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Oct 12, 2023

Ayala Land receives highest distinction at CREBA’s “Best of the Best Developer of the Decade” Pillar Awards

The Chamber of Real Estate and Builders’ Associations (CREBA) conferred on Ayala Land, Inc. (ALI) the Exemplary Developer of National Distinction Award at its recently held Pillar Awards ceremony which also marked the 50th anniversary of the CREBA.

CREBA’s Best of the Best Developer of the Decade Awards celebrates excellence in the real estate sector. ALI’s selection as the “Exemplary Developer of National Distinction” underscores the company’s dedication to pushing the boundaries of innovation, sustainability, and community development. It recognizes ALI’s significant achievements in shaping the real estate industry in the Philippines over the past decade and setting the standard for excellence.

CREBA said it recognized ALI “not only for having excelled in pioneering development in the field of real estate, but also for having set an industry-wide standard for excellence that sets it apart from the rest, and shaping the Philippines’ real estate landscape through
innovation, sustainability, and a dedication to bettering communities.”

ALI’s journey to becoming the “Exemplary Developer of National Distinction” has been marked by the company’s pursuit of innovation and commitment to sustainable practices. The company’s extensive portfolio of developments includes groundbreaking projects in residential, commercial, leisure and industrial developments that have not only redefined urban living but have also integrated sustainable design and community-building principles. These initiatives continue to enhance the quality of life for residents and contribute to the broader goal of a greener, more sustainable Philippines.

Dr. Nathaniel von Einsiedel, Past President of CREBA and Chairman of the CREBA Developer of the Decade Awards 2023 Committee, explained that the awards are based on the fact that real estate developers play an important role in shaping the built environment and influencing the way people live, work, and play.

“The awards recognize that real estate developers have this crucial impact on society and the world around them. The positive impact can be far-reaching for local communities,” said Dr. von Einsiedel.

Established in 1973, CREBA is the recognized umbrella organization of some 4,000 firms, individuals and associations directly or indirectly involved in land and housing, construction, allied industries and various professional fields of discipline.

Ayala Land celebrates its 35th anniversary this year as it continued to leverage on the economy’s positive momentum to enhance its diversified portfolio. ALI reported higher residential sales reservations in the first semester of 2023 which increased by 18% year-on-year to P58.3 billion, as second-quarter sales reached P30.6 billion, 10% more than the previous quarter. Sales were driven by Alveo’s Park East Place in BGC, AyalaLand Premier’s (ALP) Ciela in Carmona, Cavite, Arcilo in Nuvali, Laguna, and Parklinks South Tower in Quezon City, and Avida Towers Makati Southpoint.

Three new projects with a combined value of P23.3 billion were launched to the market in the second quarter, namely, Alveo’s Park East Place in BGC, the second tranche of Ayala Land Premier’s Arcilo in Nuvali, and Amaia’s Steps The Junction Place Delicia in Quezon City. ALI also recently broke ground for Southmont, the Company’s 51st estate. Located in Silang, Cavite, the 800-hectare master planned community offers residential developments such as ALP’s Lanewood Hills, and Alveo’s Hillside Ridge and Verdea.

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