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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.
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]
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 Malls Central Bloc is a large shopping mall in Cebu IT Park developed by Cebu Holdings Incorporated, becoming the second Ayala Mall in Cebu City, Philippines in 25 years since the opening of Ayala Center Cebu [2] [3] and its fifth regional mall in Visayas and Mindanao. It has a gross leasable area (GLA) of 45,000 square meters. [4]
Ayala Center Cebu is a large shopping mall owned by Ayala Malls at the Cebu Business Park in Cebu City, Philippines. It is the first Ayala mall located outside of Metro Manila . It opened in November 1994, one year after their rival mall, SM City Cebu opened.
In 2017 and 2018, Ayala Land announced that it is investing ₱10 to 15 billion to expand its Seda Hotels chain to 11 branches and 3,268 rooms by 2020. The new branches announced are located near Ayala Corporation properties, particularly Seda Circuit Makati, Seda Arca South in Taguig, Seda Manila Bay beside Ayala Malls Manila Bay, and the second tower of Seda Nuvali.
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 ...
Also located adjacent to the mall's complex is a Seda Hotel and two office buildings, with the whole Central Bloc complex serving as Ayala's mixed-use development centerpiece of the business park, similar to its larger neighbor Ayala Center Cebu, which is located in the center of the larger Cebu Business Park that is just nearby. [10] [11]