Tag Archives: Ayala Land

Ayala set to expand Cloverleaf mall

(Business World | November 23, 2018) To cater more to the needs of commuters in Balintawak area, Ayaland Land, Inc. (ALI) is expanding its Cloverleaf mall. Ayala said that it targets to open phase 2 of Ayala Malls Cloverleaf by 2022, offering a gross leasable area (GLA) of around 40,000 square meters (sq.m.). “Because of the success of phase 1, ...

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Ayala Land nets P6.52B

(Inquirer.net | May 8, 2018) Property giant Ayala Land Inc. grew its first quarter net profit by 17 percent year-on-year to P6.52 billion, driven by the double-digit expansion of the residential development and commercial leasing businesses. Total revenues also increased by 17 percent year-on-year to P36.98 billion, Ayala Land disclosed to the Philippine Stock Exchange on Tuesday. Property development revenues ...

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Ayala Land net income up 21% in 2017

(Source: Rappler | February 14, 2018) Ayala Land Incorporated (ALI), the property development arm of the Ayala Group, saw its bottom line rise on the completion of projects and growth from its leasing segment. ALI reported a full-year 2017 net income of P25.3 billion in 2017, in a disclosure to the Philippine Stock Exchange (PSE) on Wednesday, February 14. The ...

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Ayala opens new township in Balintawak

(Source: Malaya.com.ph | November 8, 2017) Another township rises in the bustling north with Ayala Malls Cloverleaf at Balintawak, Quezon City, becoming the new haven for city-dwellers, professionals, students and families who seek a warm and welcoming respite in the CBD. Envisioned to become one of Metro Manila’s master-planned, contemporary green urban developments, Ayala Malls Cloverleaf boasts a mix of ...

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Ayala Land allots P1 billion for initial development of Sicogon Island in Iloilo

(Source: Business Mirror | June 15, 2017) Ayala Land Inc. said it is spending P1 billion to initially develop Sicogon Island Tourism Estate in Iloilo. Together with joint-venture partner Sicogon Island Development Corp., the company is putting up mixed-use commercial and residential establishments and an integrated transport system that will cater to a mix of local and international markets.  The ...

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Ayala Land launching three developments

(Source: Inside Retail Philippines | 21 April 2017) With expectations of sustained economic growth in the Philippines, Ayala Land plans to launch three mixed-use developments this year. The developer’s township developments are usually anchored by an Ayala mall. The three new estates are the 250ha Evo City in Kawit, Cavite; the 25ha Azuela Cove in Davao City in a JV ...

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Ayala Land to raise P30B from retail bonds, notes

(Source: Business World | 22 February 2017) AYALA LAND, Inc. will raise P30 billion by issuing a mix of retail bonds, corporate notes, bilateral term loans and short-dated notes. In a regulatory filing, the listed company announced its board of directors on Monday authorized the raising of a maximum of P20 billion through retail bonds, corporate notes or bilateral term ...

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Ayala Land eyes P5-B issuance

(Source: Business World | 18 October 2016) Ayala Land, Inc. is looking to issue commercial papers worth at least P5 billion next year, as it advances leasing projects expected to deliver more cash flow and subsequently slash the need for external funding beyond 2020. The commercial papers will come from a P50-billion shelf offering tapped for retail and homestarter bond issuances ...

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Ayala Land to acquire stake in Tutuban mall owner Prime Orion

(Source: Rappler | 26 February 2016) Being the site for the common station of North-South Railway project, Tutuban Center will be strategic for property developer Ayala Land. Ayala Land, Incorporated has finalized the acquisition of a majority stake in Prime Orion Properties, Incorporated,owner of a Tutuban retail complex in the shopping district of Divisoria in Tondo, Manila. Ayala Land and ...

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Metro Retail, Ayala Land team up anew

(Source: Business World | November 22, 2015)   Visayan retail giant Metro Retail Stores Group, Inc. has struck a partnership with property behemoth Ayala Land, Inc. to become the anchor tenant in four of the latter’s shopping centers. This come as Metro Retail is set to debut on the Philippine Stock Exchange (PSE) on Tuesday after completing its up to P4-billion ...

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