This collaborative article with Ms. Sheila Viesca, Ph.D., of TalkShop, is a comprehensive series exploring the leading developers in the real estate industry. It focuses on the achievements and innovations of these developers, shedding light on their contributions to the real estate industry in the Philippines. Welcome to Part 1 of this comprehensive feature.
| The Movers and Shakers in the World of Real Estate in the Philippines: Introduction | Part 2 – Century Properties Group, Inc. |
The Movers and Shakers in the World of Real Estate in the Philippines: Part 1
HousingInteractive has built solid relationships with the top real estate developers in the Philippines, making it the go-to platform for showcasing properties and connecting investors. It has enabled the company to foster mutually beneficial partnerships that benefit developers and buyers alike.
Undoubtedly, the real estate industry in the country has been growing steadily over the past few years, with the help of top real estate developers who have spearheaded several banner projects across the country. Here are some key players and their banner projects:
Ayala Land, Inc.
Ayala Land, Inc. (ALI) is a renowned real estate developer in the Philippines, known for upscale and sustainable mixed-use projects. Established in 1988 as a subsidiary of Ayala Corporation, Ayala Land, Inc. has a wide-ranging portfolio across 49 estates in the country, fueling long-term shareholder value. Their diversified estates encompass mixed-use, tourism, residential, commercial, and industrial sectors, covering residential development, commercial leasing, construction, and property management.
Notable projects and expansions:
a. Makati Central Business District
Ayala Land, Inc. (ALI) has been instrumental in Makati CBD’s sprawling 950-hectare expanse, effectively establishing it as the Philippines’ foremost financial and commercial center. Iconic landmarks include the Ayala Triangle Gardens, Nielson Tower, and Ayala Museum within the intersecting roads of Ayala Avenue, Makati Avenue, and Paseo de Roxas.
b. Fort Bonifacio Global City
ALI contributed to the development of 240-hectare land in Fort Bonifacio Global City (BGC) in Taguig City, one of the fastest-growing business districts in Metro Manila. It developed various residential condominiums, office towers, commercial properties, and mixed-use developments like Avida Towers, the Philippine Stock Exchange Tower, One Bonifacio High Street, and Arca South (Taguig).
c. Nuvali
Nestled in Laguna province, Nuvali is a thriving, sustainable community within the 2290 hectares of development. It seamlessly blends residential, commercial, recreational, and educational spaces with a firm focus on environmental sustainability and connectivity.
d. Ayala Alabang
A sprawling 670-hectare development in Muntinlupa City, Ayala Alabang has a mix of residential, commercial, and recreational spaces offering spacious homes, lush greenery, and wide tree-lined streets. Convenient access to business districts and strict security measures add to the appeal.
e. Cebu Park District
A dynamic 78-hectare mixed-use development in Cebu City, Cebu Park District offers diverse experiences with shopping, dining, entertainment, and cultural events. Anchored by Ayala Center Cebu, this sustainable district boasts green spaces, gardens, and convenient transportation, making it a complete lifestyle destination.
Awards and recognitions:
Ayala Land has received numerous accolades for its commitment to sustainability, urban planning, and design excellence.
a. Leading Property Developer
Ayala Land Inc. (ALI), the leading property developer in the Philippines, received over 300 awards and recognitions in 2022, surpassing its previous records.
b. ULI Pacific Awards for Excellence
The company also garnered recognition for its Ayala Triangle Gardens Tower 2 in the prestigious ULI Pacific Awards for Excellence.
c. The Euromoney Real Estate Awards
Recognized as the top real estate developer in the Philippines at The Euromoney Real Estate Awards 2022, Ayala Land excelled in various categories, including innovation, mixed-use, office/business, residential, retail/shopping, and sustainability, securing the overall award.
Ayala Land, Inc. is recognized for its commitment to excellence, innovation, energy efficiency, sustainability, and corporate governance, evident through numerous awards. Their success in property development stems from their unwavering dedication to innovation and sustainability in all aspects.
Challenges and innovations:
a. Affordable Housing
Ayala Land is confronting affordable housing needs through various initiatives. Collaborating with government agencies and introducing innovative financing schemes, ALI aims to expand affordable housing offerings to a broader market segment. Notable projects like Amaia and BellaVita focus on catering to entry-level and socially inclusive housing needs, respectively.
b. Sustainable Development
Ayala Land is committed to sustainable development with four focus areas: site resilience, pedestrian mobility, resource efficiency, and local economic development. They regularly consult with stakeholders to refine goals and metrics. Its mission is to create eco-friendly and inclusive projects that promote the community’s well-being and preserve resources.
c. Long-term Business Objectives
Ayala Land plans to accelerate the development of sustainable estates by launching new estates and enhancing existing ones. They also aim to introduce new tenants, expand retail spaces, increase office occupancy, add hotel rooms, and expand warehousing capacity to meet growing demands.
Ayala Land Inc. is known for transforming landscapes through sustainable developments. With a vast land bank, they offer a wide range of real estate services and prioritize integrity, transparency, and customer satisfaction. Their iconic projects symbolize their commitment to enhancing the lives of Filipinos. As they look forward, Ayala Land remains dedicated to enriching more lives through land enhancement.
To know more about this developer, you may read Ayala Land’s 2022 Integrated Report, released on April 26, 2023.
| Part 3 – DMCI Holdings, Inc. | Part 4 – Federal Land, Inc. |
