Sunday, July 13, 2025

Ayala Land announces reinvestment plan following sale of AREIT shares

Ayala Land, Inc. (ALI), the country’s largest property developer, has unveiled its Sponsor Reinvestment Plan following the successful sale of 12 million AREIT shares.

The transaction, executed on July 3, 2025, and settled on July 7, 2025, generated net proceeds of PHP 488,633,300.40, which Ayala Land plans to reinvest in line with its commitment to sustainable growth and development.

​The proceeds will be allocated to land acquisitions and residential development projects in Metro Manila, specifically the Gardencourt Residences, a 2-hectare residential development.

​Ayala Land aims to complete the project by 2027, with 73% of the development already underway. Disbursements for the project are scheduled within one year of receiving the proceeds, ensuring compliance with Securities and Exchange Commission (SEC) Memorandum Circular No. 1, series of 2020, and Bureau of Internal Revenue (BIR) Revenue Regulations No. 3-2020.

Ayala Land’s reinvestment plan underscores its dedication to enhancing land and enriching lives for more people. The company remains focused on delivering quality real estate developments that create long-term value for stakeholders.

To ensure transparency, Ayala Land will monitor and review the disbursements quarterly and submit progress reports to the SEC, Philippine Stock Exchange (PSE), and BIR. A final report on the implementation of the reinvestment plan will also be submitted, and certified by Ayala Land’s Chief Finance Officer, Treasurer, and External Auditor.

Ayala Land President and CEO Anna Ma. Margarita B. Dy stated, “This reinvestment plan reflects our commitment to sustainable growth and our vision of creating vibrant communities that benefit Filipinos. We are proud to continue delivering innovative and high-quality developments that align with our values and goals.”

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