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AYALA Corp., the country s oldest conglomerate, plans to sell non-core stakes in Manila Water Co. Inc. (MWC) and Light Rail Manila Corp. (LRMC) within the year as part of efforts to raise $1.0 billion in fresh capital. ....
PROPERTY giant Ayala Land Inc. (ALI) said it intends to use the proceeds from a block sale of shares in its real estate investment trust AREIT Inc. to fund ongoing and future investments. ....
SM Prime Holdings Inc. and Ayala Land Inc. (ALI) will likely drive Philippine property sector growth with both expected to gain from macroeconomic improvements, Maybank Investment Banking Group said. ....
MALL-GOERS may start seeing changes in Glorietta, TriNoma, Greenbelt and Ayala Center Cebu over the next two years as the shopping centers undergo renovations. ....