Ayala Land Inc. (ALI), one of the country’s largest real estate developers, reported a 10 percent year-on-year increase in net income to ₱6.9 billion for the first quarter of 2025, signaling sustained momentum in both property development and leasing operations.
Revenue rose 6 percent to ₱43.6 billion, driven by an 11 percent surge in property development income to ₱27.8 billion. The gains were fueled by strong demand for premium residential units and significant sales of commercial and industrial lots, particularly at the Arca South estate. While core residential sales softened, the pivot toward higher-margin segments helped offset the decline.
Reservation sales grew 4 percent to ₱36.2 billion, with industrial lot sales tripling year-on-year. ALI also launched four new projects worth ₱12.6 billion outside Metro Manila, including a flagship development in Davao, reflecting its ongoing geographic diversification strategy.
Leasing revenue rose 7 percent to ₱11.6 billion, supported by stable 4 percent growth in mall and office income and a 10 percent jump in hotel and resort revenues. The company’s industrial leasing segment expanded rapidly, recording a 60 percent rise in revenues to ₱357 million—underscoring ALI’s focus on mixed-use estate development.
Capital expenditures reached ₱20.6 billion, with nearly half allocated to residential projects. ALI maintained a conservative financial position with a net gearing ratio of 0.75:1 and interest coverage of 5.2x.
“We are energized with what lies ahead,” said ALI president and CEO Anna Ma. Margarita Bautista-Dy, reaffirming the company’s long-term strategy amid macroeconomic uncertainties. ALI returned ₱8 billion to shareholders through dividends and buybacks—28 percent of its 2024 net income—reinforcing its commitment to shareholder value.
