Alveo Land - Team Cebu

15/06/2024

07/05/2024

Alveo Land, the upscale residential arm of Ayala Land, posted its strongest first quarter ever, recording a gross sales take-up of P12.7 billion.

28/04/2024

Ana Margarita Dy, the first woman to lead Ayala Land Inc., is drawing on the company’s rich heritage in constructing luxury projects and catering to affluent customers to expand the Zobel family’s property portfolio.

01/04/2024

PHI to attract int'I real estate investors, occupiers—Cushman & Wakefield

THE Philippines is emerging as an attractive destination for international real estate investors and occupiers, buoyed by its positive growth outlook, according to real estate services firm Cushman & Wakefield.

"Southeast Asia's comparatively strong GDP (gross domestic product) forecast has made it a bright spot in the global economy," Cushman & Wakefield's Head of Global Occupier Services for Asia-Pacific Cameron Ahrens said in a statement last week.

SOURCE Business World
https://www.bworldonline.com/property/ 2024/03/12/580944/phl-to-attract-intl-
real-estate-investors-occupiers-
cushman-wakefield/

This material has been prepared solely for informational purposes only, and the contents are based upon or derived from the source stated above. Alveo Land accepts no liability with regard to the user's reliance on it.

21/03/2024

Expansions, upgrades fuel Manila office market

The Metro Manila office market performed better than expected compared to our initial projections. Net take-up in 2023 more than doubled compared to the previous year, with transactions continuing to outpace lease surrenders. Despite new supply driving its marginal increase, the vacancy posted as of the end 2023 has averted the 20-percent level.
Colliers continues to note deals from traditional and outsourcing firms implementing a mix of flight-to-quality and flight-to-cost measures. The office market has also seen more expansions (50% of transactions) and new entrants (10% of transactions).

SOURCE Business World
https://www.bworldonline.com/editors-picks/2024/03/05/579250/expansions-upgrades-fuel-manila-office-market/

This material has been prepared solely for informational purposes only, and the contents are based upon or derived from the source stated above. Alveo Land accepts no liability with regard to the user's reliance on it.
ALVEO

20/03/2024

Investment management firm sees higher PH econ growth in 2024

The government's 6.5 to 7.5 percent economic growth target for this year is attainable as the projected decline in interest rates will help boost consumption and investments, a top official of Sun Life Investment Management and Trust Corporation (SLIMTC) said on
Thursday.

"It seems like it's something that's still attainable. Let's see when rate cuts are there and especially when those infrastructure projects are in," said SLIMTC Chief Investment Officer Ritchie To in a briefing at the Milestone Building in Bonifacio Global City in Taguig
City.

According to Teo, the Bangko Sentral ng Pilipinas (BSP) is projected to cut rates by a total of 100 basis points this year as inflation continues to ease.

SOURCE Philippine News Agency
https://www.pna.gov.ph/articles/1219371
This material has been prepared solely for informational purposes only, and the contents are based upon or derived from the source stated above. Alveo Land accepts no liability with regard to the user's reliance on it.
ALVEO

20/03/2024

PH can soar to become $2-trillion economy, says WEF

The Philippines can become a $2-trillion economy in the next decade -comparable with the size of Canada, Italy and Brazil today - if it could continue key reforms and sustain strong economic growth, the World Economic Forum (WEF) said.

"We are very bullish on the Philippines, provided the reforms do continue. I think that this can be, in the coming decade, a $2-trillion economy if there are further investments in education, infrastructure and also able to draw on the great competence of the people of the Philippines," WEF President Borge Brende told a press conference after the roundtable held at Malacañang.

SOURCE Philippine Daily Inquirer
https://business.inquirer.net/451045/ph-can-soar-to-become-2-t-economy-says-
wef

This material has been prepared solely for informational purposes only, and the contents are based upon or derived from the source stated above. Alveo Land accepts no liability with regard to the user's reliance on it.
ALVEO

17/03/2024

Manila claims top spot on luxury residential property list

Manila tops the list as the leading city globally in terms of property value appreciation in 2023.
According to a report by the London-based real estate consultancy Knight Frank, Manila surged from its 2022 position of 87th to now rank 1st.

The latest edition of the 100-city Prime International Residential Index (PIRI 100) by Knight Frank revealed that Manila's performance in 2023 surpassed its 2022 figures, climbing from a negative 1.6 percent to an impressive 26.3 percent. This growth even surpassed that of Dubai, one of the wealthiest cities in the world.

SOURCE Manila Bulletin
https://mb.com.ph/2024/3/9/manila-top-
spot luxury residential-property

15/03/2024

Real estate giant Ayala Land Inc. is absorbing through a merger 34 firms it owns directly or through wholly-owned subsidiaries AyalaLand Estates Inc. (ALEI) and AyalaLand Hotels and Resorts Corporation (AHRC).

In a recent briefing, ALI President and CEO Anna Ma. Margarita B. Dy said though that they are also."pragmatic in addressing potential challenges of a higher-for-longer' interest rate regime."

She said ALI will be launching P100 billion worth of residential projects and P15 billion worth of commercial and industrial properties this year.

Dy said 52 percent of the residential projects will be horizontal and 48 percent vertical while 44 percent will be in Metro Manila, 38 percent in South Luzon, 7 percent in Central Luzon, and 11 percent in Visayas and Mindanao.

13/03/2024

Here's where you'll be able to find the Metro Manila Subway's 17 stations when full operations start in 2029