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Banking issues lift market

The local stock barometer returned to positive territory on Tuesday on the back of upbeat US economic data.

Posted: April 16th, 2014 in Headlines | Read More »

ALI to raise hotels capex


Property giant Ayala Land Inc. is investing around P11 billion to scale up its interest in the local tourism industry with the goal of doubling its hotel and resort room inventory to 4,100 by 2016.

Posted: April 10th, 2014 in Headlines | Read More »

ALI set for P6.8B Bulacan dev’t


Property giant Ayala Land Inc. has turned its attention north of Metro Manila as it plans to invest P6.8 billion over the next five years to develop Altaraza, a 98-hectare project in San Jose Del Monte, Bulacan.

Posted: March 27th, 2014 in Editor's Pick,Headlines | Read More »

Ayala Land marks second year in US by opening another office

Opening second Ayala Land office, left to right: Country Manager Bong Gutierrez, Deputy ConGen Jaimon Ascalon, Ayala Land Int'l President Antonino Aquino and Gen. Manager Anna Tatlonghari. PHOTO BY MANDY CHAVEZ

Business must be good. Ayala Land, the Philippines’ premier real estate developer, marked the second-year of its presence in the US by opening its second office here last Feb. 27.

Posted: March 19th, 2014 in Latest Business Stories | Read More »

Ayala Land buying Puerto Azul property for P2.3B


Property giant Ayala Land Inc. has gained a foothold in seaside estate Puerto Azul in Ternate, Cavite, with a deal to buy parcels of land worth P2.3 billion from Panlilio-led Boulevard Holdings Inc.

Posted: March 15th, 2014 in Headlines | Read More »

Ayala to buy P2.3 billion property in Cavite

Boulevard Holdings Inc

Ayala Land Inc. has signed a deal to acquire land in Ternate, Cavite, worth P2.3 billion from Puerto Azul landlord Boulevard Holdings Inc.

Posted: March 14th, 2014 in Latest Business Stories | Read More »

Ayala Land buys Mitsubishi’s stake in Philenergy


Ayala Land Inc. has struck a deal to buy out the 40 percent stake held by Mitsubishi Corp. in Philippine Integrated Energy Solutions, Inc.

Posted: February 24th, 2014 in Latest Business Stories | Read More »

Divided we… can’t borrow


The family rift at the Ortigas clan’s flagship property firm OCLP Holdings is causing much more than delays to potential takeovers by perennial rival suitors Ayala Land Inc. of the Zobels and the SM Group of taipan Henry Sy, both of which remain acquisition-hungry.

Posted: February 4th, 2014 in Headlines | Read More »

Bacolod court denies SM plea


The Bacolod Regional Trial Court has denied the petition of SM Prime Holdings Inc. (SMPHI) to declare it the winning bidder of the 7.7-hectare prime property of the Negros Occidental provincial government in Bacolod City, Gov. Alfredo Marañon Jr., said Monday.

Posted: February 4th, 2014 in Headlines | Read More »

Ayala Land acquires full control of El Nido resorts


Property giant Ayala Land Inc. is buying out its partner in its business operating a chain of resorts in El Nido, Palawan, a filing on Wednesday at the Philippine Stock Exchange showed.

Posted: November 21st, 2013 in Headlines | Read More »

Ayala Land profit jumps 30%

Screen grab from www.ayala.com.ph website

Property giant Ayala Land Inc. (ALI) said net profit in the first nine months of the year hit P8.6 billion, up 30 percent from a year ago, putting it within reach of a five-year, P10-billion income target a year ahead of schedule.

Posted: November 8th, 2013 in Latest Business Stories | Read More »

Ayala Land breaks ground in Quezon City project


Property giant Ayala Land Inc. broke ground on the commercial phase of the company’s newest flagship development, the 29-hectare Vertis North complex in Quezon City, where it plans to invest P65 billion over the next 10 years.

Posted: November 7th, 2013 in Headlines | Read More »



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