Alveo Land hits record P12.7B sales in Q1

Alveo Land News

Alveo Land hits record P12.7B sales in Q1
Ayala Corp
  • 📰 gmanews
  • ⏱ Reading Time:
  • 22 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 68%

Alveo Land Corp. reported a record P12.7 billion in gross take up for the first quarter of the 2024

Ayala-led property developer Alveo Land Corp. on Tuesday reported a record P12.7 billion in gross take up for the first quarter of the year, which it attributed to the launches of its horizontal developments south of Metro Manila.The latest sales for the period surpassed the previous record high of P10.8 billion recorded in the first quarter of 2019.In a briefing, Alveo officials said its residential condominium unit sales accounted for P7.

Alveo Land attributed the strong takeup to its residential condominium developments such as the Park East Place in Taguig, The Lattice that borders Pasig City and Quezon City, and Nuveo in the Alabang-Las Piñas corridor.Its residential lots accounted for P3.8 billion, which includes Sereneo Nuvali which reported P1.5 billion in year-to-date reservation sales, and Caleia Vermosa in Cavite which generated P2 billion.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

gmanews /  🏆 11. in PH

Ayala Corp

Philippines Latest News, Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

P12.9M released to almost 3,000 farmers, fisherfolk under DOLE's TUPADP12.9M released to almost 3,000 farmers, fisherfolk under DOLE's TUPADDefining the News
Read more »

Megaworld raises P500-M selling block of MREIT at P12.30/shareMegaworlddisclosed that it sold 40,650,000 shares of its REIT subsidiary, MREIT, through a block sale transaction at a price of P12.30/share.
Read more »

Aboitiz Power Corp. to Add 176 MW of Renewable Capacity by 2024Aboitiz Power Corp. to Add 176 MW of Renewable Capacity by 2024Aboitiz Power Corp. plans to operate an additional 176 megawatts of renewable capacity by the first half of 2024, contributing to the country's power requirements. The company is also constructing an additional 218 MW of renewable energy projects. AboitizPower aims to build a total of 3,700 MW of new renewable capacity by 2030.
Read more »

Ayala Corp. arm’s retail drugstore chain purchase reviewed on competition concernAyala Corp. arm’s retail drugstore chain purchase reviewed on competition concernTHE Philippine Competition Commission (PCC) said it will conduct a “more detailed” review of the proposed acquisition by Ayala Corp.’s pharmaceutical arm of a Northern Luzon drugstore chain after the competition watchdog discovered “potential” competition concerns in the retail sale of pharmaceutical and non-pharmaceutical products in the region.
Read more »

Top Japanese contractor Taisei Corp. invests in PetroGreen UnitFounded in 1873, Taisei Corp. is among Japan’s top 5 general contractors building ports and harbors, bridges and tunnels, power stations, industrial complexes and commercial buildings in over 65 countries. In fiscal year 2022, Taisei Group recorded total net sales of $12.3 billion.
Read more »

SM Hotels and Conventions Corp. Properties excel at Radisson Hotel Group's SEAP GM's ConferenceSM Hotels and Conventions Corp. Properties excel at Radisson Hotel Group's SEAP GM's ConferenceSM Hotels and Conventions Corp. (SMHCC) properties reap multiple awards during the recently concluded 2024 Radisson Hotel Group (RHG) South East Asia Pacific GM’s Conference held at Radisson Blu Hotel Cebu last March 25-28.
Read more »



Render Time: 2025-02-19 18:08:38