ALI News

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Ayala Land to use The 30th proceeds to develop 7 projects

By: Doris Dumlao-Abadilla – Reporter / @philbizwatcherPhilippine Daily Inquirer / 04:00 AM January 19, 2021

Property giant Ayala Land Inc. (ALI) plans to recycle P5.11 billion in proceeds from the sale of The 30th commercial hub to AREIT Inc. for the development of seven commercial facilities and land parcels across the country.

The project pipeline consists of two mixed-use offices and malls located within Metro Manila and Cebu, one mall in Metro Manila, one office project also in Metro Manila, and three land parcels located in Cavite, Pampanga and Tarlac provinces, ALI and AREIT disclosed to the Philippine Stock Exchange on Monday.

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COVID-19 Response

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To our employees, partners and friends,

In these most trying times, those significantly affected by the COVID-19 situation are the thousands of workers that will be affected by the enhanced community quarantine because their places of work have been closed. These include retail workers, construction workers, service providers, security agencies and employees of many similar businesses who are largely on a no-work-no-pay type of employment.

The Ayala group as a whole, has decided to adopt a COVID-19 emergency response package of P2.4B consisting of wages, bonuses, leave conversions and loan deferments primarily for the extended workforce of our partner employers so they may continue to be paid for the duration of the quarantine period. These include P600M in salary continuance for displaced workers from construction sites, shuttered malls and retail spaces of Makati Development Corporation and the Ayala Malls group. Globe Telecoms has earmarked P270M for its retail store support staff and vendor partners while all other Ayala companies will reserve another P130M in personnel-related financial support.

Furthermore, Ayala Malls will be providing a rent-free period for malls that are not allowed to operate during the community quarantine from March 16 to April 14. The total package will be worth around P1.4B in rent condonation to provide the merchants of these malls financial relief so they can in turn provide the much-needed financial support for their employees during this period.

For its own employees, Ayala will continue to provide salary continuance and financial support where possible as most of these employees will be getting their mid-year bonuses normally paid in April starting today through the end of March. Ayala has also postponed or delayed employee loan payments due to the Ayala Multi-Purpose Cooperative and have introduced special financial assistance programs at subsidized rates.

Ayala continues to ensure that those who are most directly affected by this emergency are taken care of through these financial assistance measures.

As always, stay healthy and be safe.

Jaime Augusto Zobel de Ayala and
Fernando Zobel de Ayala

Ayala Profits Up

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Ayala Land 2019 Profit Up 13% at PHP33.2 Billion
By Ben Otto

Philippine property developer Ayala Land Inc. reported 2019 net income rose 13% partly due to strong sales in office, commercial and industrial lots.

Ayala Land, a unit of Manila-based conglomerate Ayala Corp., posted net income of 33.2 billion Philippine pesos ($657.8 million) for the year, the company said in a stock-exchange filing Friday.

Revenue for the year was PHP168.8 billion, up about 2% on year, it said.

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Parklinks South Tower – 1br Options

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One-Bedroom Options in Parklinks South Tower (Pasig)
* Terms valid if unit is reserved January 2020


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For inquiries:
M: +63.917.502.9252
REBL 5279 / HLURB 000327

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Parklinks South Tower Availability

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Screen Shot 2019-10-25 at 5.58.31 PMScreen Shot 2019-10-25 at 5.58.45 PM

For inquiries:
M: +63.917.502.9252
REBL 5279 / HLURB 000327

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Makati Subway News

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Ambitious Makati subway plan sees the light of day
By: Daxim L. Lucas – Reporter / @daxinqPhilippine Daily Inquirer / 03:40 AM October 16, 2019


Ambitious Makati subway plan sees the light of day

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For the most part, Makati City—the country’s premier business district—is at par with other centers of commerce and finance around the world.

It has many skyscrapers offering of grade A office space to multinational corporations, an abundance of retail establishments to satisfy all kinds of shopping needs and a multitude of food establishments catering to the dining needs of its estimated daytime population of four million workers.

But it has one key flaw: the planners of the city that rose from what was once a marshland a century ago failed to lay down the infrastructure for a mass transit system that would support the daily commute of office employees into and out of what eventually became the country’s most coveted address.

