarRelated NewsMay 28th, 2019

Ayala Land income grows 12% to P7.3 B

Ayala Land Inc. (ALI) grew its first quarter profit by 12 percent to P7.3 billion as a result of the sustained performance of its property development business as well as a surge in commercial leasing revenue......»»

Category: financeSource:  philstarRelated NewsMay 7th, 2019