News and Updates
ALI 1H23 net income up 41% to P11.4B; presales up 18%
August 2, 2023Ayala Land Inc. (ALI) delivered solid operational results in the first half of 2023, fueled by the sustained resilience of the property market and consumer activity despite prevailing macroeconomic concerns. With consecutive growth in the first two quarters of the year, ALI posted a total net income of P11.4 billion, up 41% year-on-year. In the second quarter, net income amounted to P6.9 billion, 52% more than the first quarter of 2023. Consolidated revenues registered at P66.0 billion in the first half, 24% higher year-on-year, as second-quarter revenues reached P35.1 billion, 14% better than the first quarter of 2023.
Ayala Land’s Cresendo Estate to host McDonald’s first Green & Good Store in Tarlac
July 25, 2023McDonald's and Ayala Land Estates celebrated a milestone with the groundbreaking ceremony of McDonald's first Green&Good store in Tarlac, set to open by November of this year to cater to the growing Tarlac community. Ayala Land’s (ALI) Cresendo Estate is a master-planned mixed-use development that builds on many local components resembling a new población or bayan infused with modern urban planning solutions and design. Its commercial district is planned to be vibrant and walkable, thoughtfully designed to integrate retail, office, school, residential and civic spaces for a holistic and productive lifestyle.
Ayala Land leads the way in creating inclusive spaces for Persons with Disabilities
July 25, 2023Ayala Land has long been taking significant steps to make its developments truly accessible. Besides ensuring access to major thoroughfares and providing transport hubs in its communities, Ayala Land has also undertaken measures to provide safe and inclusive spaces for the differently-abled or persons with disabilities (PWDs). Recognizing the need for equal access to public spaces, Ayala Land has invested in the installation of ramps, elevators, restrooms, and other assistive technologies for PWDs across all its developments. In its malls, for instance, there are priority parking spaces, reserved seating areas, and wheelchairs for rent to ensure comfort and convenience for the differently-abled. On top of these, Ayala Land also hosts activities, programs, and campaigns that would help empower, provide opportunities, and seamlessly integrate PWDs into the society.
Ayala Malls supports the Philippine Women’s National Football Team’s Historic World Cup Campaign
July 24, 2023For the first time in history, the Philippines will be on world football’s biggest stage. The Filipinas, as the Philippine Women’s National Football Team is fondly called, is making their debut in the FIFA Women’s World Cup 2023. As an advocate of sports as a vehicle for nation building, Ayala Malls is wholeheartedly cheering for The Filipinas, and enjoins everyone to give their all-out support by making the Philippine team’s matches accessible to more Filipinos through its malls.
Ayala Land’s continuous sustainability journey
July 23, 2023Ayala Land, Inc. (ALI) is one of the first Philippine real estate companies to embark on a sustainability journey towards achieving net zero emissions in the country. With that journey continuing nonetheless, ALI has been among the top in realizing sustainability in business, as evidenced by its operations and, in turn, its developments.
Fifty Years and Forward’ captures the persevering legacy of Makati CBD and its founders
July 18, 2023The 300-page book follows the journey of Makati CBD’s visionaries – Col. Joseph R. McMicking, Alfonso Zobel de Ayala, Enrique Zobel de Ayala, and Jaime Zobel de Ayala – who developed the estate’s master plan. Being innovative pioneers of urban land development in the country, these key figures cultivated the Makati CBD to grow into one of the top business districts in Southeast Asia.
AREIT 1Q22 net income up 59% to P796M
July 18, 2023Total revenues increased by 66% to P1.2 billion, while Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) grew 58% to P843 million, compared to the same period last year. AREIT recorded an average occupancy of 97% and a rental collection rate of 98%, reflecting stable and high-quality tenancy across its properties.
Ayala Land lists P12 billion fixed-rate bonds on PDEx
July 18, 2023This 6-year bond listing is the biggest bond issuance of Ayala Land in the past eight years and the second-largest issuance in the company’s history. The bonds carry an interest rate of 5.8086% per annum, to be paid quarterly.
Ayala Land’s Smart Choices to Live Sustainably Affirmed with Accolades
June 30, 2023Ayala Land continues to provide living and working spaces that evolve with the needs of the future Making cities resilient and sustainable has never been more important than now. An estimated 70 percent of people will live in cities, predicts World Bank senior managing director Axel van Trotsenburg.
ALI Lists P15B Fixed-Rate Bonds
June 26, 2023Ayala Land, Inc. (ALI) successfully listed its new P15-billion fixed-rate bonds due 2028 and 2033 at the Philippine Dealing and Exchange Corporation (PDEX). The bonds due in 2028 totaling P10.1 billion carry a coupon rate of 6.0253% per annum (p.a.), while the bonds due in 2033 amounting to P4.9 billion have a coupon rate of 6.2948% p.a. “Today marks the second largest bond issuance of ALI, our largest 5-year issuance, and the first corporate to issue a 10-year bond this year,” said Augusto D. Bengzon, ALI CFO, Treasurer, and Chief Compliance Officer. “In the past three years, Ayala Land has proven its resilience, demonstrated that it is on a path to recovery, and is now in a solid position for renewed growth,” he added.
Ayala Land’s continuous sustainability journey
June 16, 2023Ayala Land, Inc. (ALI) is one of the first Philippine real estate companies to embark on a sustainability journey towards achieving net zero emissions in the country. With that journey continuing nonetheless, ALI has been among the top in realizing sustainability in business, as evidenced by its operations and, in turn, its developments.
Vermosa Green Run returns with a deeper commitment to the environment and an added run for dogs
May 23, 2023Due to insistent public demand, Vermosa Estate’s fun and healthy Green Run will be back on June 25, this time packing more treats and surprises for both serious and casual runners. This year’s theme is “We’re Back And Greener Than Ever”.