Ayala Land, Inc. (ALI), the biggest property developer in the country, achieved consolidated net income of P39.1 billion for the year 2025, resulting from the company’s expanding leasing and hospitality segment and gains from portfolio management initiatives. Its consolidated revenues stood at P190.2 billion, representing a five percent growth from last year, while the net income from core operations reached P30.6 billion, eight percent higher year-on-year.

ALI President and CEO Anna Ma. Margarita Bautista-Dy said, “Our business delivered healthy growth in 2025 despite a challenging environment, underscoring the strength of our portfolio and execution.”

ALI's property development business generated P113.9 billion in revenues, driven by strong estate lot and office-for-sale bookings, as well as a sequential improvement in core residential revenues. Healthy bookings from projects located in ALI estates such as Arca South, Circuit Makati, and Centrala in Pampanga achieved a combined revenue of P22.5 billion from office and estate lots.

Last year, sales reservations totaled P142.3 billion, supported by stable demand for residential and estate lots. The year also saw total launches ending at P60.4 billion, comprised of 77 percent residential developments, supplemented by 23 percent worth of prime commercial and industrial lots in key locations within ALI estates.

Broad-based growth across all leasing and hospitality segments drove revenues seven percent to P48.7 billion. Shopping center revenues increased by five percent to P24.2 billion, driven by improved occupancy and higher portfolio-wide merchant sales.

Revenues from office leasing stood at P12.2 billion, a five percent increase over last year, driven by maintaining better-than-industry occupancy rates. In addition, the hospitality segment posted revenues of P10.6 billion, an improvement of nine percent year over year, lifted by the value-accretive acquisition of the New World Makati Hotel during the second half of the year.

In 2025, ALI opened 77 thousand square meters of new commercial leasing space, comprised of additional gross leasable area (GLA) at Ayala Malls Vermosa, the opening of new retail spaces at Evo City in Cavite and Park Triangle in BGC, and the completion of regional office techno hubs at Nuvali in Laguna and Atria Park in Iloilo.

Complementing these expansion initiatives are the completion of reinvention works at two flagship malls (Ayala Center Cebu and TriNoma) and five hospitality assets (Seda Abreeza, Centrio, BGC T1, Holiday Inn Makati, and Lagen).

From the previous year, a total of P92.9 billion in capital expenditures was deployed, of which 38 percent was spent on property development projects, 29 percent on the completion and expansion of the leasing portfolio, 18 percent on estate build-out, and the balance of 15 percent on land acquisition commitments.

“As we enter 2026, we focus on benchmark residential launches that emphasize quality and long-term value. Our leasing portfolio continues to expand with a banner year of more than 250,000 sqm of leasable space coming online in our estates,” concluded Bautista-Dy.