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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 Corporation (Spanish: Corporación Ayala, formerly Ayala y Compañía; lit. ' Ayala & Company ' ) is the publicly listed holding company for the diversified interests of the Ayala Group. Founded in the Philippines by Domingo Róxas and Antonio de Ayala during Spanish colonial rule , it is the country's oldest and largest conglomerate .
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]
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 ]
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.
Marquee Mall is a shopping mall owned and operated by the North Beacon Commercial Corporation, a 100% wholly owned subsidiary of Ayala Land. It is located in Barangay Pulung Maragul, Angeles City, Philippines. The mall has a land area of 9.3 hectares (23 acres) and a gross floor area of 140,000 square meters (1,500,000 sq ft).
From December 1999 to December 2004, the depot was idle space [citation needed] until an agreement was signed between Ayala Land and the Fil-Estate Group with the former buying the latter's 30.89% stake in the North Triangle Depot Commercial Corporation for ₱600.1 million, and in exchange a land situated along Ayala Avenue, Makati and other ...
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]