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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 (180 acres) or 62% of the 120-hectare (300-acre) property to Ayala Land, Inc. for ₱24.3 billion. [2] [1] Ayala plans to turn the property into a mixed-use development. [2]
AREIT started out with three office buildings under its portfolio namely the Solaris One, Ayala North Exchange, and the McKinley Exchange all of which are in Makati. [9] [10] In January 2021, AREIT disclosed its acquisition policy saying a prospect property has to be "stable, with high occupancy, long term contracted leases with escalation" and that it is averse in investing on properties ...
The project for the Park Central Towers was publicly announced in August 2016 by its developer Ayala Land, replacing the Mandarin Oriental Manila, which was relocated to a new structure across the street. Park Central Towers was placed under the Ayala Land Premier brand. [1] The first building to be built was the Park Central South Tower. [1]
On July 5, 2012, Ayala Land Inc. (ALI) announced the development of Vertis North. The company initially invested ₱12 billion for the three-year development of Phase 1 of Vertis North. Phase 1 includes a Kukun Hotel, office buildings for business process outsourcing companies, and Bonifacio High Street-type retail areas in a 7-hectare area. [4]
Cebu Holdings, an affiliate of Ayala Land, is currently responsible for the development of Cebu Business Park. Integrating business, residential, sports, recreation and leisure facilities, the centerpiece of the business park is the 9-hectare Ayala Center Cebu shopping mall, which draws 60,000 shoppers daily. [1] [2]
Ayala North Point, is a real estate development project in Talisay, Negros Occidental created through a joint venture between Ayala Corporation and the Lacson estate. [1] The project, which began in 1988 in collaboration with the heirs of General Aniceto Lacson , former president of the Republic of Negros , is an ongoing development.
Glorietta (Tagalog: [gloɾˈjɛtɐ, gloɾˈjɛta]; stylized in all lowercase), also known as Ayala Malls Glorietta, formerly known as Quad, is a shopping mall complex in the Ayala Center, Makati, Metro Manila, Philippines. The mall is owned by Ayala Land and operated through its subsidiary, the Ayala Malls. The mall is divided into five ...