Ayala Land feted as best realty firm
‘We will continue to strive to build more spaces that enable communities and families to thrive’
Daily Tribune‘We will continue to strive to build more spaces that enable communities and families to thrive’
Golden ties Ayala Corp. recently celebrated in Tokyo, 50 years of partnership with Japan’s Mitsubishi Corp. Exchanging partnership memorabilias are (from left) Fernando Zobel de Ayala, member of the board of directors of AC; Mitsubishi Corporation president and CEO Takehiko Kakiuchi and AC chairperson Jaime Augusto Zobel de Ayala.
Photograph courtesy of Ayala Corp.
Ayala Land Inc. (ALI), a leader in Philippine real estate, has been named “Best Real Estate Developer in the Philippines” by Euromoney, a global authority in banking and finance.
The recognition reaffirms ALI’s position at the forefront of the real estate industry, highlighting its commitment to innovation, sustainability, and community-focused development.
This latest achievement reflects ALI’s enduring vision: to create vibrant, master-planned communities that elevate the quality of life for Filipinos while fostering economic growth and environmental sustainability.
Over three decades of pioneering projects have made ALI synonymous with innovation, excellence, and positive impact.
“We are honored to receive this prestigious recognition from Euromoney as we execute on Ayala Land’s mission to Enhance Land and Enrich Lives for more Filipinos,” ALI senior vice president, chief finance officer and treasurer Augusto Bengzon said.
“With a sharp focus on delivering quality products that are guided by our sustainability imperatives, we will continue to strive to build more spaces that enable communities and families to thrive,” he added.
ALI has built its success on its diverse portfolio spanning residential, mall, office, hotel, resort and industrial logistics projects across 53 estates nationwide.
Despite industry-wide challenges, ALI continues to prove its resilience and adaptability.
For the first nine months of 2024, the company posted a 15 percent increase in net income, reaching P21.2 billion, alongside a 27 percent growth in consolidated revenues to P125.2 billion.
Property development revenues rose by 34 percent to P76.6 billion, driven by higher residential and commercial lot bookings.
The figures underscore ALI’s strong foundation and its ability to deliver value for stakeholders, even amid market challenges, while positioning itself for sustained growth and success.
In line with its forward-thinking approach, ALI has expanded its property portfolio by developing new estates like Southmont in Cavite and Centrala in Pampanga, both designed to respond to the needs of growing communities.
Its industrial developments, such as the Batangas Technopark, provide platforms for economic activity and job generation, reinforcing its role as a driver of regional progress.
The Euromoney recognition extends beyond ALI to its residential brand, Alveo Land, which was named the “Best Residential Developer in the Philippines.”
Alveo Land’s success is evident in its launch of seven developments across 13 strategic locations and a reported P12.7 billion in gross take-up for the first quarter of 2024, representing a 29 percent increase from a year ago.
This dual recognition by Euromoney solidifies the Ayala Land group’s position as a leader in Philippine real estate, known for its innovative approaches, sustainable practices, and commitment to excellence.
