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Ayala Land, Inc. (ALI) is a full line real estate firm based in the Philippines. It is a subsidiary of Ayala Corporation. It began as a division of Ayala Corporation until it was spun off and incorporated in 1988. It became publicly listed in the Philippine Stock Exchange (PSE: ALI) in July 1991.
In November 2012, the Philippine government announced the sale of the 74 hectares (183 acres) of the 120 hectares (297 acres) property to Ayala Land, Inc. (ALI) for ₱24.3 billion. [ 5 ] [ 6 ] Ayala plans to turn the property into a mixed-use development , now known as Arca South .
Ayala Malls is a retail subsidiary of real estate company Ayala Land, an affiliate of Ayala Corporation. Founded in 1988, [1] Ayala Malls owns a chain of large shopping malls, all located in the Philippines. Ayala Malls is one of the largest shopping mall retailer in the Philippines, along with SM Supermalls and Robinsons Malls. [2]
The company gained another property the following month; The 30th, a commercial center in Pasig, under a long-term lease from its sponsor Ayala Land. [ 14 ] In January 2021, AREIT acquired 9.8 hectares (24 acres) of land in Laguna Technopark through a 7-year lease from Integrated Micro-Electronics .
Ayala has recently sealed a deal with a group led by Ignacio Ortigas for the development of the Ortigas family's land bank area. [ 18 ] Trident Infrastructure and Development Corporation (TIDC) - Formerly known as "Team Trident" and "the super consortium", is a joint-venture between Aboitiz Equity Ventures, Inc. (AEV), Ayala Land Inc. (ALI ...
In August 2015, Ayala Land acquired a majority stake in Prime Orion Properties, the leaseholder and developer of Tutuban Center. [11] The company officially took over ownership and management of the development in February 2016. [12] The mall's management firm was renamed Ayala Land Logistics Holdings Corp. in February 2019. [13]
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It is operated by its subsidiary, Ayala Malls. It is located at McKinley Parkway, Bonifacio Global City, Taguig, Metro Manila, Philippines. Groundbreaking was conducted in August 2002 [1] and the mall opened on September 16, 2004. The mall caters to the middle market, unlike other Ayala malls, which cater to the upper socioeconomic class. [2]