Apart from a creaky and stoppage-prone light rail system on one side and an antiquated and decrepit train line on the other, Makati commuters have to rely completely on an increasingly congested road network served by buses, jeepneys and cars—thousands of cars—resulting in daily vehicular traffic gridlocks around several key intersections, especially during the morning and evening rush hours.

That is about to change.

If plans don’t miscarry, a partnership between the Makati City government under Mayor Abby Binay and a private sector consortium led by Philippine Infradev Holdings of businessman Antonio Tiu will break ground on what will be the country’s first subway project.

“The benefits of this project will be massive,” Binay said. “It will benefit all the residents of the city, and even those who live in other parts of Metro Manila, because it will make it easier to travel within Makati and into or out of it.”

She explained that the subway project—with an estimated project cost of $3.7 billion—would also dramatically reduce vehicular traffic within the central business district when it came online in 2025.

“With a modern subway like this, you can leave your car at home or at designated parking spaces and travel to your appointments within the city by train,” she said. “It will be faster, cheaper and more convenient.”

According to the plans revealed by the consortium, the subway system will connect key points in the city such as the current central business district along Ayala Avenue, the Makati City Hall, the Poblacion heritage site, the University of Makati, Ospital ng Makati and the other new business districts within the city.

Its J-shaped 10-kilometer route will begin under the present site of the Makati Central Fire Station near the intersection of Ayala and Gil Puyat Avenues, and will end at the University of Makati at the border of Bonifacio Global City in Taguig. The original proposal called for a U-shaped route that would have started under the former Hotel Intercontinental at the corner of Ayala Avenue and Edsa, but no agreement could be reached by the project proponents with Ayala Corp. which owned the bulk of the properties along the country’s most expensive business address.

“In any case, we can add that later on if they change their minds,” Tiu said. “For now, the project that we have will be very beneficial, viable and profitable for all the stakeholders.”

The proposed dual track subway system will have up to 10 air-conditioned, underground stations that can accommodate up to six car trains, with a room for over 200 passengers per car. Over 700,000 passengers per day will be accommodated and served by the proposed mass transport system.

It will complement other mass transport systems, such as the Metro Rail Transit 3 on Edsa, the Pasig River Ferry System and the proposed Metro Manila Mega Subway.

Philippine Infradev said it planned to extend the subway out of Makati, possibly to the neighboring cities of Pasay, Pasig, San Juan, Mandaluyong or Manila.

Apart from the revenue share, the subway system is seen to improve the flood system of the participating city, given that good pumping and drainage system will be installed underground.

“At the same time, this project will also create thousands of jobs during the construction phase, as well as during the operation phase,” Tiu said, explaining that, apart from the subway’s operations, the 10 subway stations will also create a mini retail boom through the retail stores and dining establishments that will locate in the air-conditioned premises.

“It will be similar to what you can find in Hong Kong, Singapore or Tokyo,” he said.

Already, Mayor Binay is looking way beyond the subway’s completion in 2025.

“Yes, this will make this great city even greater,” she said. “But more importantly, it will also be our legacy to future generations: the country’s first subway system.”

Fingers crossed.


Ambitious Makati subway plan sees the light of day

Parklinks Model Unit Photos

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M: +63.917.502.9252
REBL 5279 / HLURB 000327

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ALI Offsetting Greenhouse Gas

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ALI to offset 70% greenhouse gas by year-end
Published September 14, 2019, 10:00 PM
By Emmie V. Abadilla


The country’s top property developer, Ayala Land, Inc. (ALI), will offset 70 percent of its greenhouse gas (GHG) emissions this year-end and expects net-zero carbon emissions in its malls, offices and other commercial properties by 2022, eight years earlier than the national target date.

Corporate entities are among the world’s largest polluters, emitting greenhouse gases (carbon dioxide, methane, nitrous oxide, and ozone) that cause global temperatures to rise. Although the Philippines is not among the world’s top emitters, it is vulnerable to the effects of climate change.
Alfonso Javier D. Reyes, CEO of Direct Power Services, Inc., a wholly-owned subsidiary of ALI, said the company has been at the forefront of the country’s environmental sustainability campaign for over a decade.

