Ayala Land focuses on commercial leasing, capital recycling for 2027
Real estate developer Ayala Land Inc. has outlined its strategic priorities for 2027, establishing an operational roadmap centered on targeted expansion, active capital recycling, and balance sheet discipline.
Presenting the corporate outlook, Ayala Land president and CEO Anna Ma. Margarita Dy said the company's strategy rests on three core pillars: growth, capital allocation, and returns.
"Our focus is on making deliberate choices about where we grow, how we deploy capital, and how we deliver value to our shareholders," Dy said.
"These choices will help us build a more resilient business and sustain earnings growth over the long term," she added.
At the center of the developer's growth engine is a push for double-digit expansion in commercial leasing, anchored primarily by its shopping malls division.
The retail expansion builds on nearly 200,000 square meters of new gross leasable area opened in late 2026—including The Exchange at TriNoma—with another 50,000 square meters scheduled for completion in 2027 across Arca South,Parklinks, and Park Central Plaza.
In property development, the company is pursuing a disciplined execution path backed by ₱30 billion in planned project launches.
Its residential strategy prioritizes developments outside Metro Manila priced below ₱20 million. This is supported by scheduled deliveries totaling 13,000 units across key projects, including Gardencourt Residences and Parklinks North Tower.
Driven by commercial leasing momentum, Ayala Land aims to accelerate earnings growth to twice the rate of the national gross domestic product.
To support that target, commercial leasing is projected to contribute more than 60% of total company earnings before interest, taxes, depreciation, and amortization, establishing recurring income as the enterprise's primary earnings driver.
On capital allocation, the company plans to execute ₱30 billion to ₱40 billion in capital recycling initiatives through AREIT infusions, receivable sales, and strategic asset monetization.
At the same time, Ayala Land is maintaining strict balance sheet guardrails, setting a base case to hold total debt flat and directing any excess capital recycling proceeds toward debt reduction.
"By aligning capital deployment with high-return opportunities and expanding our recurring asset base, we are positioning Ayala Land to deliver sustainable value across market cycles," Dy said.