Public (: ALI) | |
Founded | Manila, Philippines in 1988 |
Headquarters | Makati, Philippines |
Key people
|
Fernando Zobel de Ayala (Chairman) Bernard Vincent Dy (President) |
₱14.8 billion (approx US$336.4 million USD) (2014) | |
Parent | Ayala Corporation |
Website | [1] |
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 (PSE: ALI) in 1991. Its core businesses are in strategic landbank management, residential development, shopping centers, corporate businesses, and hotels. Support businesses are in construction and property management. ALI also derives other income from its investment activities and sale of non-core assets. Last April 2015, ALI bought a minority stake in Malaysian property developer MCT Bhd. in a P1.9-billion ($43-million) deal.