News and Updates
Malls Move Up the Metropolis
September 26, 2022How Ayala malls are the heart of the country’s CBDs, helping shape the communities’ evolving lifestyle Through our history, plazas were the center of convergence for towns or cities. It was the physical, economic, social, cultural, and religious center and served as the venue for the community’s events.
Forging Ahead in Full Speed With The Community in Mind
September 16, 2022Businesses have come and gone along with decades of various changes in society, technology and the way people live. All of these affect the landscape of how we do things today. For Ayala Land Inc. (ALI), it forges ahead with the signs of the times but its vision remains the same – to enhance land and enrich lives for more people by turning land into progressive developments that enable communities to realize their full potential.
Ayala Land is top PH company at 19th International Business Awards
September 10, 2022Ayala Land, Inc. (ALI) won the most number of Stevies among Philippine corporations at the 19th annual International Business Awards. ALI bagged a total of 12 Gold, Silver, and Bronze Stevies at the business awards program which recognizes the achievements of organizations and working professionals worldwide.
AREIT 1H22 net income up 64% to P1.6B
August 16, 2022August 15, 2022 – AREIT, Inc. (AREIT) posted strong results in the first half of 2022 on account of stable operations and the contribution of assets acquired in 2021. Net income (excluding fair value change in investment properties and the one-time gain on finance lease) registered at P1.61 billion, 64% higher year-on-year, driven by revenues, which increased by 67% to P2.36 billion. At the same time, Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) grew 62% to P1.70 billion compared to last year. AREIT recorded an average occupancy of 97% and a rental collection rate of 98%, reflecting high-quality tenancy across its properties.
ALI 1H22 net income up 34% to P8.1B
August 7, 2022Aug 5, 2022 – Ayala Land Inc. (ALI) registered continuing growth leading to a strong first half of 2022 due to the improved operations of its various business segments. Net income amounted to P8.1 billion, up by 34% year-on-year. The second quarter operations posted a net income of P4.9 billion, 51% higher year-on-year and up 55% versus the first quarter of 2022. Consolidated revenues totaled P53.3 billion, 9% higher year-on-year, with the second quarter revenues amounting to P28.7 billion, 18% better than the same period last year and 17% more than the first quarter of 2022.
Ayala Land lists P33B fixed-rate bonds, its largest bond issuance yet
July 7, 2022Ayala Land, Inc. (ALI) successfully listed its new P33-billion fixed-rate bonds due 2024, 2027, and 2029 last July 4 at the Philippine Dealing and Exchange Corporation (PDEX). The Series A bonds due 2024 carry a coupon rate of 4.3969% per annum (p.a.); Series B due 2027 with a coupon rate of 6.2110% p.a.; and Series C bonds due 2029 with a coupon rate of 6.8045% p.a.
MDC and subsidiaries receive latest world-class Integrated Management System certifications
July 4, 2022MDC and its subsidiaries, namely MDC BuildPlus, Inc. (MDC BP), MDC ConQrete, Inc. (MCI), MDC Equipment Solutions, Inc. (MEQ), and MDBI Construction Corp. (MDBI), have recently received the latest world-class Integrated Management System certifications for Occupational Health and Safety (ISO 14001:2015), Environmental Management (ISO 45001:2018), and Quality Management (ISO 9001:2015) Systems.
Ayala Land and Samsung Officially Seal Partnership for the Performing Arts Theater at Circuit Makati
July 4, 2022Ayala Land and Samsung officially seal their partnership for the Samsung Performing Arts Theater in Circuit Makati through a ceremonial signing. (L-R: Shiella Aguilar – Project Development Head of Makati, Ayala Land Estates; Mel Ignacio – Project Development Head of the Makati Estates, Ayala Land Estates; Bobby Dy – President and CEO, Ayala Land; Minsu Chu – President and CEO, Samsung Electronics Philippines Corporation; Taekyun Kim – Chief Financial Officer, Samsung Electronics Philippines Corporation; Ramon Medina – Head of the Consumer Electronics Division, Samsung Electronics Philippines Corporation)
‘Back to Grass, Back to You’… Ayala Land Communities Reshape the Future
June 13, 2022When you hear the words “thriving growth centers,” what image comes to mind? “Back to Grass, Back to You” Campaign by Ayala Land, Inc. (ALI) acknowledges how the pandemic has redrawn the ideal picture of progressive communities that boost opportunities for business and economy to thrive. From being used to large clusters of tall buildings, people started to appreciate the green and open expanses that wrap around and connect these communities—the spaces we all learned to value more in these past two and a half years.
Ayala Land lists P12 billion fixed-rate bonds on PDEx
May 12, 2022Ayala Land, Inc. (ALI) listed its P12-billion fixed-rate bonds due 2028 on the Philippine Dealing & Exchange Corp. (PDEx) on May 5, 2022 This 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. The bond offering was well-received by the market, having gathered P60 billion in orders or 5x the issue size.
AREIT 1Q22 net income up 59% to P796M
May 12, 2022AREIT, Inc. (AREIT), the first Philippine Real Estate Investment Trust, recorded a net income of P796 million, 59% higher than the first quarter of 2021 (excluding fair value change in investment properties), driven by higher revenues from stable operations and the contribution of assets acquired in 2021. Total 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.
‘Fifty Years and Forward’ captures the persevering legacy of Makati CBD and its founders
April 28, 2022On its 59th year, the Makati Central Business District (CBD) will have its vibrant history immortalized in Makati Central Estate Association Inc.'s (MACEA) newlyreleased "Fifty Years and Forward" coffee table book. This publication is the first book to recount the genesis of the iconic Makati CBD, which molded the dynamic culture and community of the area as it is known today.