#makaticity — Public Fediverse posts

Rockwell Raises Stake In Alabang With P6.2 Billion Deal

Rockwell Land Corporation – the developer of Rockwell Center in Makati – strengthened its ownership of Alabang Town Center (ATC) by sealing a P6.2 billion deal with the Madrigal family to acquire the remaining stake in the mall operator Alabang Commercial Corp. (ACC), according to a news report by the Manila Bulletin. The ATC will be redeveloped over a number of several years.

For previous developments about Rockwell and its acquisition related to ATC and ACC, click here, here and here.

To put things in perspective, posted below is an excerpt from the Manila Bulletin news report. Some parts in boldface…

Lopez-led Rockwell Land Corp. expanded its ownership of Alabang Town Center (ATC) to near-total control after striking a ₱6.2 billion agreement with the Madrigal family to acquire an additional 22.96 percent stake in the property’s operating entity.

In a disclosure filed with the Philippine Stock Exchange on Thursday, July 30, the property developer said it executed share purchase agreements with the majority of the remaining shareholders of Alabang Commercial Corp. (ACC)

The transaction elevates Rockwell’s total equity interest in ACC from 76.3 percent to 99.26 percent, cementing its operational dominance over the 17.5-hectare prime estate in Alabang, Muntinlupa.

The move allows Rockwell to execute an ambitious and decade-long master plan designed to modernize the suburban retail and lifestyle landmark. Following the acquisition, the company confirmed that preliminary planning is already underway. To lead the redesign, Rockwell has engaged Uruguayan-Canadian architect Carlos Ott—renowned internationally for iconic modern landmarks—alongside local architect Jun Rodriguez of PRSP.

The immediate priorities over the next two years will center on foundational operational upgrades, specifically focusing on expanding parking capacity, optimizing traffic circulation, and recalibrating the commercial tenant mix to boost retail performance.

Over a five- to 10-year horizon, Rockwell’s broader vision aims to preserve the site’s original suburban character while modernizing the venue into a high-density, experiential lifestyle and retail hub.

The deal reinforces Rockwell’s growth trajectory in 2026, building upon operational milestones across its residential, commercial, and hospitality portfolios.

Let me end this post by asking you readers: What is your reaction to this recent development? If you are a resident of Alabang or if you usually visit the Alabang Town Center every week, what do you feel about Rockwell’s redevelopment plans of the decades-old, high-end property? Have your favorite stores or restaurants at ATC already stopped operating recently? What do you hope to see in the ATC as the redevelopment happens over the next several years? Do you think Rockwell’s presence in Alabang will alter the entire business environment in Muntinlupa City?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

+++++

Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at @CarloCarrascoPH as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram athttps://www.instagram.com/authorcarlocarrasco

For more South Metro Manila community news and developments, come back here soon. Also say NO to fake news, NO to irresponsible journalism, NO to misinformation, NO to plagiarists, NO to reckless publishers and NO to sinister propaganda when it comes to news and developments. For South Metro Manila community developments, member engagements, commerce and other relevant updates, join the growing South Metro Manila Facebook group at https://www.facebook.com/groups/342183059992673

Makati security concerns rise following reports of alleged crimes

https://fed.brid.gy/r/https://interaksyon.philstar.com/trends-spotlights/2026/07/30/317108/makati-security-concerns-rise-reports-alleged-crimes/

Gov’t sells idle Atrium of Makati units for P1 billion

https://web.brid.gy/r/https://www.rappler.com/business/government-sells-idle-atrium-makati-units/

Rockwell Land’s Profit Jumps Almost 28% On Residential And Leasing Gains

Rockwell Land, the company behind the high-end Rockwell Center and the Alabang Town Center (ATC), saw its profit jump almost 28% on residential and leasing gains, according to a news report by BusinessWorld.

To put things in perspective, posted below is the excerpt from the business news report of BusinessWorld. Some parts in boldface…

ROCKWELL LAND Corp. reported a 27.6% increase in attributable net income to P4.73 billion for 2025 from P3.71 billion in 2024, driven by higher residential revenues, growth in leasing income, and gains from the acquisition and consolidation of Alabang Commercial Corp. (ACC).

Total consolidated revenues rose 3.9% to P20.87 billion from P20.09 billion a year earlier, with residential sales accounting for about 75% of revenues, while commercial leasing contributed around 21%, the company said in its annual report released on Wednesday.

