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Monday, July 4, 2011

Stock News 2011: Alveo H1 sales up 80%

Avida San Lazaro Clubhouse 350x210Image via Wikipedia
Alveo Land, the middle-income residential unit of Ayala Land Inc., posted an 80 percent jump in reservation sales to 1,200 during the first half of the year from 685 units in the same period in 2010.

In an interview, Alveo chief operation officer Robert Lao said that the firm is aiming to sell about 3,000 units this year – more than double its first half reservation sales.

He said growth will be due to more projects launched in the market this year with about 12 new projects to be introduced to the market in 2011 compared to about 5 last year.

http://mb.com.ph/node/325291/alveo-h1-


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