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2013 BEST TIME TO INVEST IN THE PHILIPPINES
- 12th largest in terms of population - that represents a big market!
- 34th largest GDP in the world (as of 2012)
- 95% Literacy Rate, a vendor can communicate with a foreigner (in carabao english, but understandable)
- US$ 84-Billion in reserves - enough to pay all of our short term debts or 1-year import requirements
- Overseas Filipino Workers (OFWs) remain a favorite of the global employer, together with it are rising remittances (Remittance inflows were worth 8% of GDP in 2012 and proved resilient even through the shock of the global financial crisis)
- Philippine Peso (PHP) is strongest in Asia (as of 2012)
- Philippine Stock Market had 39-record highs last 2012 and continues to break record highs this year
- Over PHP 5-Trillion in deposits with over PHP 1.4-Trillion still idle (not loaned out)- Fitch Ratings upgraded the Philippines' Long-Term Foreign-Currency Issuer Default Rating (IDR) to 'BBB-' from 'BB+'
- The Philippine economy has been resilient, expanding 6.6% in 2012 amid a weak global economic backdrop. Strong domestic demand drove this outturn. Fitch expects GDP growth of 5.5% in 2013. The Philippines has experienced stronger and less volatile growth than its 'BBB' peers over the past five years.
Sources:
philstar.com; fitchratings.com; businessinquirer.net; reuters.com; www.gov.ph; cnbc.com
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- 34th largest GDP in the world (as of 2012)
- 95% Literacy Rate, a vendor can communicate with a foreigner (in carabao english, but understandable)
- US$ 84-Billion in reserves - enough to pay all of our short term debts or 1-year import requirements
- Overseas Filipino Workers (OFWs) remain a favorite of the global employer, together with it are rising remittances (Remittance inflows were worth 8% of GDP in 2012 and proved resilient even through the shock of the global financial crisis)
- Philippine Peso (PHP) is strongest in Asia (as of 2012)
- Philippine Stock Market had 39-record highs last 2012 and continues to break record highs this year
- Over PHP 5-Trillion in deposits with over PHP 1.4-Trillion still idle (not loaned out)- Fitch Ratings upgraded the Philippines' Long-Term Foreign-Currency Issuer Default Rating (IDR) to 'BBB-' from 'BB+'
- The Philippine economy has been resilient, expanding 6.6% in 2012 amid a weak global economic backdrop. Strong domestic demand drove this outturn. Fitch expects GDP growth of 5.5% in 2013. The Philippines has experienced stronger and less volatile growth than its 'BBB' peers over the past five years.
Sources:
philstar.com; fitchratings.com; businessinquirer.net; reuters.com; www.gov.ph; cnbc.com
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Ayala Land Premier Invests P3-B in Garden Tower Project
![Picture](/uploads/1/2/2/7/12271908/1372840103.jpg)
MANILA, Philippines – Ayala Land Premier will invest P3 billion to develop a new high-end residential development called “Garden Towers” in Makati City.
Jose Juan Jugo, Ayala Land Premier head, said Garden Towers is located in Ayala Center, now considered the “most premium residential block in Makati.”
“With its unique garden feature, the newest property-which notched a total sales of P2.1 billion worth of residential units in one day-aims to become the living, breathing space amid the urban dimensions present in this highly-cosmopolitan location,” says Jugo.
Jugo said the two-tower development symbolizes Ayala Land’s commitment to incorporating greens in its integrated mixed-use hubs across the country. The development will have pockets of greenery every two floors, and a significant portion of the 9,010 square meter lot area will be dedicated to exclusive gardens.
“Garden Towers boast of intuitively designed one- to four-bedroom units. Some of these units have sunrooms that are flexible indoor and outdoor spaces with floor to ceiling glass, and 2 rows of operable glass windows that allow future residents to maximize natural air and light,” Jugo said.
Ayala Land Premier has also invested P9 billion for the three-tower Park Terraces also in Ayala Center. Jugo said the three-tower development has a 84% unit take-up with the first two towers almost fully sold.
“The desire of city dwellers to experience such urban convenience is in fact evidenced by Ayala Land Premier’s pioneering residential enclave in Ayala Center-Park Terraces,” Jugo said.
