Philippine property developments, invites Pinoy expats for a get-together event on March 1
Ayala Land Inc. (ALI), the largest and most diversified property company in the country, welcomes Filipino expatriates to its Dubai event
ALI's entry into the Middle East coincides with a year of unprecedented success for the Philippine economy - the main PSEi stock exchange index this month crossed 6,600 points
The real estate arm of Ayala Corporation, Philippines largest and oldest conglomerate, aims to give a snap shot of the Philippine economy and the exciting developments in the real estate sector
The get-together event on March 1 will feature live music performances by Filipino stars Billy Crawford and Iya Villania
Dubai, UAE: Ayala Land Inc. (ALI), the largest and most diversified property company in the Philippines, is meeting the Filipino community in the UAE on March 1, 2013, for a "touch of home" evening that will mark ALI's official entry into the Middle East region.
The event aims to give a snap shot of the Philippine economy and the exciting developments in the real estate sector.
The event is taking place at the Boracay Club, Asiana Hotel in Dubai, from 4 p.m. to 7 p.m. with a Financial Literacy Talk and will feature live music performances by Filipino stars Billy Crawford and Iya Villania. Registration for the event is by mail (lim.sherwin@ayalaland-intl.com) or telephone (8000-3570-2575).
ALI's entry into the Middle East coincides with a year of unprecedented success for the Philippine economy - the main PSEi stock exchange index this month crossed 6,600 points, and the country's tourism sector is set for a boom that makes real estate one of the most lucrative areas in the near future.
Simultaneously, the Filipino expatriate community worldwide rose to the third position in 2012 in terms of foreign exchange remittances. Until November 2012, Filipino expatriates sent home almost $20 billion; the final figure was expected to be around $24 billion.
"This is absolutely the right time for a powerhouse of the Philippines economy to meet the people who have given currency to the phrase 'Pinoy power' through their hard work, enterprise and talent for creating wealth. We hope to see many of them at our launch event," said Thomas Mirasol, President, Ayala Land International Sales.
ALI is the real estate arm of Ayala Corporation, the 179-year-old Philippine conglomerate with a portfolio spanning sectors from banking to renewable energy. With a market capitalisation of US$10B (as of 13 February 2013), ALI is recognised as the largest and most diversified property company in the country.
Ayala Land's real estate holdings span residential, retail, office developments and hotels & resorts. One of its most important recent acquisitions was the last year's purchase of the stake owned by Saudi Arabia's Kingdom Hotel Investments in the luxury Fairmont Hotel and Raffles Suites and Residences project, in the commercial business district of Makati City.
About Ayala Corporation
Ayala Corporation was founded in 1834 and is headquartered in Makati City, the Philippines. Ayala Corporation engages in real estate development, financial services, telecommunications, water distribution, sewerage and sanitation services, electronics manufacturing services, automotive dealerships, business process outsourcing, and real estate investments in the Philippines and internationally.
About Ayala Land
Ayala Land Inc (ALI), the real estate arm of Ayala Corp, is the leading real estate developer in the Philippines. With a market capitalisation of US$10B (as of 13 February 2013), the company is recognised as the largest and most diversified property company in the country.
Within its Residential Business Group, ALI has 5 brands serving different income segments - Ayala Land Premier, Alveo Land, Corp., Avida Land Corp., Amaia Land and BellaVita. Each brand caters to a different segment, allowing the company to tap various markets. The Residential Business Group has 140 on-going projects nationwide (~Php240 billion in value). ALI has a balanced portfolio of complementary businesses, which include commercial leasing, hotels & resorts, services construction and property management.
For more information please contact:
Lucy Vicente
Account Manager
New Perspective Media
Tel: +971 4 236 7033
Mob: +971 56 144 3301
Email: lucy@newperspectivemedia.com
Sherwin Lim
Country Manager
Ayala Land
Mob: +971 50 951 5361
Email: lim.sherwin@ayalaland-intl.com
© Press Release 2013
