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Ayala Land, Inc. (ALI) is a 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 1991. Its core businesses are in strategic landbank management, residential development, shopping centers, corporate businesses, and hotels. 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] Last April 2015, ALI bought a minority stake in Malaysian property developer MCT Bhd. in a P1.9-billion ($43-million) deal.[3]

References

  1. ^ Philippine Stock Exchange Listed Companies http://www.pse.com.ph/html/ListedCompanies/listedcompanyinfo.jsp?compID=180&recCtr=5&subsector=9[permanent dead link]
  2. ^ Ayala Land 2009 Integrated Annual and Sustainability Report, pp. 208-209 "Archived copy". Archived from the original on 2010-03-26. Retrieved 2010-09-29. 
  3. ^ "BusinessWorld Ayala Land buys into MCT Bhd. in first foray into Malaysia". www.bworldonline.com. Retrieved 2015-06-01. 

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

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