Ayala Land

Retail Asia30/10/2018

Philippines shares regained on Friday after reduction in previous section, while regional markets fell in line with broader Asia. The previous session saw sharp losses in the Philippines and other regional markets, as a tech-fuelled rout on Wall Street spooked investors across Asia, leading to a massive sell-off in regional equities. Asian bourses are likely […]

Retail Asia27/06/2016

Ayala Land will team with conglomerate Aboitiz group to develop a commercial district on the central Philippine island of Cebu, part of a broader investment push outside its home base of Manila. The duo will manage the 10 billion Philippine peso ($215 million) project through a joint venture. The development will take place in the […]

Retail Asia17/05/2016

Developed and owned by Ayala Malls, a real-estate subsidiary of Ayala Land, which is an affiliate of Ayala Corporation, one of the oldest and most prominent family owned conglomerates in the Philippines. The firm is widely credited for spearheading the Central Business District in Manila in addition to championing education and the arts across the […]

Retail Asia08/04/2016

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Japanese convenience store chain Lawson is cautiously planning its expansion in the Philippines, which the company considers a key market to expanding its global presence. Under pressure to keep up with rival Japanese chains 7-Eleven, Ministop and Family Mart, which are rapidly opening new stores, Lawson President and CEO Genichi Tamatsuka said Tuesday that the company and […]

Retail Asia01/04/2016

Metro Retail Sales, Visayas’ largest retailer, has reported a rise in after-tax income of 20.6 per cent to P758.6 million (US$16.4 million) for 2015. Metro Retail (MRSGI)’s net sales grew 13.9 per cent to P32.5 billion last year from 2014, said the company in a disclosure to the Philippine Stock Exchange. Earnings before interest, taxes, […]

Retail Asia30/03/2016

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Philippine property giants are entering record capital expenditure programs in 2016, on the back of strong economy, according to the global property advisor Savills. Three of the eight biggest property developers – Ayala Land, SM Prime Holdings and Robinsons Land – are also the biggest mall developers in the country. “When the real estate boom […]

Retail Asia08/03/2016

Prime Orion Philippines (POPI), which developed and owns Tutuban Center in the shopping district of Divisoria, Manila, is being taken over by retail and property conglomerate Ayala Land. In a deal worth P5.625 million (US$118.41 million), it is acquiring a majority interest by subscribing to 2.5 billion common shares for P2.25 each. The shares represent […]

Tag: Ayala Land

SE Asia Stocks not looking good, Singapore hits 22-month low

Philippines’ Ayala Land taking commercial development to Cebu

Ayala Mall: Manila’s 250000 Sqm Shopping Centre

Lawson chases retail rival in Philippines

Metro Retail income soars 20.6 per cent

Philippine property giants turn to retail

Ayala Land takes control of Tutuban Center