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Ayala Land, Inc.ALI
PSE Disclosure Form REIT-2 - Reinvestment Plan Progress Report Reference: Section 6 of the Amended PSE Listing Rules for REITS
Annual Report
Quarterly Report
Subject of the Disclosure
2022 First Quarter Sponsor Progress Report on Disbursement of Proceeds from the sale of 44 million AREIT, Inc.("AREIT") shares pursuant to the Sponsor Reinvestment Plan of Ayala Land, Inc.
Background/Description of the Disclosure
Progress Report on the Application of Proceeds for 1Q 2022, duly certified by our external auditors, in compliance with the disclosure requirements of the Philippine Stock Exchange, in relation to the Reinvestment Plan submitted in connection with the sale of 44 million AREIT shares.
Update or Status of the Reinvestment Plan
Please be advised, as of March 31, 2022, ALI already disbursed the total gross proceeds amounting to One Billion Four
Hundred Eight Million Pesos (Phpl,408,000,000) in accordance with its Reinvestment plan.
Summary of Transactions Involving Real Estate and/or Infrastructure Projects for the Period
Project Name: One Vertis Plaza
Disbursing Entity: Ayala Land, Inc.
Amount: Php167,842,669.23
Ayala Land Inc. published this content on 11 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 April 2022 05:08:06 UTC.
Ayala Land, Inc. is a Philippines-based property developer. The Company is focused on developing integrated and mixed-use real estates. The Company operates through eight segments: Property Development, International Business, Shopping Centers, Offices, Hotels and Resorts, Construction, Property management, and Others. The Company has developed properties in the Makati CBD, Cebu Park District, Bonifacio Global City, and others. It has approximately 11,000 land, and 52 estates. The Company offers diverse portfolio of complementary businesses primarily in the development of residential, office, commercial, and industrial properties for sale, as well as commercial leasing through shopping centers, offices, hotels, resorts, factory buildings, warehouses, co-living, and co-working spaces. Its brands include Ayalaland Premier, Alveo Land Corp., Avida Land Corp., Amaia Land Corp., and BellaVita Land Corp. The Company's subsidiaries include Alveo Land Corporation, Serendra, Inc., and others.
AYALA LAND, INC. 
