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OUTLIER: ALI declines as market braces for new round of lockdown

INVESTOR concerns over stricter lockdown dragged property stocks, making Ayala Land, Inc. (ALI) the third most actively traded stock last week.

NLEX, ALI unit start rapid COVID-19 testing for employees

NLEX Corp. and Ayala Property Management Corp. (AMPC) have started conducting rapid testing for coronavirus disease 2019 (COVID-19) for employees as Metro Manila shifts to a modified enhanced community quarantine (MECQ) on Saturday.

ALI applies for PHL’s 1st REIT

AYALA Land, Inc. (ALI) has submitted an application to the Securities and Exchange Commission (SEC) for the country’s maiden real estate investment trust (REIT) offer.

ALI targets REIT offering this year

AYALA LAND, Inc. (ALI) said that it is still pushing through with its real estate investment trust (REIT) offering this year.

ALI unit ends JV with Gatchalian firms for Plastic City project

AVIDA LAND Corp. is cancelling its joint venture with Gatchalian-led Philippines Estates Corp. (PHES) and the subsidiaries of Wellex Industries, Inc. (WIN) for a proposed project in Valenzuela City’s Plastic City.

ALI to invest P8B in QC estate

AYALA LAND, Inc. (ALI) is investing P8 billion in a new mixed-use district in Novaliches, Quezon City.

ALI plans P10-B bond offering

AYALA LAND, Inc. (ALI) plans to raise P10 billion from the issuance of fixed-rate bonds by November, as the company completes its funding requirements for the year.

Milestone Ayala North Exchange is the new gateway to Makati CBD

Ayala Land, Inc. (ALI) marked yet another milestone as it officially opened the Ayala North Exchange — the newest gateway to the Makati central...

ALI ups stake in logistics unit

AYALA LAND, Inc. (ALI) tightens its grip on AyalaLand Logistics Holdings Corp. (ALLHC), formerly called Prime Orion Philippines, Inc., in exchange for a parcel of land in Muntinlupa.

ALI nets P7.3B in 1st quarter

AYALA LAND, Inc. (ALI) saw its net income rise 12% in the first three months, driven by higher residential sales and strong commercial leasing revenues.

Meralco in talks with ALI to put up microgrids in resort...

MANILA ELECTRIC Co. (Meralco) is studying the viability of putting up microgrid systems in popular tourist destinations outside its franchise area and replicate the hybrid energy system it is installing on Cagbalete Island in Quezon province.

ALI plans massive fund raising

AYALA LAND, Inc. (ALI) plans to raise up to P45 billion in fresh capital this year to partially fund general corporate requirements and to refinance loans.

ALI raises 2019 capex budget to P130 billion

AYALA Land Inc (ALI) said that it set a capital expediture (capex) budget of P130 billion this year, up from P110.1 billion a year earlier with the largest portion of the capex funding its residential projects.

ALI allots up to P10 billion for Seda Hotel expansion

AYALA LAND, Inc. (ALI) will be spending P8-10 billion until 2020 for the expansion of its homegrown hotel brand, as Seda Hotel enters new locations while expanding existing developments.

ALI unit expands Davao luxury residential project

AYALA LAND Premier (ALP) is launching the second tower of its luxury residential project in Davao City within the year, after seeing strong demand for the first tower where it generated P2.6 billion in sales.

ALI partners with two firms for Aurora, Quezon projects

Ayala Land, Inc. (ALI) is teaming up with Green Square Properties Corp. (GSPC) and Green Circle Properties and Resources, Inc. (GCPRI) for two projects...

Ayala Q1 profits hit P7.7B

By Arra Francia, Reporter THE real estate and power units of Ayala Corp. (AC) boosted its earnings for the first quarter of 2018, with net...

ALI Q1 profit rises on higher real estate, commercial revenues

Earnings of Ayala Land, Inc. (ALI) went up by 17% during the first quarter of 2017, supported by its aggressive real estate and commercial...

ALI plans KL residential project

By Arra B. Francia, Reporter AYALA LAND, Inc. (ALI) is furthering its international ambition with the acquisition of a four-hectare property in Malaysia’s capital city...

Ayala Land’s P10-billion fixed-rate bond offer secures top credit rating

By Arra B. Francia, Reporter AYALA LAND, Inc. (ALI) secured the highest credit rating for its proposed P10-billion fixed-rate bond issuance, according to a local...

Prime Orion to venture into industrial parks via share swap deal

Ayala Land, Inc. will swap P3 billion worth of shares in Laguna Technopark, Inc. (LTI) with Prime Orion Philippines, Inc. (POPI), allowing the latter...

Ayala Land to raise up to P25 billion from debt notes,...

Ayala Land, Inc. (ALI) plans to raise up to P25 billion of combined debts, bilateral term loans, and qualified buyer notes this year, to...

Ayala tightens hold on Tutuban Center owner

By Krista A. M. Montealegre, National Correspondent PROPERTY GIANT Ayala Land, Inc. (ALI) tightened its grip on the owner and developer of Tutuban Center in Divisoria...

ALI spends P10B on Cloverleaf

By Arra B. Francia, Reporter AYALA LAND, Inc. (ALI) has so far spent P10 billion for its 11-hectare mixed-use estate in Balintawak, Quezon City, five...

Ayala breaks ground on P20-billion Davao township

By Carmelito Q. Francisco, Correspondent DAVAO CITY — Companies behind the newest township development in the city, the Azuela Cove, hope to complete the project within the...