Property developer Ayala Land Inc. plans to roll out 30,000 residential units this year, with an estimated sales value of P107 billion.
Ayala Land said in a presentation during the recent analysts briefing it would launch 55 residential projects this year, with a total 30,000 units.
It said of the 30,000 units, about 13,000 housing units would cater to the economic and social housing segments.
Ayala Land said it also planned to launch eight office buildings, six shopping centers, five hotels and resorts, two commercial estates and two hospitals this year to boost recurring income.
“We will be boosting recurring part of the business, like shopping centers, offices, hotels, hospitals, departments stores and supermarkets. We will significantly increase our investments in these areas,” Ayala Land president Antonino Aquino said in a recent interview.
Aquino said Ayala Land would continue to ramp up landbanking activities to provide the company with good platform for future growth.
The company recently acquired an 11-hectare property in Balintawak, Quezon City that will be transformed into an integrated mixed-use township project.
The Balintawak property, the site of the former Central Textile Mills, will benefit from the planned connector road project that will connect the North Luzon Expressway to South Luzon Expressway.
“Balintawak property will be beneficiary of the SLEX/NLEX connector road. It can contain residential, office buildings for business process outsourcing companies, a hospital and a shopping center,” Aquino said.
Ayala Land said in a presentation during the recent analysts briefing it would launch 55 residential projects this year, with a total 30,000 units.
It said of the 30,000 units, about 13,000 housing units would cater to the economic and social housing segments.
Ayala Land said it also planned to launch eight office buildings, six shopping centers, five hotels and resorts, two commercial estates and two hospitals this year to boost recurring income.
“We will be boosting recurring part of the business, like shopping centers, offices, hotels, hospitals, departments stores and supermarkets. We will significantly increase our investments in these areas,” Ayala Land president Antonino Aquino said in a recent interview.
Aquino said Ayala Land would continue to ramp up landbanking activities to provide the company with good platform for future growth.
The company recently acquired an 11-hectare property in Balintawak, Quezon City that will be transformed into an integrated mixed-use township project.
The Balintawak property, the site of the former Central Textile Mills, will benefit from the planned connector road project that will connect the North Luzon Expressway to South Luzon Expressway.
“Balintawak property will be beneficiary of the SLEX/NLEX connector road. It can contain residential, office buildings for business process outsourcing companies, a hospital and a shopping center,” Aquino said.
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