The property firm has been measuring its carbon emissions since 2008 and working to minimize its footprint. Achieving “net-zero carbon” or becoming “carbon neutral” measures how successful the company is in offset its GHG emissions.

ALI follows four strategies to achieve carbon neutrality: Avoid emissions through passive cooling and sustainable architectural design; reduce fuel and energy use; shift to renewable energy (with minimal to zero emissions) and enhance carbon stock in forests via assisted natural regeneration.

While its carbon forests continue to expand in coverage, more of ALI’s commercial properties are shifting to renewable energy where available. These properties are “contestable customers” averaging at least 1,000 kilowatts per month and can opt to choose their own Retail Electricity Suppliers and energy source.

“When ALI announced its carbon neutrality goals, we began changing our energy mix, sourcing our electricity contracts from renewable energy plants and from suppliers who are able to provide us with carbon-offset certificates conforming to international standards,” explained Reyes.

“We account for the GHG emissions of our commercial properties and construction activities in our Integrated Report disclosures to help us manage our carbon footprint. The I-REC and VER certificates assure us of the integrity of the reductions and offsets,” added Anna Maria M. Gonzales, Sustainability Manager at Ayala Land.

ALI’s carbon forests are nurtured through volunteers mobilized by partner non-government organizations.

As of 2018, 42,057 new native trees have been planted, with an 80%-100% survival rate across the sites. By protecting existing trees, soil, and vegetation in the sites, ALI enhances the capacity of these forests to continue absorbing carbon dioxide from the atmosphere.

ALI’s renewable energy patronage also significantly reduced its carbon emissions. To date, ALI’s malls and offices have avoided 84,642 tons of carbon dioxide equivalent (t-CO2e) from the shift to renewable energy alone. This is equivalent to the emissions produced by 16,303 passenger vehicles driven for a year.

As of last count, UP-AyalaLand Technohub, an early adopter of renewable energy and ALI’s top consumer of electricity, avoided 15,497 tCO2e emissions in 2018 alone (equivalent to the emissions from 2,985 passenger vehicles driven for one year). Meanwhile, Ayala Malls Vertis North and Tutuban Properties Inc., also running on renewable energy, avoided a combined total of 10,168 tCO2e emissions (or the same amount of emissions from 906,115 gallons of diesel consumed).

Under the Paris Agreement, the Philippines targets to cut its overall greenhouse gas emissions by 70% by 2030. ALI’s carbon neutrality initiative and its earlier deadline of 2022 directly contributes to the national goal and the global effort to limit global warming to 1.5 degrees Celsius by 2030.


For property inquiries:

M: +63.917.502.9252
REBL 5279 / HLURB 000327

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Parklinks News

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Parklinks: Living amidst nature at Eton and Ayala Land’s greenest urban estate
By: Din M. Villafuerte – @inquirerdotnet Philippine Daily Inquirer
August 31, 2019


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Sustainable mixed-use estates designed with greenery and where everything is within walking distance—or at least an easy 10-minute drive—have that irresistible appeal to those who call this bustling yet crowded metropolis home.

Many city dwellers have therefore become more discerning when it comes to choosing a community to live in. Many are putting more effort in living an active and healthy lifestyle, wanting the right balance to counter the stress that living in this concrete jungle is bringing to their lives. It is no longer enough that one lives in a snazzy high-rise. Green is in and sustainability is the magic word when it comes to picking a neighborhood to build a home and start a family.

A joint project of Eton Properties Philippines Inc. (EPPI) and Ayala Land Inc. (ALI), Parklinks is a sustainable mixed-use development rising in Pasig and Quezon City which promises green, sustainable living alongside life’s modern conveniences. It will capitalize on the natural features of the Marikina River to be incorporated into high quality urban green spaces.

The 35-hectare estate is thoughtfully master planned to be the greenest urban estate in the metro as 50 percent of Parklinks will be dedicated to open spaces, and easy access to parks and open spaces will be a priority.

