AYALA Land Inc. (ALI) on Tuesday said it is investing some P18 billion to transform a 290-hectare property, a former sugar mill in Tarlac into an integrated mixed-use estate that will function as a progressive new downtown. The estate, which it called Cresendo, will feature components, such as an industrial park, a residential and commercial areas. The property used to be part of the sugar mill...
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It has become a booming gateway north of Metro Manila—a compact urban hub that is breathing new life into this bustling community in Balintawak, Quezon City. This is Cloverleaf, an 11-hectare expanse developed by Ayala Land as Quezon City’s urban haven in Balintawak. This property giant is bringing to this part of the metro a fresh wave of developments that are seen to open up new o...
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Even in developed, densely populated areas, there is still room for change. And Ayala Land Inc. is making a showcase for such a refreshing possibility with its latest pocket urban development in Quezon City, where it is poised to offer a breath of fresh air, ease congestion in this urban location, and bring its signature expertise in developing masterplanned, sustainable communities. Rising...
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VISTA LAND & Lifescapes, Inc. expanded its earnings by 13% in the third quarter, as its real estate sales continued to grow. The Villar-led property developer posted a P3.16-billion attributable net income in the July to September period, from P2.87 billion a year ago. Consolidated revenues climbed 7% to P10.96 billion as expenses rose 12% to P6.98 billion during the same three months....
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ALLHOME Corp. said it is on track to hit its target of having 70 stores by next year as it opened three new stores in October. The Villar-led retail company said in a statement yesterday it is well on its way to reach its goal of securing a 7.1% market share in the home improvement industry by next year as it continues store expansion across the country. “We remain confident with our e...
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ABOITIZ Equity Ventures Inc.’s (AEV’s) net income for the first nine months of 2019 was P15.7 billion, nine percent lower than the P17.3 billion recorded during the same period last year. AEV recognized non-recurring losses of P155 million, lower than the previous year’s P407 million, representing net foreign exchange and derivative losses. Without these one-off losses, AEV...
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