Ayala Land, Inc. (ALI) is a real estate firm based in the
Philippines
The Philippines (; fil, Pilipinas, links=no), officially the Republic of the Philippines ( fil, Republika ng Pilipinas, links=no),
* bik, Republika kan Filipinas
* ceb, Republika sa Pilipinas
* cbk, República de Filipinas
* hil, Republ ...
. It is a subsidiary of
Ayala Corporation
Ayala Corporation (Spanish: ''Corporación Ayala'', formerly ''Ayala y Compañía'' (Ayala & Company)) is the publicly listed holding company for the diversified interests of the Ayala Group. Founded in the Philippines by Domingo Róxas and A ...
. 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
The Philippine Stock Exchange, Inc. ( fil, Pamilihang Sapi ng Pilipinas; ) is the national stock exchange of the Philippines. The exchange was created in 1992 from the merger of the Manila Stock Exchange and the Makati Stock Exchange. Includin ...
(PSE: ALI) in July 1991. Its core businesses are in strategic landbank management,
residential development
A residential area is a land used in which housing predominates, as opposed to industrial and commercial areas.
Housing may vary significantly between, and through, residential areas. These include single-family housing, multi-family resi ...
, retail shopping centers, corporate businesses, and hotels & resorts. Support businesses are in construction and
property management
Property management is the operation, control, maintenance, and oversight of real estate and physical property. This can include residential, commercial, and land real estate. Management indicates the need for real estate to be cared for and monit ...
. ALI also derives other income from its investment activities and sale of non-core assets.
[Ayala Land 2009 Integrated Annual and Sustainability Report, pp. 208-209 ] Last April 2015, ALI bought a minority stake in Malaysian property developer MCT Bhd. in a P1.9-billion ($43-million) deal.
References
Ayala Land posts strong Q1 2017 profit, up 18% at 5.56B
External links
Ayala Land official websiteOfficial Facebook Account
{{PSEi
Real estate companies established in 1988
Companies listed on the Philippine Stock Exchange
Companies based in Makati