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Ayala Land to take full control of Gatewalk Central project

Ayala Land to take full control of Gatewalk Central project ARTIST’S PERSPECTIVE. Ayala Land says it envisions Gatewalk Central to be one of its key Cebu estates that will contribute to its growing presence in the Visayas region. / GATEWALK CENTRAL FACEBOOK AYALA Land Inc. (ALI) is buying out its partner Aboitiz Land and Aboitiz Equity Venture (AEV) to take full ownership of C...

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Seda set to open 2nd hotel in Cebu

AYALA LAND, Inc. (ALI) is opening its second Cebu City hotel under the Seda brand in January 2020, amid growing demand from tourists and business travelers. Seda Central Bloc will rise within ALI Central Bloc community in the Cebu IT Park business district. The 17-storey hotel will have 214 rooms, including 48 serviced residences. In a statement, Andrea Mastellone, senior group general ma...

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Seda set to open 2nd hotel in Cebu

AYALA LAND, Inc. (ALI) is opening its second Cebu City hotel under the Seda brand in January 2020, amid growing demand from tourists and business travelers. Seda Central Bloc will rise within ALI Central Bloc community in the Cebu IT Park business district. The 17-storey hotel will have 214 rooms, including 48 serviced residences. In a statement, Andrea Mastellone, senior group general ma...

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Ayala Group’s power unit takes control of San Carlos solar firm

AC ENERGY Philippines Inc. (Aceph), the power unit of the Ayala Group, signed a P2.78 billion share purchase agreement to own a controlling stake in San Carlos Solar Energy Inc. (Sacasol) in Negros Occidental. Aceph is acquiring the ownership interest from the Philippine Investment Alliance for Infrastructure (Pinai). The listed power firm signed the agreement with Macquarie Infrastructure H...

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Ayala estate to rise in Tarlac City

AYALA LAND, Inc. (ALI) is looking to replicate Tarlac City’s beloved poblacion within its new mixed-use estate Cresendo. The property giant recently launched the 290-hectare Cresendo, envisioned as a “modern local community” with residential, commercial and industrial components. At the heart of Cresendo is a 30-hectare urban core with a 1.5-hectare central plaza with a chu...

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Ayala Corp. investing $237.5M in Myanmar conglomerate Yoma Group

MANILA, Philippines — Ayala Corp. is taking a $237.5 million stake in the Pun family’s Yoma Group, marking the largest Philippine conglomerate investment in Myanmar. Ayala said in a stock exchange filing on Thursday that the deal will give it 20 percent of the Myanmar conglomerate, which is comprised of two holding companies: Singapore-listed Yoma Strategic Holdings Ltd. (YSH) and M...

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