The Lerato by Ayala Land
Alveo's newest mixed-use condominium development soon to be part of Makati’s burgeoning creative hub
Everyday at The Lerato you can satisfy your palate with authentic cuisine and enjoy some quiet retail therapy just outside your door. Convenience, flair and a penchant for the good life will come together in ways you can truly revel in. With the first of three towers set to rise, you can have your own creative space where your passions will be nourished.
Situated at the north of Ayala Avenue, right across Alveo's maiden condo development, The Columns Ayala Ave. This is Makati's quieter side, perfect for those who need to be in the bustling and active Central Business District but want a private and calmer personal retreat.
Features and Amenities
- Adult and kiddie pool
- Landscaped open/ green areas
- Wi-fi area
- Picnic and barbecue area
- Louging area
- Green pocket with sitting area
- Outdoor play area
- Jogging trail
- Function rooms
- AV/ Theatre room
Tower 1
- The Workout Studio
- Game Room
- Prayer Room
- Roof deck with garden
About the Developer
Ayala Land, Inc. is the real estate arm of the Ayala Corporation, one of the Philippines' biggest and well-established business conglomerates. Established in 1834, Ayala Corporation consists of five major subsidiaries and three affiliates that are leading players in the areas of banking, insurance, automotive, real estate, telecommunications, information technology and water utilities.
Its real estate interests are consolidated under its full-owned subsidiary, Ayala Land, Inc. whose projects include:
- Development of prominent high-end and middle-market residential subdivisions and condominiums;
- Construction of high rise commercial and residential buildings;
- Conversion of vast tracts of land into industrial business parks; Development and management of shopping centers;
- and Management of cinema, hotel and entertainment operations.
Through its over 50 years of experience in real estate, Ayala Land, Inc. has earned a reputation as the country's leading real estate developer. It is primarily credited for Makati City's metamorphosis from grasslands back in the 1940's into the premiere business district it is today. To this day, it is the preferred business location of the most prestigious corporate, commercial and residential addresses, site of many international hotel chains and home to exclusive high-end residential areas developed by the Ayala group over the past 50 years.
Each and every product development undertaken by Ayala Land, Inc. is a solid testimony to the quality of its work and its integrity. Its successes as a real estate developer and a company as a whole have been recognized internationally by various awards and accolades:
- Best in Corporate Governance in the Philippines (Institute of Corporate Directors, 2005)
- Ranked fourth in Corporate Governance in Asia (FinanceAsia Survey, 2005)
- Ranked first among the Best Financial Management Companies (AsiaMoney Survey, 2002-2003)
- Ranked second in Corporate Governance (AsiaMoney Survey, 2003)
- Best in Investor Relations among all Philippine companies (Institutional Investor Survey, 2003)
- Best in Corporate Governance (Institutional Investor Survey, 2003)
- Ranked top 10 among the Best Managed Companies (AsiaMoney, 2002)
Behind Ayala Land's success is a continuing commitment to a time tested approach to real estate development that has resulted in the most trusted brand in Philippine property development. We aspire to build best-in-class products and services, we move with scale, and maintain a strict financial discipline throughout the company.
However, Ayala Land, Inc. believes that ultimately, it is the satisfaction of the customers, patrons, shareholders and other stakeholders it serves that is the true measure of success.
Innovation, integrity, imagination and impassioned service define Ayala Land Inc.
Mission and Vision
We shall establish and maintain preeminence among real estate companies in Asia. Our primary goal will be to continue being the best at what we do, and the most respected for what we have accomplished. We shall do so while acting in accordance with the highest standards of integrity that have always lent moral strength to the policies and practices of Ayala Land.
Our preeminent position will be measured primarily in the marketplace, where we will be the preferred choice above all others. This will be the natural outcome of consistently exceeding the customer's aspirations for a better lifestyle and a more effective business environment, and of good work done by a highly-motivated and empowered team of employees with genuine concern for customer needs and consequent satisfaction.
We shall accomplish our market objectives by enhancing land and enriching lives as only Ayala can - primarily by building and nurturing communities that will thrive through time, as living and breathing testaments to the dreams and aspirations of those who build them and those who live and work in them. These communities will embody our lasting commitment to nation-building by promoting the betterment of the Filipino.
Whenever quality of life is spoken of with pleasure and admiration, the inevitable byword will be Ayala Land.
Our Credo
We believe in...
- Enhancing the quality of life of our customers by providing products and services second to none.
- Inspiring our employees, developing their talents, and recognizing their needs and contributions.
- Building long-term, mutually-beneficial relationships with
our business partners.
We conduct our business by...
- Adhering to a high level of integrity.
- Creating a work environment where people are empowered.
- Pursuing excellence in everything we do, building on our collective knowledge and learnings, and ensuring that quality is a way of life.
- Displaying a strong bias for results.
We are driven by our desire to play a vital role in...
- Creating model communities which progress and appreciate in value over time, and ultimately,
- Leading the business community towards the noble task of nation-building.
Blueprint for Growth
Ayala Land's diverse undertakings are supported by prudent financial policies including a selective reliance on bank debt, which has allowed Ayala Land to hold on to its properties over extended periods and downcycles. We engage in financing activities such as equity partnerships and pre-sales to fund our huge acquisitions and development programs.
As the country's largest and only full-line property developer, we have the unique advantage of being a major player in each of the key real estate segments. Our primary drivers of value are residential development, shopping centers, and strategic landbank management, each involving different combinations of investment requirements, value appreciation and cash flow returns. Our Residential Development business, with its fast cycle times and high margins, allows us to capitalize on quick-strike opportunities. The shopping Center business in turn stabilizes our revenues across the movements of the business cycle, with its large and steady cash flow returns. And our Strategic Landbank business gives us both a platform for creating strong and lasting value appreciation in our major landholdings, as well as growth areas for our other business lines.
In addition we have two smaller but rapidly-growing core businesses, our corporate business and Vis-Min units. Finally, our three strategic support businesses provide proprietary competitive advantages to each of our core business lines.
In each of the games being played across the industry, we are a leading player. This results in our being able to leverage the benefits of being in every game: scale, real value-added synergy, the financial wherewithal to ride out downturns in the cycle, and the flexibility to capitalize quickly on opportunities. This thus gives us a profit upside that is unique, in that we can profitably allocate resources to all the plays in the real estate development industry, and capture additional margin by combining products in a single project.
Developer Audio Visual Presentation
Ayala Land
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