Ayala Land

Ayala Land Inc.
Company typePublic company
PSEALI
FoundedJune 30, 1988; 37 years ago (1988-06-30) in Manila, Philippines
HeadquartersMakati, Philippines
Area served
Philippines
Key people
Fernando M. Zóbel de Ayala
(Chairman)
Anna Ma. Margarita B. Dy
(President)
RevenueIncrease 180.74 billion (FY 2024)
Increase ₱28.23 billion (FY 2024)
Total assetsIncrease ₱918.75 billion (FY 2024)
ParentAyala Corporation
Websiteayalaland.com.ph

Ayala Land, Inc. (ALI) is a full line real estate firm based in the Philippines. It is a subsidiary of Ayala Corporation. It began as a division of Ayala Corporation until it was spun off and incorporated in 1988. It became publicly listed in the Philippine Stock Exchange (PSE: ALI) in July 1991. Its core businesses are in strategic landbank management, residential development, retail shopping centers, corporate businesses, and hotels & resorts. Support businesses are in construction and property management. ALI also derives other income from its investment activities and sale of non-core assets.[1][2][3] On April 2015, ALI bought a minority stake in Malaysian property developer MCT Bhd. in a 1.9-billion (US$43-million) deal,[4] that is raised to 66.3% as of 2024.[5]

Controversies

Land Grabbing

Post-typhoon land grab on Sicogon Island

According to Rolling Stone[6] and The New York Times[7], Ayala Land played a role in a 2013 land grab to build a resort. The Inquirer detailed how a documentary Asog exposed the transgression and helped force Ayala Land to pay millions of dollars in reparations to the community.[8] According to Time Magazine: "The film features residents of Sicogon Island, some 6,000 of whom were subjected to a poststorm land grab perpetrated by Ayala Land Inc. to build a luxury resort. Following Asog’s success on the festival circuit, Ayala eventually started listening to residents’ demands and has agreed to pay $5.1 million in reparations to 784 displaced families."[9]

Animal cruelty allegations

Caged eggs in Ayala Land's global supply chain

Ayala Land's hospitality arm Ayala Land Hotels and Resorts[10] which operates Raffles Makati[11] and Seda Hotels[12] as well as El Nido Resorts[13] in the Philippines, has been facing negative publicity for using of battery-cage eggs in its supply chain.[14] Due to the cruel conditions on those farms, as well as the health risks associated with eggs produced in battery cages, the European Union Council Directive 1999/74/EC banned caged farms back in 2012.

References

  1. ^ Dumlao-Abadilla, Doris. "Ayala Land nets P6.52B". Retrieved November 28, 2018.
  2. ^ Philippine Stock Exchange Listed Companies http://www.pse.com.ph/html/ListedCompanies/listedcompanyinfo.jsp?compID=180&recCtr=5&subsector=9[permanent dead link]
  3. ^ Ayala Land 2009 Integrated Annual and Sustainability Report, pp. 208-209 "Ayala Land Inc. » Financial_and_Operating_Highlights » Annual_Reports". Archived from the original on March 26, 2010. Retrieved September 29, 2010.
  4. ^ "BusinessWorld | Ayala Land buys into MCT Bhd. in first foray into Malaysia". www.bworldonline.com. Retrieved June 1, 2015.
  5. ^ edge.pse.com.ph/openDiscViewer.do?edge_no=30a5bbcea364884dec6e1601ccee8f59
  6. ^ Wang, Mel (May 22, 2025). "'Asog': The Biggest Movie That The Philippines Has Never Seen". Rolling Stone Magazine Philippines.
  7. ^ Devika, Girish (July 25, 2025). "Five International Movies to Stream". The New York Times.
  8. ^ Lugay, Elton (March 27, 2025). "Ayala Land to pay $5 million in reparations after 'Asog' exposé". The Inquirer.
  9. ^ Campbell, Charlie (June 5, 2025). "Fishing Communities in the Philippines Are Fighting for their Future as Waters Rise". Time Magazine.
  10. ^ "Hotels and Resorts in the Philippines | Ayala Land, Inc". Ayalaland.com.ph. Retrieved August 16, 2023.
  11. ^ "Raffles Makati Webpage". Raffles Makati. August 16, 2023. Retrieved August 16, 2023.
  12. ^ "Seda Hotels Webpage". Seda Hotels. August 16, 2023. Archived from the original on December 27, 2012. Retrieved August 16, 2023. Alt URL
  13. ^ "El Nido Resorts Webpage". El Nido Resorts. August 16, 2023. Retrieved August 16, 2023.
  14. ^ Baldueza, Jallison (July 13, 2023). "From Cages to Compassion: New Industry Report Finds Over 75% of Hotel Groups in the Philippines Has Committed to Source Only Cage-Free Eggs". MegaBites. Retrieved August 16, 2023.

Ayala Land posts strong Q1 2017 profit, up 18% at 5.56B