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Ayala Land Inc., Taguig City, Metro Manila, Philippines: Alveo Land

Company: Ayala Land Inc.
Company Description: Alveo Land offers new dimensions for living and working well in the Philippines: prime locations in business and lifestyle, spaces in seamless interaction with nature, work, and entertainment in dynamic mixed-use locales. Underlining an Ayala Land commitment to excellence, Alveo Land continues to shape inspiring masterplanned communities by innovating the way you live.
Nomination Category: Company / Organization Categories
Nomination Sub Category: Company of the Year - Real Estate - Large
2023 Stevie Winner Nomination Title: Alveo Land
  1. Which will you submit for your nomination in this category, a video of up to five (5) minutes in length about the achievements of the nominated organization since 1 January 2021, OR written answers to the questions for this category? (Choose one):
    Written answers to the questions
  2. If you are submitting a video of up to five (5) minutes in length, provide the URL of the nominated video here, OR attach it to your entry via the "Add Attachments, Videos, or Links to This Entry" link above, through which you may also upload a copy of your video.

  3. If you are providing written answers for your submission, you must provide an answer to this first question: Briefly describe the nominated organization: its history and past performance (up to 200 words):

    Total 185 words used.

    For over 20 years, Alveo Land is the Philippines’ leading developer of vibrant communities and groundbreaking living and working solutions adapted to the changing needs of a rapidly expanding upscale market. Carrying the legacy of Ayala Land, the largest and most experienced real estate developer in the Philippines, Alveo provides the most diverse real estate solutions in the country today.   

    Alveo Land offers multiple residential, office, and commercial projects all over the country. As an Ayala Land company, Alveo is dedicated to building an extensive portfolio of holistic, masterplanned communities with relevant, thoughtfully-designed amenities and customer-focused service in every step of the buyer experience. Guided by sharp foresight, unparalleled excellence, and total commitment, Alveo aims to continuously address the unique needs of its discerning market.   

    Alveo Land has since proudly built and sustained not only well-designed developments, but also flourishing communities that bear the mark of expertise and passion for innovation. With over 69 projects in 13 locations all over the country, Alveo Land nurtures individuals and hard-earned investments with a singular vision—giving you the best places for living and working well in the Philippines.   

  4. If you are providing written answers for your submission, you must provide an answer to this second question: Outline the organization's achievements since the beginning of 2021 that you wish to bring to the judges' attention (up to 250 words):

    Total 249 words used.

    ALVEO delivered a strong sales performance at P29b, driven by 7 launches, maximizing international sales, and growing digital selling platforms, among others. With this, ALVEO ended the year with +9% growth on revenues and a remarkable +55% growth on NIAT. Furthermore, Alveo garnered a 3.9 out of 4.0 on turnover survey ratings, even receiving 173 expressed commendations.  

    ALVEO captured healthy demand for its horizontal projects, including Corvia Alviera in Pampanga (P1.9b YTD) and fresh inventory in Nuvali with Mondia Expansion (P600m sold on launch). ALVEO’s mid-year launches then shifted to verticals with Astela in Circuit Makati (P2.7b YTD) and Cerule in Solinea Cebu (P912m YTD), both generating strong international reception in the US and Singapore. These were then followed by the release of additional inventory for Hillside Ridge Phase 3 in Cavite (P294m sold on launch) and the launch of Versala Alviera (P640m at launch). Finally in the fourth quarter, ALVEO ended the year with great traction for its first project in Batangas, South Palmgrove (P1.2m sold on launch) and Verdea in Cavite (P296m sold on launch).  

    As foreign travel restrictions eased, ALVEO pursued international sales in the US (P4.14b), which achieved 34% growth from the previous year, and Singapore (P1.1b) at 149% increase.  

    Sales was also able to generate 325k prospects (131% growth vs pre-pandemic) and bring back site visits to pre-pandemic levels (2k monthly Site Visits) by August 2022 which contributed healthily towards hitting its net booking target at P19b. 

  5. If you are providing written answers for your submission, you must provide an answer to this third question: Explain why the achievements you have highlighted are unique or significant. If possible compare the achievements to the performance of other players in your industry and/or to the organization's past performance (up to 250 words):

    Total 198 words used.

    Alveo Land remains the top residential brand in Ayala Land, and in its category. It continues to sets the benchmark in Philippine real estate, enjoying a significant premium over competition, while also receiving commendations from various award-giving bodies. The portfolio of Alveo Land properties could be considered the most extensive in the mid-market segment today, offering a complete range of residential products such as condominiums, townhouses, subdivisions and open lots, as well as new concept developments for office and leisure developments.   

    Additionally, all Alveo Land projects are strategically developed and clustered in key districts within Metro Manila such as Makati, BGC in Taguig, Pasig, Quezon City, and even in regional centers such as Cebu, Davao, and Pampanga—offering home seekers a wide range of options in these areas of vibrant growth and urban development. 

    Alveo Land will thus continue to expand into new territories all over the Philippines, and introduce new product types in its portfolio that will be based on what is relevant and needed by its customers. Carrying the legacy of Ayala Land, the largest and most experienced real estate developer in the Philippines, Alveo will continue providing ideal living needs within the country’s various regional centers. 

  6. You have the option to answer this final question: Reference any attachments of supporting materials throughout this nomination and how they provide evidence of the claims you have made in this nomination (up to 250 words):

    Total 204 words used.

    Alveo Land offers a vibrant portfolio of groundbreaking real estate developments. Offering residential, office, commercial, and leisure, each are thoughtfully designed, upscale developments within various thriving and emerging growth centers for living and working well all across the country.  

    Alveo Land is a residential brand of Ayala Land, the Philippines’ leading developer of sustainable estates offering a diverse mix of quality residential and commercial developments that support local economic growth. The Alveo advantage is that our projects are always an integral part of a master-planned Ayala Land community. They consistently act as a catalyst for growth and upward mobility wherever they’re established.  

    Aside from the architectural stance that Alveo Land is known for, the attention to detail that goes into each project is most evident in every community. This includes employing environmentally sustainable features, offering stellar amenities and consistently creating exceptionally master-planned neighborhoods that complement the needs and ideals of its residents.  

    Finally, ALVEO is proud to achieve its highest number of accolades in a single year on its 20th anniversary. The brand and its various projects were recognized for 23 various awards and commendations in 2022 (and 102 total overall), further solidifying brand prestige and awareness on both a local and international scale. 

Attachments/Videos/Links:
Alveo Land
Video Alveo Land
URL Alveo Land Corporate Profile
URL 20 years of excellence define Alveo’s dynamic communities
URL A Renewed Commitment to Living Well
URL Living Well Redefined for Today
URL Living well, re-imagined: Alveo at 20
URL Modern Edge: A Look at Alveo Land's Approach to Living and Working Well