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Ayala Land

Real estate firm based in the Philippines

Field	Value
name	Ayala Land Inc.
logo	Ayala Land logo.svg
logo_size	260
type	Public company
traded_as
foundation	in Manila, Philippines
location	Makati, Philippines
area_served	Philippines
key_people	Fernando M. Zóbel de Ayala
(Chairman)
Anna Ma. Margarita B. Dy
(President)
revenue	(FY 2024)
assets	₱918.75 billion (FY 2024)
net_income	₱28.23 billion (FY 2024)
parent	Ayala Corporation
homepage

(Chairman) Anna Ma. Margarita B. Dy (President)

Ayala Land, Inc. (ALI) is a full line real estate firm based in the Philippines. It is a subsidiary of Ayala Corporation. It began as a division of Ayala Corporation until it was spun off and incorporated in 1988. It became publicly listed in the Philippine Stock Exchange (PSE: ALI) in July 1991. Its core businesses are in strategic landbank management, residential development, retail shopping centers, corporate businesses, and hotels & resorts. Support businesses are in construction and property management. ALI also derives other income from its investment activities and sale of non-core assets. On April 2015, ALI bought a minority stake in Malaysian property developer MCT Bhd. in a () deal, that is raised to 66.3% as of 2024.

Controversies

Animal cruelty allegations

Caged eggs in Ayala Land's global supply chain

Ayala Land's hospitality arm Ayala Land Hotels and Resorts which operates Raffles Makati and Seda Hotels as well as El Nido Resorts in the Philippines, has been facing negative publicity for using of battery-cage eggs in its supply chain. Due to the cruel conditions on those farms, as well as the health risks associated with eggs produced in battery cages, the European Union Council Directive 1999/74/EC banned caged farms back in 2012.

References

Ayala Land posts strong Q1 2017 profit, up 18% at 5.56B

References

Dumlao-Abadilla, Doris. "Ayala Land nets P6.52B".
(October 2016)
"Ayala Land Inc. » Financial_and_Operating_Highlights » Annual_Reports".
"BusinessWorld {{!}} Ayala Land buys into MCT Bhd. in first foray into Malaysia".
edge.pse.com.ph/openDiscViewer.do?edge_no=30a5bbcea364884dec6e1601ccee8f59
"Hotels and Resorts in the Philippines {{!}} Ayala Land, Inc.".
(August 16, 2023). "Raffles Makati Webpage".
(August 16, 2023). "Seda Hotels Webpage".
(August 16, 2023). "El Nido Resorts Webpage".
Baldueza, Jallison. (July 13, 2023). "From Cages to Compassion: New Industry Report Finds Over 75% of Hotel Groups in the Philippines Has Committed to Source Only Cage-Free Eggs".

Info: Wikipedia Source

This article was imported from Wikipedia and is available under the Creative Commons Attribution-ShareAlike 4.0 License. Content has been adapted to SurfDoc format. Original contributors can be found on the article history page.

ayala-land real-estate-companies-established-in-1988 companies-listed-on-the-philippine-stock-exchange companies-based-in-makati companies-in-the-pse-composite-index

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