Ayala Land is investing P60 billion in Makati within the next five years. This includes the P20-billion redevelopment of Ayala Center.
Ayala Center now houses the Greenbelt mall, newly renovated Glorietta mall, new Activity center, and will soon have three major hotels (the Holiday Inn and Suites, Raffles Makati and Fairmont Makati), new office buildings; open green spaces dubbed as the Terraces Square and the Palm Promenade; and high-rise residential properties from Ayala Land Premier.
- ABS-CBNnews.com
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Jose Juan Jugo, Ayala Land Premier head, said Garden Towers is located in Ayala Center, now considered the “most premium residential block in Makati.”
“With its unique garden feature, the newest property-which notched a total sales of P2.1 billion worth of residential units in one day-aims to become the living, breathing space amid the urban dimensions present in this highly-cosmopolitan location,” says Jugo.
Jugo said the two-tower development symbolizes Ayala Land’s commitment to incorporating greens in its integrated mixed-use hubs across the country. The development will have pockets of greenery every two floors, and a significant portion of the 9,010 square meter lot area will be dedicated to exclusive gardens.
“Garden Towers boast of intuitively designed one- to four-bedroom units. Some of these units have sunrooms that are flexible indoor and outdoor spaces with floor to ceiling glass, and 2 rows of operable glass windows that allow future residents to maximize natural air and light,” Jugo said.
Ayala Land Premier has also invested P9 billion for the three-tower Park Terraces also in Ayala Center. Jugo said the three-tower development has a 84% unit take-up with the first two towers almost fully sold.
“The desire of city dwellers to experience such urban convenience is in fact evidenced by Ayala Land Premier’s pioneering residential enclave in Ayala Center-Park Terraces,” Jugo said.
Ayala Land is investing P60 billion in Makati within the next five years. This includes the P20-billion redevelopment of Ayala Center.
Ayala Center now houses the Greenbelt mall, newly renovated Glorietta mall, new Activity center, and will soon have three major hotels (the Holiday Inn and Suites, Raffles Makati and Fairmont Makati), new office buildings; open green spaces dubbed as the Terraces Square and the Palm Promenade; and high-rise residential properties from Ayala Land Premier.
- ABS-CBNnews.com
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2013 Ayala Land Corporate AVP: Beyond
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Visit Ayala Greenfield Estates and discover the healing wonder of nature's majestic views and surroundings
Coffee Heaven
June 29 and 30
Savor both brew and view with a spread of coffee flavors enjoyed amidst the majesty of nature
Sweet Escape
July 6 and 7
Treat yourself to a relaxing massage while enjoying the sounds of nature
Fruits & Flavors
July 13 and 14
Drink to health with a medley of fresh fruit shakes in smooth, sweet and satisfying concoctions
Fresh Taste
July 20 and 21
Celebrate the best of healthy living with an organic fair
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Coffee Heaven
June 29 and 30
Savor both brew and view with a spread of coffee flavors enjoyed amidst the majesty of nature
Sweet Escape
July 6 and 7
Treat yourself to a relaxing massage while enjoying the sounds of nature
Fruits & Flavors
July 13 and 14
Drink to health with a medley of fresh fruit shakes in smooth, sweet and satisfying concoctions
Fresh Taste
July 20 and 21
Celebrate the best of healthy living with an organic fair
_____________________________________________________________________
Ayala Land to venture into Hospital Business
![Picture](/uploads/1/2/2/7/12271908/1132183.jpg?305)
MANILA, Philippines - Property giant Ayala Land Inc. is venturing into the healthcare business to add to the holistic offerings of its mixed-use projects.
Ayala Land, the country's biggest property firm in terms of assets, is initially eyeing a P600-million deal that involves a hospital in Iloilo in Western Visayas.
"We plan to provide hospital buildings as part of our mixed-use developments, much like schools, malls and hotels as part of the communities we will develop," Ayala Land corporate communications head Jorge Marco said in a text message to Rappler on June 24.
Ayala Land has a partnership with Panay Medical Ventures Inc. aimed at complementing its largest development project in Iloilo called Atria Park District. The project will feature residential condominiums, parks, and commercial and office establishments.
