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                    [ArticleID] => 158857
                    [Title] => Ayala Land set to focus on lower class segment
                    [Summary] => Despite a slow first quarter, the retail operations of Ayala Land Inc. (ALI) is expected to remain one of the company’s growth drivers as it expands focus from the traditionally high-end market to the lower class consumer segment.


Anchored by the flagship Ayala Center, whose same-store sales last year went up six percent even with a lower growth in consumer spending and tougher competition, ALI derives a substantial portion, or about one-third, of its total revenues from rental income on its commercial center operations.


                    [DatePublished] => 2002-04-28 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
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MAKATI AND CEBU AND MARKET

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                    [ArticleID] => 158857
                    [Title] => Ayala Land set to focus on lower class segment
                    [Summary] => Despite a slow first quarter, the retail operations of Ayala Land Inc. (ALI) is expected to remain one of the company’s growth drivers as it expands focus from the traditionally high-end market to the lower class consumer segment.


Anchored by the flagship Ayala Center, whose same-store sales last year went up six percent even with a lower growth in consumer spending and tougher competition, ALI derives a substantial portion, or about one-third, of its total revenues from rental income on its commercial center operations.


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Ayala Land set to focus on lower class segment

By Christina Mendez | April 28, 2002 - 12:00am

Despite a slow first quarter, the retail operations of Ayala Land Inc. (ALI) is expected to remain one of the company’s growth drivers as it expands focus from the traditionally high-end market to the lower...

Business