Ayala Land, Inc. (ALI), a trailblazer in Philippine real estate, has been recognized as the “Best Real Estate Developer in the Philippines” by Euromoney, a global authority in banking and finance. This prestigious award reaffirms Ayala Land’s position as a leader in the nation’s real estate industry, emphasizing its commitment to innovation, sustainability, and community-focused development.
For over three decades, Ayala Land has been synonymous with creating master-planned communities designed to enhance the quality of life for Filipinos while fostering economic growth and environmental stewardship. Its dedication to these principles remains at the heart of its mission.
“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,” said Augusto D. Bengzon, ALI’s Senior Vice President, Chief Finance Officer, and Treasurer. “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.”
Strong Financial Performance
Ayala Land’s financial results reflect its resilience and adaptability in the face of industry-wide challenges. For the first nine months of 2024, the company posted a 15% increase in net income, reaching ₱21.2 billion. Consolidated revenues grew by 27% to ₱125.2 billion, while property development revenues rose by 34% to ₱76.6 billion, driven by strong bookings for residential and commercial lots. These figures underscore the company’s robust foundation and ability to deliver value for stakeholders while positioning itself for sustained growth.
Expanding Portfolio of Estates and Developments
Ayala Land continues to expand its portfolio with the development of new estates, including Southmont in Cavite and Centrala in Pampanga, which cater to the needs of growing communities. Its industrial projects, such as the Batangas Technopark, further support economic activity and job creation, highlighting the company’s role as a driver of regional progress.
Alveo Land’s Milestone Recognition
In addition to Ayala Land’s award, its residential brand, Alveo Land, was named the “Best Residential Developer in the Philippines” by Euromoney. Alveo Land’s impressive performance includes the launch of seven new developments across 13 strategic locations and achieving a gross take-up of ₱12.7 billion in the first quarter of 2024—a 29% increase compared to the previous year.
Leadership in Philippine Real Estate
These recognitions from Euromoney solidify the Ayala Land group’s leadership in the Philippine real estate industry. With its innovative developments, commitment to sustainability, and unwavering dedication to excellence, Ayala Land continues to set the benchmark for the industry, enriching lives and creating vibrant, thriving communities.
