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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 2010, the second division of the Philippine Supreme Court rejected the challenges of the Greenhills East Association, and the developer said that the project (now described as a 77-story building with 8 basements) would proceed. [2] [3] The new owner, Ayala Land, acquired the building in 2016 and resumed the construction of the building.
In January 2016, Ayala Land and LT Group's Eton Properties Philippines entered into a partnership to jointly develop the 30-hectare Manggahan property owned by Eton and the adjacent 5-hectare Ugong Norte property owned by Ayala. [4] The joint venture, ALI Eton Property Development Corp., is 50% owned by Eton and 50% owned by Ayala.
The Ayala Techno Hub Iloilo is a two-hectare BPO and IT center. Ateneo de Iloilo , a private Catholic, Chinese-Filipino school, is also a part of the development. In November 2023, Atria Park District was relaunched with a new logo and developments including the Atria Gardens, a lifestyle garden district that will feature shopping and dining ...
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]
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]
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]
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 ]