The partnership outlined Ayala Land as the facility builder and Panay Medical the operators of the healthcare facility.
"We will provide the facility but the services will be managed by a professional medical group," Marco said.
Adding a hospital component to a mixed-use development has paid off for the business and commercial districts like Makati and Bonifacio Global City in Taguig, the hosts of Makati Medical Center and St. Luke’s Medical Center, respectively.
Currently, the business conglomerate that has ventured into the healthcare business is the Manny Pangilinan-led Metro Pacific Investments Corp (MPIC), which has finalized its acquisition of its 8th hospital in Tarlac City.
MPIC, the country's largest hospital group, owns Makati Medical Center, Davao Doctors Hospital, Cardinal Santos Medical Center, Riverside Medical Center, Our Lady of Lourdes Hospital and Asian Hospital.
Ayala Land has earmarked P66 billion in capital expenditures for 2013.
-Rappler.com (6/24/2013)
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Ayala Land, the country's biggest property firm in terms of assets, is initially eyeing a P600-million deal that involves a hospital in Iloilo in Western Visayas.
"We plan to provide hospital buildings as part of our mixed-use developments, much like schools, malls and hotels as part of the communities we will develop," Ayala Land corporate communications head Jorge Marco said in a text message to Rappler on June 24.
Ayala Land has a partnership with Panay Medical Ventures Inc. aimed at complementing its largest development project in Iloilo called Atria Park District. The project will feature residential condominiums, parks, and commercial and office establishments.
The partnership outlined Ayala Land as the facility builder and Panay Medical the operators of the healthcare facility.
"We will provide the facility but the services will be managed by a professional medical group," Marco said.
Adding a hospital component to a mixed-use development has paid off for the business and commercial districts like Makati and Bonifacio Global City in Taguig, the hosts of Makati Medical Center and St. Luke’s Medical Center, respectively.
Currently, the business conglomerate that has ventured into the healthcare business is the Manny Pangilinan-led Metro Pacific Investments Corp (MPIC), which has finalized its acquisition of its 8th hospital in Tarlac City.
MPIC, the country's largest hospital group, owns Makati Medical Center, Davao Doctors Hospital, Cardinal Santos Medical Center, Riverside Medical Center, Our Lady of Lourdes Hospital and Asian Hospital.
Ayala Land has earmarked P66 billion in capital expenditures for 2013.
-Rappler.com (6/24/2013)
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Ayala Land to offer P21B worth of Corporate Bonds.
Ayala Land Inc. has approved the issuance of up to P21 billion worth of corporate bonds to be sold in a general public offering.
In a disclosure to the Philippine Stock Exchange, the property developer said the bonds will have tenors of seven, 10 and 20 or 25 years and will be registered with the Securities and Exchange Commission.
Proceeds from the offering will be used for general corporate purposes, ALI said.
The company has set a P65.5 billion capital spending program this year, mainly to develop new and ongoing residential and leasing projects. The amount is lower than the P71.29 billion spent in 2012.
The company intends to roll out 69 projects worth a combined P129 billion, including a new Holiday Inn & Suites in Makati by the second quarter and Seda Hotels in Davao and Nuvali, Laguna
The ALI board of directors also approved the establishment of a wholly-owned subsidiary, Verde Golf Development Corp., which will oversee the operations of Southvale Golf Course.
-GMA News, June 19, 2013
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In a disclosure to the Philippine Stock Exchange, the property developer said the bonds will have tenors of seven, 10 and 20 or 25 years and will be registered with the Securities and Exchange Commission.
Proceeds from the offering will be used for general corporate purposes, ALI said.
The company has set a P65.5 billion capital spending program this year, mainly to develop new and ongoing residential and leasing projects. The amount is lower than the P71.29 billion spent in 2012.
The company intends to roll out 69 projects worth a combined P129 billion, including a new Holiday Inn & Suites in Makati by the second quarter and Seda Hotels in Davao and Nuvali, Laguna
The ALI board of directors also approved the establishment of a wholly-owned subsidiary, Verde Golf Development Corp., which will oversee the operations of Southvale Golf Course.
-GMA News, June 19, 2013
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