Residential revenues increased by 5% on higher project completion, while retail and leasing income grew 6% due to improved rental rates and occupancy.

Earnings were also supported by “the gain on the acquisition and consolidation of ACC” and increased contributions from affiliates.

Expenses rose during the period, with selling expenses increasing 9% due to higher sales bookings and project completions, while interest expense went up 11% on higher borrowing costs and loan balances.

Cost of real estate declined by 5%, partly offsetting the increase in expenses, while interest income fell 18% due to lower returns on contract receivables and short-term placements.

Income before tax rose to P6.72 billion from P5.30 billion in 2024. Provision for income tax increased to P1.41 billion, bringing net income to P5.31 billion for the year.

Reservation sales jumped 62% to P25.3 billion, driven by “strong demand for newly launched projects.”

Let me end this post by asking you readers: What is your reaction to this recent development? Considering the more expensive fuel prices in connection with the ongoing conflicts in the Middle East, do you think Rockwell will still be able to achieve strong growth this year? Do you think they will soon announce a redevelopment of the Alabang Town Center?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

+++++

Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at @CarloCarrascoPH as well as on Tumblr at https://carlocarrasco.tumblr.com/and on Instagram athttps://www.instagram.com/authorcarlocarrasco

For more South Metro Manila community news and developments, come back here soon. Also say NO to fake news, NO to irresponsible journalism, NO to misinformation, NO to plagiarists, NO to reckless publishers and NO to sinister propaganda when it comes to news and developments. For South Metro Manila community developments, member engagements, commerce and other relevant updates, join the growing South Metro Manila Facebook group at https://www.facebook.com/groups/342183059992673

These independent Asian bookstores deserve a spot on your itinerary

https://web.brid.gy/r/https://www.rappler.com/people/human-interest/independent-asian-bookstores/

What the Makati–Infradev settlement means for the city’s subway plan

https://web.brid.gy/r/https://www.rappler.com/business/makati-city-subway-infradev-settlement-agreement-2026/

Bark voyage! 5 tips for a fur-tastic travel with your dogs

https://web.brid.gy/r/https://www.rappler.com/life-and-style/travel/tips-traveling-with-dogs/

Proposed barangay ordinance in Makati draws flak for banning feeding of stray animals

https://fed.brid.gy/r/https://interaksyon.philstar.com/politics-issues/2025/10/31/304251/proposed-barangay-ordinance-makati-banning-feeding-stray-animals/

At Discovery Primea’s Flame, private dining is a full restaurant experience

https://web.brid.gy/r/https://www.rappler.com/life-and-style/food-drinks/discovery-primea-flame-private-dining-restaurant-experience/

Caught on cam: Couple’s selfie cut short by phone snatching incident in Makati

https://fed.brid.gy/r/https://interaksyon.philstar.com/trends-spotlights/2025/10/15/303570/couple-selfie-cut-short-by-phone-snatching-incident-makati/

Another #photo from last Sunday's long ride. We had our snack break at the park.

"These #BikeRacks are a gift from the Kingdom of the #Netherlands." ❤️🚲

#BicycleParking #bikes #bicycles #AyalaTriangle #MakatiCity #Philippines

Of course we met up with other #bikers at the event. The #MakeItSaferMakati ended around 10AM and 4 of us decided to ride 11km for some #coffee. ☕😅

#bikes #cyclists #MakatiCity #QuezonCity

#Photos from Sunday's #bicycle event calling for a stop to the removal of the #ProtectedBikeLanes on Ayala Ave #MakatiCity #Philippines.

We might say the event was a success, considering that they planned it only Friday. Little time to spread the word.

The turnout was a disappointment for me. I imagined we could at least fill a block of Ayala Ave. I had hoped a lot of people would show up. But, no. My estimate was that there were only about 200.

Oh well. We tried.
#bikes #ActiveMobility

Just a few hours ago I found out about a... um... I guess it counts as a rally. But on #bicycles.

#MakatiCity has announced it will replace the protected* #bike lane on #AyalaAve with #sharrows (shared lane markings). Many people are outraged.

I'm not.
Too long to say here.
Anyway...

I'm joining Sunday's 🚲 even, not because I'm against what's happening to Ayala Ave per se, but more for the broader picture.

We need better bike infrastructure.
Not just band-aid solutions.
#ActiveTransport