<\/p>\n
AYALA LAND, INC. has opened Ayala Malls Arca South in Taguig as a part of its technique to expand recurring income streams through its leasing and hospitality businesses.<\/p>\n
In a press release on Wednesday, the corporate said the mall has a gross floor area of 100,000 square meters (sq.m.) and a gross leasable area of 61,000 sq.m.<\/p>\n
The event is situated inside Arca South, one in all Ayala Land\u2019s growth estates in Taguig, and is anticipated to serve residents, office employees, and transit users in the world.<\/p>\n
Ayala Land said the project forms a part of its broader push to extend the share of stable and predictable revenues in its portfolio amid a more measured property sales environment.<\/p>\n
\u201cAt Ayala Malls, we design for frequency and habit,\u201d Ayala Malls Chief Operating Officer Paul Birkett said.<\/p>\n
\u201cThe more an area becomes a part of on a regular basis life, the more it supports consistent customer flow and stronger merchant performance over time,\u201d he added.<\/p>\n
The corporate said the mall is meant to support long-term industrial activity inside the estate while reinforcing surrounding residential and office developments.<\/p>\n
Ayala Land said integrating retail developments early into the estate\u2019s development cycle is meant to speed up business activity and establish long-term consumption patterns that would support stable rental yields.<\/p>\n
The mall features an open and mixed-format retail layout, diverging from the standard enclosed mall format.<\/p>\n
Ayala Land also said the project may function a prototype for future retail developments as the corporate shifts toward more flexible and community-integrated retail formats focused on long-term income generation.<\/p>\n
Shares in Ayala Land rose by 0.13% or 2 centavos to shut at P15.32 on Wednesday. \u2014 Juliana Chloe A. Gonzales<\/b><\/p>\n<\/p><\/div>\n
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AYALA LAND, INC. AYALA LAND, INC. has opened Ayala Malls Arca South in Taguig as a part of its technique to expand recurring income streams through its leasing and hospitality businesses. In a press release on Wednesday, the corporate said the mall has a gross floor area of 100,000 square meters (sq.m.) and a gross […]<\/p>\n","protected":false},"author":1,"featured_media":330481,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[51418,25902,19287,452,17771,553,3685,43003],"class_list":["post-330480","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-100000sq-m","tag-arca","tag-ayala","tag-land","tag-mall","tag-opens","tag-south","tag-taguig"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/posts\/330480","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/comments?post=330480"}],"version-history":[{"count":2,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/posts\/330480\/revisions"}],"predecessor-version":[{"id":330483,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/posts\/330480\/revisions\/330483"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/media\/330481"}],"wp:attachment":[{"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/media?parent=330480"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/categories?post=330480"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/tags?post=330480"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}