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The World Health Organization (WHO) has always highlighted the importance of green spaces and wetlands as “a fundamental component of any urban ecosystem.” Gardens, parks and sports fields motivate physical activity, promote recreation and encourage social interaction. People are inspired to walk when streets and avenues are lined with trees and plants, rather than take their cars and add to the already congested streets. According to the WHO, “physical inactivity, linked to poor walkability and lack of access to recreational areas, accounts for 3.3 percent of global deaths.”

Aside from benefiting one’s physical health, the WHO also pointed out the importance of green spaces to one’s mental well-being. “Some analysis suggests that physical activity in a natural environment can help remedy mild depression and reduce physiological stress indicators,” the WHO said.

Parklinks is designed with various zones where one can relax, engage, play, learn, appreciate and observe nature. One will find an experiential garden, waterfront entertainment, an outdoor amphitheater and an iconic bridge which will connect Quezon City and Pasig City.

There will also be an active and passive park with an interactive sculpture and a grand central lawn that will be lined with restaurants and cafes that will surely delight every foodie. Spaces for play and leisure such as a multipurpose lawn, a play lawn, an eco walk and a viewing deck that provides a peaceful and relaxing view of the Marikina River can also be found here.

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Plant enthusiasts can troop to Parklinks’ nursery and public seeding market. An herb garden and cafe will serve farm to table gastronomic delights. More waterfront open spaces, a boardwalk, and play and exercise stations to inspire physical activity will also be included in the design.

The estate will be home to Ayala Land Premier’s first luxury residential development along the C5 corridor. Parklinks North Tower will be facing the Marikina River and will feature a pool deck and outdoor lounge, allowing residents relaxing and tranquil views of the water. Residential projects by Alveo Land and Avida Land will also rise in Parklinks.

The lifestyle mall with 52,000 sqm of leasable space will serve as the anchor of the residential and business hub. It is envisioned to provide a whole new family-oriented lifestyle experience with its wide array of retail, dining and entertainment options set amidst the surrounding greenery of Parklinks. It will be situated at the estate’s C5 frontage and is expected to be completed in 2023. Staying true to the estate’s commitment to support a more active and healthy lifestyle to its residents and visitors, Parklink’s mall will also feature a 3,500 sqm sports complex that will be comprised of a basketball court, volleyball court, badminton courts and a fitness gym.

Phase 1 of Parklinks will also have three office towers in the pipeline. The first office project will be stacked on top of the Parklinks Mall that will offer a seamless mall experience for office workers and visitors.

The estate’s roads, utilities and land development are now at 85 percent completion. Parklinks’ signature 110-meter long and 25-meter wide signature bridge is expected to be finished by early 2021, along with the Eco Terraces and the Visitors’ Center. The Esplanade and the ALP tower are seen to be completed in 2025.


Parklinks is accessible via major thoroughfares: C5, Amang Rodriguez Avenue and Ortigas Avenue. It is also set to benefit from a 4-lane elevated flyover that will bypass the busy intersections of Eastwood and Greenmeadows which is part of the government’s Metro Manila Interchanges Construction Project Phase IV.

Future residents of the metro’s greenest urban estate need not worry, too, about getting to major central business districts such as the Makati Business District, Bonifacio Global City, Ortigas Center and Triangle Park in Quezon City.

Imagine the promise of being spared from the ordeal that is Metro Manila traffic and being allowed the convenience of living near your office, commercial establishments and places of leisure. Think of spending every day in a well-designed development where you can walk among trees and have your morning runs through parks and open spaces. Clearly, city dwellers should watch out for Parklinks, poised to be the greenest and healthiest neighborhood this side of the metro.

For inquiries:
M: +63.917.502.9252
REBL 5279 / HLURB 000327

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Ayala News

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Enhancing the streetscape of the premier business capital

MANILA, Philippines — The task of developing the country’s cities and infrastructure is an enormous one, and one that both the government and private sector alike continue to prioritize.

Ayala Land Inc. (ALI), the Philippines’ leading developer of sustainable estates, continues to contribute to this cause. It supports local government and works with various stakeholders to build new mixed-use developments and revitalize existing ones—all of which are designed to contribute to growth and to enhance one’s quality of life.


The focus of the company is not just on building structures to satisfy market demand, but on building estates based on the principles of “new urbanism”—creating urban and living areas that are dynamic, connected, functional and sustainable, well into the future.

