Ayala Land expects recovery to start in second half

BusinessWorld
April 22, 2021 | 12:07 am
AYALALAND.COM.PH
LISTED property developer Ayala Land, Inc. is expecting to recover by the second half of the year and is preparing P100-billion worth of residential products in the pipeline.
“With the steady rollout of our ambitious national vaccination program, of which the Ayala Group and especially Ayala Land would play a critical role, I believe that we can start to show signs of recovery by the second half of this year,” Ayala Land Chairman Fernando Zobel de Ayala said at the virtual stockholders’ meeting on Wednesday morning.
However, the company believes it will take around two to three years to return to pre-pandemic levels.

Related Keywords

Philippines ,Metro Manila ,Philippines General ,Visayas ,Bernard Vincento Dy ,Keren Concepciong Valmonte ,Maria Rowenam Tomeldan , ,Ayala Land Inc ,Ayalaland Logistics Holdings Corp ,Ayala Group ,Ayala Land ,Land Chairman Fernando Zobel De Ayala ,South Luzon ,Ayalaland Logistics Holdings ,Land Logistics President ,Chief Executive Officer Maria Rowena ,Ayalaland Logistics ,Keren Concepcion ,பிலிப்பைன்ஸ் ,மெட்ரோ மணிலா ,பிலிப்பைன்ஸ் ஜநரல் ,விசயாஸ் ,அயலா நில இன்க் ,அயலா குழு ,அயலா நில ,நில தலைவர் பெர்னாண்டோ ஜொபெல் டி அயலா ,தெற்கு லூஸாந் ,கர்ரந் கருத்து ,