Property giant posts P14.2B H1 profit on strong leasing and residential sales

Real estate developer Ayala Land Inc. (ALI) recorded an 8 percent rise in net income to P14.2 billion in the first half of 2025, buoyed by strong leasing and hospitality revenues alongside sustained demand for residential and commercial properties.

In a disclosure to the stock exchange, the company reported consolidated revenues of P83.1 billion, up from the same period last year. Of this, property development contributed P52.3 billion, supported by strong take-up in commercial and industrial lots and high-end residential projects.

Residential revenues reached P41.3 billion, driven primarily by AyalaLand Premier and Alveo developments. Demand remained robust in flagship estates such as Arca South in Taguig, Circuit Makati, and Arillo in Batangas.

Sales reservations reached P73.7 billion during the first six months, translating to monthly average sales of P12.3 billion higher than the P11.8 billion monthly average recorded in 2024. Premium residential developments accounted for the bulk of the sales at P40.6 billion, while the core residential segment added P25.1 billion.

“We are preparing for a busy second half with P57 billion in new property launches and the completion of reinvention works in our malls and hotels,” said ALI President and CEO Anna Ma. Margarita Bautista-Dy.

From January to June, ALI launched P42.9 billion worth of projects, including the Laurean Residences in Makati and new industrial lots in Cavite.

Leasing and hospitality income also reached a record high of P23.2 billion in the first half, marking a 5 percent growth year-on-year. Revenues from shopping malls and offices both increased by 5 percent, while hospitality revenues rose to P4.9 billion despite ongoing renovations across several hotel properties.

The company’s industrial real estate segment also saw significant growth, with revenues jumping 60 percent to P762 million.

Capital expenditures amounted to P40.2 billion, with 42 percent allocated to residential development and the rest supporting commercial, office, and estate development projects.

Ayala Land is expected to sustain its growth trajectory for the remainder of the year, supported by new project launches and strong leasing momentum across its portfolio.