THE STILES ENTERPRISE PLAZA BANKS ON OFFICE SECTOR GROWTH MOMENTUM

Alveo Land, a subsidiary of Ayala Land Inc, one of the Philippines’ leading real estate developers, recently launched the Grade-A, LEED-certified office condominium development to anchor the 21-hectare Circuit Makati, situated in the old Sta. Ana Racetrack, with redevelopment value of PHP39 billion (USD885 million).

Find out more from Mypropertyreport.com through link below:

http://www.my-property-report.com/articles/the-stiles-enterprise-plaza-banks-on-office-sector-growth-momentum

Arca South by Ayala Land

Ayala Land puts you at the core of a visionary destination attuned with contemporary lifestyles. Accessibility remains the key advantage of ARCA South through the government’s infrastructure program of creating a direct link from the Skyway. Through the extension of the C5 and C6 highways, the district will only be a few minutes away from NAIA, Makati City, and Bonifacio Global City.

74 hectares of mixed-use development presents a quality of life with myriad opportunities for growth – green spaces, refreshing streetscapes, integrated parking, best estate practices, diverse retail options, residential developments, and an intermodal transport system.

Get to learn more news and upated from Arca South.ph through link below:

About Arca South

MDC: Training skilled workers promotes inclusive development

Ayala Land subsidiary Makati Development Corporation (MDC), in partnership with the Technical Education and Skills Development Authority (TESDA), has graduated over 10,000 skilled workers from its training schools and assessment centers to date – thereby contributing to a more inclusive economic development that reaches out to local communities nationwide.

Get to learn more from Ayalaland.com.ph through link below:

MDC: Training skilled workers promotes inclusive development

 

Live, Work, Play: Updates on some of Metro Manila’s Mixed-use Projects

Because the real estate industry’s appetite for new land to develop is insatiable, a growing number of master-planned, mixed-use projects are currently being constructed in many parts of Metro Manila.

MyProperty.ph takes a look at some of these future self-contained “mini-cities” to see their progress.

Read more at : http://www.myproperty.ph/blog/property-profile/live-work-play-updates-metro-manilas-mixed-use-projects

Ayala, Filinvest eye Middle East projects

Real estate giants Ayala Land Inc. (ALI) and Filinvest Land Inc. (FLI) are eyeing projects that would cater to millions of Filipinos working in the Middle East as per Charito Plaza, director general of the Philippine Economic Zone Authority (PEZA).

Get full details from The Philippine Star by clicking the link below:

http://www.philstar.com/business/2016/11/24/1646719/ayala-filinvest-eye-middle-east-projects

 

Revolutionizing Active Living in Vermosa

Ayala Land furthers its thrust of promoting a healthy and active lifestyle by rallying a new breed of athletes as it unveiled another exciting spectacle—the Vermosa Active Revolution—to be held on December 3 and 4 inside the 700-hectare master-planned, mixed-use estate development in Cavite.

Residential as well as commercial land in Vermosa is also offered by developer Ayala Land. For more info on the properties for sale inside Vermosa, shoot an email to askiceldy@gmail.com

Get to learn more about Ayala Land’s Vermosa Active Revolution through this link below:

Revolutionizing Active Living in Vermosa

 

 

 

Ayala Land’s 9-month net income up 17% to P15.06 billion

“Our financial results continue to be positive and reflective of a buoyant real estate industry. New products introduced in our various estates in 2016 have started to contribute to our performance and are expected to help sustain our growth moving forward,” said Bernard Vincent O. Dy, ALI President and CEO.

