For the first semester of 2025, Ayala Land, Inc. (ALI) posted P14.2 billion in net income, an 8 percent growth from last year, attained based on the strength of its diversified portfolio that includes premium residential, commercial and industrial spaces, retail leasing and hospitality, and industrial real estate platforms.

Led by the sustained take-up of signature projects under Ayala Land Premier (ALP), ALI’s premium residential segment garnered 6 percent growth. Revenues from the residential business stood at P41.3 billion, mainly from higher recognized revenues of Ayala Land Premier (ALP) and Alveo projects, reflecting an increased take-up of high-quality, well-located properties by the market.

ALP’s newest launch, Laurean Residences in the Makati Central Business District, will add ₱27.9 billion worth of inventory and 388 luxury units to the portfolio.

To remain ahead of shifting customer expectations, ALP has partnered with global design firms, including SOM for architecture, Joyce Wang for interior design, and Tectonix for landscaping, and French contractor Bouygues Bâtiment for world-class execution on several high-profile projects. In addition, Ayala Land Hospitality has begun managing property and community services for select developments, bringing hotel-level service standards to residential living, starting with Park Central Towers.

With over ₱15 billion worth of premium projects lined up for launch in Southern Luzon in the second half, Ayala Land is building on its advantage in the high-end market, particularly in horizontal formats that offer both space and exclusivity.

From commercial and industrial lot sales, ALI generated revenue of ₱9.1 billion, reflecting a 42 percent growth in the first half of 2025. According to the company, the strong demand and boost of infrastructure development in key growth areas drove the revenue gains, primarily from integrated estates in Arca South in Taguig City, Circuit Makati, and its newest leisure estate, Arillo in Batangas.

The recent infrastructure developments in the Taguig City Integrated Terminal Exchange (TCITx) and the Skyway Stage 4 (SEMME) supported the robust performance.

In the first half of 2025, ALI also scored a record-high leasing revenue, affirming the strength of its recurring income base despite the temporary disruption of ongoing reinvention works across its flagship malls and the renovation of several hotel assets.

The developer reported ₱23.2 billion in revenues from its leasing and hospitality business, achieving a 5 percent increase year-on-year. Office leasing also delivered a 5 percent year-on-year growth, generating ₱5.9 billion in revenues, backed by stable occupancy and consistent rental rates.

Its retail leasing continued to perform steadily, with shopping center revenues growing 5 percent to ₱11.6 billion, supported by the solid performance of core and emerging malls.

Hospitality revenues remained healthy at ₱4.9 billion, as improved average daily rates and occupancy offset the temporary closure of approximately 900 rooms under renovation in the first half.

Renovation works in Seda BGC, Centrio, Abreeza, Holiday Inn Makati, and Lagen Resort are expected to be completed by year-end, alongside the full income contribution of the newly acquired New World Makati, a 5-star hotel in the Makati CBD.

“Our reinvention and expansion strategy is bearing fruit. Despite ongoing upgrades, our recurring income businesses are delivering results and positioning us well for stronger contributions in the second half,” said ALI President and CEO Meean Dy.

Ayala Land expects further gains in the second half as reinvention works at TriNoma and Ayala Center Cebu reach completion and new leasable spaces begin operations, such as Evo City, Park Triangle, and Arca South.

For its industrial real estate platform, the company also noted a 60 percent year-on-year growth to ₱762 million, driven by land owned by AREIT and new warehousing and cold storage facilities.