Alveo bullish on 2017 prospects
Celebrates 15th year with milestones, best practices
To celebrate its 15th year in the property development business, Ayala Land subsidiary, Alveo, last week announced its new developments in Alabang, Cavite, Bulacan, and Cagayan de Oro, as well as plans to strengthen its presence in major growth centers nationwide.
Jennylle S. Tupaz, Alveo Land president told media in a briefing at its Bonifacio Global City (BGC) headquarters that sales take-up in 2016 reached P38 billion, with nine projects worth P22B offered as fresh inventory, consisting of residential lots and condominium units launched in Pampanga, Makati, Taguig, Laguna, Cavite, and Davao.
“We have been generating personal bests in the first two months of the year. And with all the planned launches, 2017 will be a record-breaking year for the company,” promised Tupaz.
She added that the company is confident about reaching its targets, especially with strong investor confidence and steady economic growth in the country.
Sticking to compelling formats
“We value the strength of being an integral part of mixed- use communities, a position that is hard to match in terms of providing holistic lifestyles,” she said. “We will be launching more compelling formats in the future.”
Alveo has a strong presence in most of Ayala Land’s masterplanned estates, including Circuit Makati, BGC, Nuvali, Vertis North, Arca South and Vermosa.
Its office-for- sale projects have also been quite successful, with recent offerings such as Park Triangle Corporate Plaza and Alveo Park Triangle Tower in BGC, The Stiles Enterprise Plaza in Circuit Makati, and Alveo Financial Tower along Ayala Avenue.