Blog
AREIT 2023 Income Up 43% to P4.9B; Declares 4Q23 Dividends of P0.55/share
February 29, 2024February 19, 2024 – AREIT, Inc. (AREIT), the first Philippine REIT, posted total revenues of P7.14 billion and Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) of P5.04 billion, 41% and 39% higher year-on-year respectively, on account of stable operations and consistent asset infusions. Net income registered at P4.93 billion, 43% higher year-on-year, excluding the net fair value change in investment properties. AREIT's properties recorded a 97% average occupancy at the end of the year, higher than the industry.
Ayala Malls Embarks on a Transformative Era of Retail Experience As It Revitalizes Its Flagship Malls
February 29, 2024Ayala Malls is gearing up to transform the customer retail experience with the redevelopment of its flagship malls this 2024. This move will see Ayala Malls’ four iconic malls – Glorietta, Greenbelt, TriNoma, and Ayala Center Cebu – reinvented to address the needs and tastes of a new era.
Ayala Land’s AREIT receives EDGE-Zero Carbon Certification for 8 Office Buildings
February 8, 202430 January 2024 – Ayala Land’s REIT subsidiary, AREIT, Inc. (AREIT) received EDGE Zero Carbon Certification for eight office buildings comprising 354,000 square meters, making Ayala Land and AREIT’s offices the largest EDGE Zero Carbon certified portfolio in the Philippines.
Finally, A Cancer Care Center For Filipinos
February 8, 2024Ayala Corp., under its AC Health unit, has pioneered the first specialty hospital for Filipinos seeking cancer treatment at a “most-cost competitive price” that (for some who can afford it) may spend to seek the best cancer treatment here or abroad.
SMC, ALI Agree To Connect Arca South To Skyway
February 8, 2024Diversified conglomerate San Miguel Corporation (SMC) and property giant Ayala Land Inc. (ALI) have signed an Integration Agreement to connect ALI’s Arca South on and off ramps into the Skyway system.
Ayala Land’s AREIT receives EDGE-Zero Carbon Certification for 8 Office Buildings
February 7, 202430 January 2024 – Ayala Land’s REIT subsidiary, AREIT, Inc. (AREIT) received EDGE Zero Carbon Certification for eight office buildings comprising 354,000 square meters, making Ayala Land and AREIT’s offices the largest EDGE Zero Carbon certified portfolio in the Philippines.
SMC, ALI Agree To Connect Arca South To Skyway
February 5, 2024Diversified conglomerate San Miguel Corporation (SMC) and property giant Ayala Land Inc. (ALI) have signed an Integration Agreement to connect ALI’s Arca South on and off ramps into the Skyway system.
Ayala Land congratulates Olympic Pole Vaulter EJ Obiena after being recognized as ‘Athlete of the Year’
January 23, 2024Ayala Land, Inc., the Philippines' leading and largest full-line property developer, congratulates EJ Obiena, the country's esteemed Olympic gold medalist in pole vaulting, who was recently honored with the title of "Athlete of the Year" by the San Miguel Corporation-Philippine Sportswriters Association (PSA).The 28-year-old pole vaulter, hailing from Tondo, Manila, achieved remarkable success by clinching gold medals in three international competitions. He also became the first Filipino athlete to join the exclusive "ultra-elite" 6.00-meter club in pole vault this year.Obiena's outstanding performance in a tournament held in Sweden not only earned him a silver medal but also secured his place as the first Filipino contender for the upcoming Paris Olympics this summer.His exceptional achievements throughout 2023 earned him the exclusive distinction of being named the sole recipient of the Athlete of the Year award.Obiena serves as an ambassador for Vermosa, one of Ayala Land’s estates, and utilizes the Ayala Vermosa Sports Hub (AVSH) as his designated training facility whenever he is in the country. AVSH strives to provide a comprehensive training facility for both amateur and professional athletes, offering a credible and secure environment for them to develop and refine their skills. In February last year, ALI committed to back Obiena's pursuit of the Olympics. Obiena also resides at The CityFlats whenever he is in Metro Manila. The CityFlats is a co-living space provided by ALI. It addresses the needs of young professionals and transient workers who desire independent and convenient living through a distinctive co-living experience. It offers a perfect blend of privacy with social interaction in a prime location.
Ayala Land signs P15-billion 10-year loan with Metrobank
January 23, 2024In the photo from left are: Metropolitan Bank and Trust Co. (Metrobank) Executive Vice President and Institutional Banking Sector Head Mylene A. Caparas, Metrobank President Fabian S. Dee, Ayala Land, Inc. (ALI) President and CEO Anna Ma. Margarita B. Dy and ALI Senior Vice President, Chief Finance Officer, Treasurer, and Chief Compliance Officer Augusto D. Bengzon.
Ayala Land congratulates Olympic Pole Vaulter EJ Obiena after being recognized as ‘Athlete of the Year’
January 12, 2024Ayala Land, Inc., the Philippines' leading and largest full-line property developer, congratulates EJ Obiena, the country's esteemed Olympic gold medalist in pole vaulting, who was recently honored with the title of "Athlete of the Year" by the San Miguel Corporation-Philippine Sportswriters Association (PSA).
Ayala Land signs P15-billion 10-year loan with Metrobank
January 12, 2024Makati City — Ayala Land, Inc. (ALI) and Metropolitan Bank & Trust Co. (Metrobank) have further strengthened their long-standing alliance through the successful execution of a 10-year loan amounting to P15 billion. Metrobank has solidified its position as the second largest lender to Ayala Land group, accounting for 23% of the company's overall bank debt.
Ayala Land unveils Arillo – An Eco-tourism Hub of Luxury Living and Sustainability in Nasugbu, Batangas
December 20, 2023Property developers Ayala Land, today broke ground for its newest estate, Arillo, set to redefine the concept of leisure and living in Batulao, Nasugbu, Batangas. Spanning over 62 hectares, Arillo offers a unique blend of eco-tourism, sustainable development, and luxurious living. With its strategic location between Nasugbu’s pristine beaches and the scenic beauty of Tagaytay, Arillo is poised to become the go-to destination for leisure and nature enthusiasts.