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Ayala Land Secures P12.9-B Loan from IFC
The Philippine Star
|August 30, 2025
The private sector arm of the World Bank is providing a P12.87-billion loan to property giant Ayala Land Inc. (ALI) for the development of two malls and to integrate resilience in the design of its projects.
In a statement yesterday, the International Finance Corp. (IFC) said the financing is the second sustainability-linked loan to be provided to ALI.
The latest agreement builds on a loan provided by IFC to ALI last year, which forms part of the company's sustainability-linked financing program.
IFC said the new loan would be used to support the development of Greenbelt 1 in Makati and Ayala Malls Evo City in Cavite.
Both commercial projects have an estimated gross leasable area of 89,000 square meters.
Dit verhaal komt uit de August 30, 2025-editie van The Philippine Star.
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