ALI continues to invest in the redevelopment of established areas such as the country’s premier central business district—Makati. The company has so far invested P125 billion for the expansion and revitalization plan of the Makati Central Business District (CBD).

“Keeping a landmark such as the Makati CBD at pace with key cities around the world remains a top priority for Ayala Land. Working together with the Makati Commercial Estates Association or MACEA, we aim to strengthen even further the city’s status as the country’s premier business and lifestyle hub,” said Shiella Aguilar, project development head of the Makati estate.

The redevelopment of Makati has been deliberately planned in a way that all of its property components are brought together by an enhanced streetscape anchored by the longest covered elevated walkway in the country, which spans 1,100 meters from the Ayala MRT Station to Makati Medical Center.

At the archway and corner of Ayala Avenue and EDSA is the 2.8-hectare One Ayala Avenue development—an expansive, modern commercial hub with an intermodal transport facility that will be open by 2021. At the other end is the recently opened Ayala North Exchange, a mixed-use development with offices, an Ayala Malls and the first Seda Residences, all at a highly-accessible location at the northern end of Ayala Avenue.

Also nearing completion at the center of the CBD and within the Ayala Triangle Gardens are Tower Two and the Mandarin Hotel, which will provide Makati with a new premium office, hotel, and retail area.

Over the past 20 years, walkways either underground, on-ground or above-ground have been designed, planned and executed in accordance with the district’s constantly changing needs. These new developments will add significantly to the CBD’s overall connectivity, accessibility and pedestrian walkability.

These facilities that encourage walking instead of the use of automobiles are vital for sustainable living. A study conducted by the Norwegian University of Science and Technology showed that 100 of the highest-emitting urban areas around the world already account for nearly 20 percent of the global carbon footprint.


ALI continues to track and identify metrics in pedestrian-transit connectivity to improve its developments’ impact on all stakeholders.

Aguilar explained that the company’s pedestrian and transit connectivity tenet is focused on three areas, namely pedestrian priority-planning, the building of climate protected walkways, and providing for easy-to-access transit terminals.

Other Ayala Land estates in urban areas, such as Circuit Makati, Arca South, and Vertis North, also prioritize pedestrian-friendly streets and incorporate public transit connections in their master plans.

“The goal of sustainable development is building to make people’s lives better. Part of this is simply enabling people or providing them with the means to live sustainably, as more and more of us are aware of how we impact our climate and the environment,” Aguilar added.

Ayala Land’s holistic approach to building sustainable communities has earned for it various citations both here and abroad through the years, and has made it the only Philippine company included in The Robeco SAM Sustainability Yearbook 2019—the world’s most comprehensive publication on corporate sustainability.

This is the third consecutive year that ALI has been named one of the most sustainable companies worldwide.

Along with other ALI projects and developments, the revitalization of the country’s premier financial district into a more sustainable, smarter and more liveable city is a prime example of how the private sector can contribute to national development and economic growth—a model that is being replicated in other growth centers around the Philippines.

Ayala North Exchange: The newest gateway to Makati CBD

Ayala Land Inc. (ALI) officially opened Ayala North Exchange—the newest gateway to the Makati CBD—last June 18. The ceremony was led by Bobby Dy, president and CEO of ALI, Junie Jalandoni, senior vice president and group head for Commercial Business Group, Meean Dy, senior vice president and group head of Strategic Landbank Management Group with Mayor Abby Binay and Vice Mayor Monique Lagdameo of Makati City.

Ayala North Exchange, one of ALI’s signature commercial mixed-use developments, is located at the northern end of Ayala Avenue at the corners of Salcedo and Amorsolo streets.

The development features shopping and dining options, offices and a serviced apartment. Two office towers stand above a three-level retail podium with one office tower crowned by the first Seda Residences.

Fully leased, the office towers are now home to Bank of the Philippine Islands, Concentrix, Prulife, Novartis, Oracle Netsuite, Amaysim, AON, ISS, and Makati Medical Center. Ayala Land’s co-working facility, Clock In, will also soon open in the building.

The development features a 2,600-square-meter civic space where office workers can wind down and recharge any time of the day.


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