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Ayala Land Inc. (ALI) prepares to launch P57 billion worth of projects in the second semester of 2025 after posting a strong first-half performance.
“Our sales momentum is improving, and we are preparing for a busy second half with P57 billion in new property development launches, and the completion of reinvention works of malls and hotels,” said ALI president and chief executive Anna Ma. Margarita Bautista-Dy.
“These initiatives will support our growth aspirations for 2025 and beyond,” she said.
ALI reported an 8-percent increase in net income to P14.2 billion in the first six months of 2025, supported by steady property development revenues and record leasing and hospitality income.
Consolidated revenues rose to P83.1 billion during the period.
Property development revenues reached P52.3 billion in the first six months, driven by higher recognized revenues from AyalaLand Premier and Alveo residential projects.
Commercial and industrial lot sales grew 42 percent to P9.1 billion, while revenues from offices-for-sale rose 5 percent to P1.9 billion.
First-half sales reservations hit P73.7 billion, equivalent to P12.3 billion in monthly sales. This was up 4 percent from the monthly average in 2024.
Premium residential sales led the segment at P40.6 billion, while sales of commercial and industrial lots rose 7 percent to P8 billion.
Core residential sales also gained momentum in the second quarter, with first-half sales totaling P25.1 billion.
ALI launched P42.9 billion worth of new projects in the first half, including Laurean Residences in Makati City, commercial lots in Areza, Batangas and industrial lots at Cavite Technopark.
Leasing and hospitality revenues reached a record P23.2 billion, up 5 percent year-on-year.
Shopping center revenues grew 5 percent to P11.6 billion on increasing contributions from existing and new malls.
Office leasing revenues also rose 5 percent to P5.9 billion, as vacancy rates remained low.
Hospitality revenues hit P4.9 billion, driven by solid occupancy despite renovations affecting close to 900 rooms, while revenues from the industrial real estate segment went up 60 percent to P762 million.
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