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Ayala Land, Inc. (ALI), a pioneer in Philippine real estate, has been named "Best Real Estate Developer in the Philippines" by Euromoney, a global banking and finance authority. This award validates ALI's leadership position in the nation's real estate sector, emphasizing the company's dedication to innovation, sustainability, and community-based development. This newest success exemplifies ALI's long-standing objective of developing thriving, master-planned communities that improve Filipinos' quality of life while promoting economic growth and environmental sustainability. Over three decades of pioneering initiatives, ALI has been synonymous with innovation, quality, and good change.
“We are honored to receive this prestigious recognition from Euromoney as we execute on Ayala Land’s mission to Enhance Land and Enrich Lives for more Filipinos,” said ALI Senior Vice President, Chief Finance Officer and Treasurer, Augusto D. Bengzon. “With a sharp focus on delivering quality products that are guided by our sustainability imperatives, we will continue to strive to build more spaces that enable communities and families to thrive,” he added. ALI's success is founded on a varied portfolio that includes residential, mall, office, hotel, resort, and industrial logistics projects spread throughout 53 estates around the country. Despite industry-wide challenges, ALI continues to demonstrate resilience and agility. For the first nine months of 2024, the company's net income increased by 15% to P21.2 billion, while consolidated sales increased by 27% to P125.2 billion. Property development revenues increased by 34% to P76.6 billion, owing to greater residential and commercial lot bookings. These data demonstrate ALI's strong foundation and capacity to deliver value to stakeholders despite market headwinds while positioning itself for long-term development and success. In keeping with its forward-thinking approach, ALI has expanded its property portfolio by developing new estates such as Southmont in Cavite and Centrala in Pampanga, both geared to meet the demands of growing communities. Its industrial ventures, such as the Batangas Technopark, serve as hubs for economic activity and employment creation, supporting its role as a regional advancement progress. The Euromoney recognition extends beyond ALI to its residential brand, Alveo Land, which was named the "Best Residential Developer in the Philippines." Alveo Land's success is evident in the launch of seven developments across 13 strategic locations, as well as a reported P12.7 billion in gross take-up for the first quarter of 2024, a 29% year-on-year increase. Euromoney's twofold award reinforces the Ayala Land group's position as a pioneer in Philippine real estate, noted for its innovative approaches, sustainable practices, and dedication to quality. |
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BLOGGER Hi, I'm Ralph Gregore Masalihit! An RFP Graduate (Registered Financial Planner Institute - Philippines). A Personal Finance Advocate. An I.T. by Profession. An Investor. Business Minded. An Introvert. A Photography Enthusiast. A Travel and Personal Finance Blogger (Lakbay Diwa and Kuripot Pinoy). Currently, I'm working my way toward time and financial freedom. Follow me on FACEBOOK x PLACE YOUR ADS HERE PLACE YOUR ADS HERE Categories
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