What the Ayalas did
2012 news...
Today...Ayala Land to spend P60 billion to 'Make it Makati'
by Coco Alcuaz, ANC
Posted at 03/22/2012 5:23 PM | Updated as of 03/23/2012 6:56 AM
MANILA, Philippines - Ayala Land Inc. said Thursday it and Makati Commercial Estates Association will spend P60 billion over the next five years to carve their Makati properties into six districts as it launches a "Make it Happen, Make it Makati" campaign.
The amount, about 95% to be shouldered by Ayala Land, is about a third of the company's total budget for the period, President Antonino Aquino said. Ayala Land's total budget this year, covering construction and acquisitions, is P37 billion, more than a fifth over last year's.
The purpose is to create "opportunities for all" to live, shop and be entertained and work in Makati, Meann Dy, head of strategic land banking, said at a briefing.
Ayala Land to spend add’l P65B to further develop Makati
This is on top of the P60B the company earlier committed for Makati’s redevelopment
MANILA, Philippines – Property giant Ayala Land Inc. is spending an additional P65 billion over the next 5 years to build new residential developments, office buildings and hotels in the Makati central business district.
The amount is on top of the P60 billion investment over a 6-year period that the company announced in 2012.
“Makati remains and will always remain as Ayala Land’s top priority… our largest source of value and our most important asset,” Ayala Land vice president Meean Dy said in a press briefing on Thursday, August 14.
The company plans to build 5 new hotels, 8,000 square meters of retail and office space, and 3,700 residential units in Makati, according to Dy.
The developments will rise in 3 key areas: the Ayala Center, Ayala Triangle Gardens, and a new mixed-use project called City Gate.
Phase 2 of Ayala Center will commence, covering the existing area of Intercontinental Hotel and its parking lot. Two new hotels will be built in the area – one of which will carry the brand Seda – along with two office towers, a business convention center, and a public transport terminal with retail component. The area spans 2.5 hectares, with 250,000 to 300,000 square meters of gross floor area.
Ayala Land will also start new developments within Ayala Triangle Gardens, including an 80,000-square meter high-grade office, and the 275-room Mandarin Oriental Hotel.
City Gate, a mixed-use project located at the corner of Ayala Avenue and Buendia Avenue, will also be constructed. The project will feature 81,000 square meters of office space, a 312-room Seda Suites Hotel, and 14,000 square meters of retail space.
Ayala Land president Bernard Vincent Dy said Makati was a vital asset accounting for 30% of the company’s net income. – Rappler.com
What the Binays did...
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Last edited by Monseratto; August 17th, 2014 at 11:21 AM.
#makeuptransformation
Drilon: PNoy never said he is seeking a 2nd term
ABS-CBNnews.com
Posted at 08/18/2014 9:56 PM | Updated as of 08/18/2014 9:56 PM
MANILA - Senate President Franklin Drilon believes it’s now case closed: President Benigno Aquino III is not seeking a second term.
“The President did not say that he is for a second term. I was reading the transcript of the TV5 interview, there was nothing there that said that the President is interested in a second term.
"Malacanang has already said the President will not push for Charter amendments during his term. I think the issue is over. We keep on beating a dead horse,” he said.
He does not believe Malacanang is sending mixed signals on Aquino’s plans.
“For me, the signals are clear. Ask those who think there's a mixed signal. To me, Malacanang has said the President will not push for a Charter amendment,” he said.
Even the Liberal Party does not have an official stand on the issue, he said.
He denied LP members met to discuss Charter change.
+ the Rockwell incident na tinakot ni kohol yung Israeli national due to parking lang. Putek, feeling nya binili nila yung unit nila sa Rockwell eh dinugas lang ni noggy yun sa developer in exchange of mayor's permit + bag of pesosssss... mind you hindi lang 1 but 2 units ang dinugas nila dun sa top floor. And who payed for all those na punta sa pamilya noggy, syempre all those who bought units in Rockwell.![]()