News and Updates
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”.
ALI 1Q23 net income up 42% to P4.5B
May 4, 2023Ayala Land, Inc. (ALI) started 2023 on a strong note, delivering solid growth in the first quarter of the year. Its diversified real-estate portfolio generated consolidated revenues of P30.9 billion, marking an increase of 26% year-on-year, and net income showed significant growth of 42%, reaching P4.5 billion. Despite the prevailing higher interest-rate environment, residential demand remained resilient, resulting in P27.7 billion in gross reservation sales, representing a 15% increase compared to last year. 68% of the sales were to Local Filipinos, 13% higher than a year ago. Meanwhile, sales to overseas Filipinos were almost the same as last year, while sales to other nationalities surged by 61%. They accounted for 19% and 13% of the total, respectively. AyalaLand Premier’s (ALP) Ciela in Cavite, Parklinks South Tower in Quezon City, ALP’s Arcilo and Avida’s Southdale Settings, both in Nuvali and Alveo’s The Lattice, also in Parklinks were the projects that received the most demand during the period. ALI launched three projects worth close to P9 billion during the quarter.
Cresendo Estate takes Tarlac to new heights
April 29, 2023t’s a promising, much awaited downtown that will soon define the next wave of growth in Tarlac. Cresendo, a 290-ha contemporary urban estate by property giant Ayala Land Inc., is poised to become the heart of progress in this province up north, given the exceptional potential it holds.
The Junction Place by Ayala Land Estates broadens opportunities in Novaliches, QC
April 29, 2023In the heart of Novaliches, Quezon City’s bustling commercial area, refreshing and new possibilities abound with The Junction Place by Ayala Land Estates. This 11-hectare mixed-use development brings a breath of fresh air in the midst of an urban setting. Centrally located in one of the most populous areas in the Metro, it is expected to serve at least half a million residents per day, serving as an oasis for convergence. Further, it offers viable investment opportunities as one last commercial lot is opened and now available for sale.
Ayala Land to accelerate rollout of new offerings, focuses on innovation
April 26, 2023Ayala Land, Inc. (ALI) has maintained its positive outlook for 2023 and beyond as it plans to introduce new offerings geared towards evolving market needs and to accelerate the rollout of more sustainable estates nationwide in line with the full reopening of the Philippine economy. Boosted by the return of mobility and public consumption to pre-pandemic levels, ALI’s diversified real-estate portfolio grew its consolidated revenues by 19% year-on-year to P126.6 billion in 2022. The company’s net income of P18.6 billion also marked a 52% increase over the previous year.