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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 taps investment banks for bond issue

Ayala Land Inc., the listed property arm of conglomerate Ayala Corp. has mandated five banks for a five-year fixed rate bond issue......»»

Category: financeSource:  philstarRelated NewsAug 19th, 2020

Ayala Land, Robinsons Land posted lower profits in first semester

Property developers Ayala Land Inc. and Robinsons Land Corp. registered lower profits in the first six months as the pandemic hurt their residential, mall and hotel operations......»»

Category: financeSource:  thestandardRelated NewsAug 7th, 2020

ALI bullish on real estate recovery

Ayala Land Inc., the listed property developer of the Ayala Group, sees the real estate industry recovering from the impact of the COVID-19 pandemic......»»

Category: financeSource:  philstarRelated NewsJul 14th, 2020

Ayala Land hikes bond offer to P10b

Property developer Ayala Land Inc. increased the size of its planned retail bond offering to P10 billion from an initial target of P6 billion......»»

Category: financeSource:  thestandardRelated NewsJun 8th, 2020

Ayala Land to raise P19b to refinance existing debt

Property developer Ayala Land Inc. said it plans to raise up to P19 billion from a combination of debt and bond issuances to refinance outstanding obligations......»»

Category: financeSource:  thestandardRelated NewsMay 27th, 2020

Ayala Land& rsquo;s profit slid 41% in first quarter

Property developer Ayala Land Inc. said net income slid 41 percent in the first quarter to P4.3 billion from a year ago, reflecting the severe impact of the enhanced community quarantine across its businesses......»»

Category: financeSource:  thestandardRelated NewsMay 12th, 2020

ALI net income down 41% in Q1

Ayala Land Inc., the listed property giant of the Ayala Group, posted a first quarter net income of P4.3 billion, down 41 percent from a year ago as the impact of the Taal Volcano unrest in January and the coronavirus disease 2019 or COVID-19 pandemic slowed down the business......»»

Category: newsSource:  philstarRelated NewsMay 11th, 2020

Ayala Land cancels P125 billion worth of projects this year

Property developer Ayala Land Inc. said Wednesday it will not launch P125 billion worth of new projects it earlier programmed for 2020 and will reduce capital expenditures to P70 billion from the original target of P110 billion to ensure its healthy and strong financial position amid the coronavirus disease 2019 pandemic......»»

Category: financeSource:  thestandardRelated NewsApr 22nd, 2020

More players seen entering REIT market

MORE companies are expected to join the real estate investment trust (REIT) market after an Ayala Land Inc. (ALI) subsidiary became the first firm to try to do so, according to a property consultancy firm. “We expect ALI’s move to entice national and provincial players to follow suit,” Colliers International Philippines said in a report […].....»»

Category: newsSource:  manilatimes_netRelated NewsFeb 26th, 2020

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