Ayala Land, Inc. (ALI) marked yet another milestone as it officially opened the Ayala North Exchange – the newest gateway to the Makati central business district. Ayala North Exchange is a signature mixed-use development seen to revitalize and strengthen Makati’s position as the premier business capital of the Philippines.
Located along the northern portion of Ayala Avenue, Ayala North Exchange is a twin tower, mixed-use development with a combined gross leasable area of approximately 96,000 square meters.
The two office towers stand above a three-level retail podium with approximately 8,000 square meters of restaurants and shopping spaces. Located in one office tower is the Seda Residences Makati, the first serviced apartment and the 10th property in the Philippines under the Seda Hotels brand.
The development also features a 2,600-square-meter civic space connected to Makati’s elevated walkway for increased connectivity and pedestrian mobility.
The Ayala North Exchange is one of the latest additions to the portfolio of AyalaLand Offices, the country’s leader in the office real estate sector with over 1.1 million square meters of leasable space in key cities nationwide. AyalaLand Offices offers a comprehensive line of prime office real estate solutions found in strategic sites with large populations or central business districts.
“We take into account the varying needs of our clientele, among whom are leading multinational corporations and BPOs, and develop our properties according to global standards complemented by amenities and reliable facilities management,” said Ayala Land Offices head Carol Mills.
Office properties form a significant part of ALI’s growth strategy as the company recently announced plans to take part in Real Estate Investment Trust (REIT) with prime commercial office assets in Makati.
Ayala North Exchange is a mixed used development with offices, a retail podium and serviced apartments by Seda.
At the formal opening of Ayala North Exchange: (L-R) Al Legaspi President & CEO, Ayala Land Hotels & Resorts Corporation; Carol Mills, Head, Ayala Land Offices; Junie Jalandoni, SVP & Commercial Business Group Head, Ayala Land; Makati Mayor Abby Binay; Bobby Dy, President & CEO, Ayala Land; Makati Vice Mayor Monique Lagdameo; Manny Blas, Makati & BGC Estate Head, Ayala Land; and Yeng Tupaz, Head, Ayala Malls.