Alveo breaks record on its 15th year
ALVEO Land, a residential brand of Ayala Land Inc. (ALI), is celebrating a landmark achievement in its 15-year anniversary when it achieved a P38-billion gross take-up (without value-added tax) in 2016. Furthermore, it was a groundbreaking accomplishment for a company that posted a 30-percent compounded annual growth rate on gross sales. In 2003 the company generated P1 billion in gross, which surged to P38 billion in 2016.