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Upscale properties boost ALI sales
Manila Bulletin
|May 7, 2025
Premium residential as well as commercial and industrial lot sales continue to fuel the growth of real estate giant Ayala Land Inc. (ALI), as the middle-income condominium market in Metro Manila continues to be weighed down by weak sentiment, low demand, and excess supply.
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Despite headwinds, the firm said its net income grew 10 percent to P6.9 billion in the first quarter of 2025, as consolidated revenues improved six percent year-on-year to P43.6 billion, driven by resilient property development bookings and healthy leasing operations.
“As we close the first quarter of 2025, I am pleased to share that Ayala Land remains firmly on track—guided by discipline, resilience, and long-term perspective—even as we navigate today’s complex macroeconomic landscape,” said ALI President and Chief Executive Officer (CEO) Anna Ma. Margarita Bautista-Dy.
She added that, “We are energized with what lies ahead and continue to deliver sustainable long-term value for all our stakeholders.”
This story is from the May 7, 2025 edition of Manila Bulletin.
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