Ayala Land Inc. (ALI) spent P1.161 billion for expansion and land banking in the fourth quarter of 2022.
ALI funneled P849 million into ongoing estate development project in Quezon City with Eton Property of ultra bilyonaryo Lucio Tan.
It also invested to buy land in Caloocan (P157 million) and Quezon City (P155 million).
The funds came from the remaining balance of the P3.7 billion ALI raised from the sale of
87.37 million AREIT shares in April this year.
Hospitality management group AHG is exploring new resort concepts which it hopes to introduce in the Philippines as part of its potential expansion.
A growing number of vehicle owners at BF Homes in Parañaque are growing distressed over the recent spate of theft involving car mags and wheels.
Former Monetary Board member Cesar Buenaventura took some profits from his stock investments in red-hot DMCI Holdings.
Satori Residences, the newest residential development in Pasig City of Consunji-led DMCI Homes, is set to welcome its first batch of residents next month.
There’s a growing call for mall giants SM and Ayala to offer parking spaces for bikes to encourage more people to take greener modes of transport.
“Usapang Bilyonaryo” is a digital-first, hybrid magazine show hosted and produced by veteran broadcast journalist Ces Oreña-Drilon in cooperation with the Bilyonaryo.com team. The 30-minute TV cut airs on CNN Philippines at 8 PM every Monday, starting January 16. The full version or producer’s cut of each episode, as well as interview splices, will be posted on Bilyonaryo.com’s Youtube and Facebook accounts.
