Ayalas allot P88B to accelerate real estate expansion
Property giant Ayala Land Inc. has set a capital spending program of P87.6 billion this year to support the continued expansion across its units.
Ayalas reap in hefty profits from real estate business
Ayala Land Inc. reported a 19 percent jump in net profit last year to P20.9 billion on higher earnings across its property development business, coupled with the steady performance of its leasing portfolio.