Ayala Land, Inc. (ALI) continued to perform steadily in the past nine months of 2016, delivering a net income of P15.06 billion, a 17% increase from the P12.83 billion posted in the same period last year. Consolidated revenues reached P85.49 billion, 14% higher than the P75.05 billion it posted in 2015. Revenues from real estate increased by 15% to P80.50 billion, driven by the sustained growth of the residential and office for sale segments, and the strong performance of shopping centers.
“Our financial results continue to be positive and reflective of a buoyant real estate industry. New products introduced in our various estates in 2016 have started to contribute to our performance and are expected to help sustain our growth moving forward,” said Bernard Vincent O. Dy, ALI President and CEO.
As a leading developer of sustainable estates, ALI continues to concentrate on expanding its diverse property offerings within its current roster of 19 integrated mixed-use developments nationwide.
In Makati, ALI is developing One Ayala, a mixed-use complex with a first-of-its-kind intermodal transport hub at the corner of Ayala Avenue and EDSA. A Leadership in Energy and Environmental Design (LEED)-compliant office tower, a 300-unit condominium-for-lease tower, and a flagship 600-room Seda hotel will be built around the transport hub.
New properties were also launched at Circuit Makati, Bonifacio Global City and Arca South in Taguig City, Vertis North in Quezon City, Nuvali in Laguna, and Vermosa in Cavite.
In the Visayas, development is underway for the 17.5-hectare Gatewalk Central in Mandaue City, Cebu, while new projects are likewise being constructed at Cebu I.T. Park, Capitol Central in Bacolod, and Atria Park District in Iloilo. The company’s first eco-tourism estate, Lio in El Nido, Palawan, is also slated to open a 42-room hotel this December.
“The simultaneous development and constant enhancement of our estates provide an opportunity to unlock land values and add to economic activity in key locations in the country. We constantly work towards building an environment that enables businesses to grow and generate jobs,” Dy added.
Total revenues from property development, which includes the sale of residential lots and units, office spaces, as well as commercial and industrial lots, amounted to P52.61 billion in the past nine months of 2016, 12% higher than the P46.87 billion reported during the same period in 2015.
Sales from residential and office for sale projects reached a total of P84.32 billion during the period, 2% higher year-on-year, equivalent to an average monthly sales take-up of P9.36 billion. Ayala Land launched P49.2 billion worth of residential and office for sale projects in the past nine months of 2016.
ALI is also building up its recurring-income sources in line with plans to balance its development and leasing portfolios. The company’s commercial leasing business grew by 12% to P19.17 billion from P17.18 billion in the previous year, fueled by the simultaneous expansion of its malls, offices, and hotels and resorts portfolios.
The company recently unveiled enhancements of Tutuban Center, after it acquired majority interest in Prime Orion Philippines, Inc. (POPI) in February this year. This venture adds 50,000 square meters of gross leasable area (GLA) to ALI’s shopping center portfolio. Renovation work included the restoration of the heritage building where the original train station, built in the 1800s, first stood.
The first three quarters of 2016 likewise saw ALI launching Ayala Malls Legazpi, its first shopping center in the Bicol region. Meanwhile, the enhanced performance of malls such as U.P. Town Center in Quezon City and Ayala Malls Solenad in Nuvali, increased revenues from shopping centers by 15% to P10.59 billion from P9.24 billion generated in the same period in 2015. GLA from shopping centers is currently at 1.57 million square meters.
Resulting from the growing demand for office spaces, ALI’s office leasing portfolio also remains strong, generating revenues of P4.01 billion, 10% higher than the P3.63 billion posted in the same period last year. This was due to the higher average rental rates in existing office buildings and the positive contribution of new developments, such as Bonifacio Stopover and BGC Corporate Center in Taguig City. The company’s offices GLA is currently at 753,000 square meters.
ALI’s hotels and resorts business is likewise at a steady growth momentum. Revenues in the first three quarters of 2016 increased by 6% to P4.57 billion from the P4.31 billion generated in the previous year, driven by the improved revenue-per-available-room (REVPAR) of existing hotels and resorts developments. Total rooms registered at 1,991 across ALI’s international-branded hotels, Seda hotels, and El Nido Resorts.
To date, the company’s capital expenditure is at P63.9 billion, of which 40% and 27% were spent in completing residential and commercial leasing projects, respectively. ALI posted a solid balance sheet position in the past nine months of 2016, providing adequate capacity for the company to support its growth plans for year and beyond.

 

Read More: http://www.ayalaland.com.ph/2016/11/08/ayala-lands-9-month-net-income-17-p15-06-billion/

Ayala Land to triple real estate portfolio by 2020

“As part of its investment program ALI targets to triple its real estate portolio by 2020.”

 

MANILA, Philippines – Property giant Ayala Land Inc. (ALI) aims to triple its real estate portfolio by 2020 as part of an investment program to boost its net income to P40 billion in  the next six years.

In a briefing with analysts, ALI unveiled its six-year business plan which will see its inventory of shopping malls , office buildings and  hotel rooms grow threefold by 2020 from its 2013 capacity.

This translates to 3.6 million square meters of shopping space, 1.8 million sqm of office space, as well as 6,000 hotel and resort keys.

ALI, which developed the Makati business district, has  earmarked a record high P100.3 billion for capital spending this year to bankroll its  aggressive expansion program aimed at growing its net income by an average of 20 percent annually.

Of the total programmed budget, P37.4 billion will go to the construction of residential projects, P31.5 billion for land acquisition, P14.7 billion for new mall developments, P5 billion for new office buildings, P2.8 billion for hotels, and P8.9 billion for others.

Based on the current completion schedule, ALI will grow its office space by an average of 16.4 percent annually from 2014 to 2019. Shopping space is projected to expand 17.4 percent  annually from 2014 to 2017.

Hotel and resort keys are expected  to grow at an annual average of 14.4 percent from 2014 to 2019.  This includes 497,000 sqm of shopping center space, 693,000 sqm of office space, and 2,066 hotel and resorts keys.

ALI said most of the sites for these expansion are already in place, making these targets more feasible.

To support its robust growth trajectory, ALI will continue to launch projects aggressively as well as capitalize on its  8,639 hectares of landbank across the country.

Last year, ALI reported a net income of P14.8 billion or 26 percent higher than 2013 on the back of hefty revenues from its residential offerings and shopping centers.

ALI has five residential brands — Ayala Land Premier which caters to the high end segment of the property market, Alveo (upper middle class), Avida (middle-income), Amaia (low-cost) and Bella Vita (socialized housing).

It  is the property firm of conglomerate Ayala Corp., which also has interests in  utilities (Manila Water Co. Inc.), telecommunications (Globe Telecom Inc.), semiconductors (Integrated Microelectronics Inc.), banking (Bank of the Philippine Islands), and education (LiveIt Investments), among others.

Read More: http://www.philstar.com/business/2015/02/23/1426521/ayala-land-triple-real-estate-portfolio-2020