Ayala Land

Ayala Land, Inc. (ALI) is a 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.[1][2][3] Last April 2015, ALI bought a minority stake in Malaysian property developer MCT Bhd. in a ₱1.9-billion (US$43-million) deal.[4]

For its parent company, see Ayala Corporation.

Ayala Land Inc.
TypePublic company
PSE: ALI
FoundedSeptember 14, 1988 (1988-09-14) in Manila, Philippines
HeadquartersMakati, Philippines
Area served
Philippines
Key people
Fernando Zobel de Ayala
(Chairman)
Bernard Vincent Dy
(President)
RevenueDecrease ₱96.27 billion (FY 2020)
Decrease ₱8.73 billion (FY 2020)
Total assetsIncrease ₱721.49 billion (FY 2020)
ParentAyala Corporation
Websiteayalaland.com.ph

Controversies

Caged eggs in Foodpanda's global supply chain

Ayala Land's hospitality arm Ayala Land Hotels and Resorts[5] which operates Raffles Makati[6] and Seda Hotels[7] as well as El Nido resorts[8] in Philippines, has been facing negative publicity for using of battery-cage eggs in its supply chain.[9] 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
  1. Dumlao-Abadilla, Doris. "Ayala Land nets P6.52B". Retrieved November 28, 2018.
  2. Philippine Stock Exchange Listed Companies http://www.pse.com.ph/html/ListedCompanies/listedcompanyinfo.jsp?compID=180&recCtr=5&subsector=9%5B%5D
  3. Ayala Land 2009 Integrated Annual and Sustainability Report, pp. 208-209 "Ayala Land Inc. » Financial_and_Operating_Highlights » Annual_Reports". Archived from the original on March 26, 2010. Retrieved September 29, 2010.
  4. "BusinessWorld | Ayala Land buys into MCT Bhd. in first foray into Malaysia". www.bworldonline.com. Retrieved June 1, 2015.
  5. "Hotels and Resorts in the Philippines | Ayala Land, Inc". Ayalaland.com.ph. Retrieved August 16, 2023.
  6. "Raffles Makati Webpage". Raffles Makati. August 16, 2023. Retrieved August 16, 2023.
  7. "Seda Hotels Webpage". Seda Hotels. August 16, 2023. Archived from the original on December 27, 2012. Retrieved August 16, 2023. Alt URL
  8. "El Nido Resorts Webpage". El Nido Resorts. August 16, 2023. Retrieved August 16, 2023.
  9. 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". MegaBites. Retrieved August 16, 2023.

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

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