Subsidiaries & Affiliates
 
AYALA LAND, INC.
SUBSIDIARIES AND AFFILIATES
(As of December 31, 2010)
CORE BUSINESSES
Ownership (%)
Strategic Landbank Management
By ALI
By the Subsidiaries / Affiliate
Aurora Properties, Inc.
70.0
-
Vesta Property Holdings, Inc.
70.0
-
Ceci Realty, Inc.
60.0
-
Emerging City Holdings, Inc.
50.0
-
- Columbus Holdings, Inc.
-
70.0
- - Bonifacio Land Corporation(a)
5.3
69.9
- - - Fort Bonifacio Development Corp.(b)
-
55.0
Berkshires Holdings, Inc.
50.0
-
- Columbus Holdings, Inc.
-
30.0
- - Bonifacio Land Corporation(a)
5.3
69.9
- - - Fort Bonifacio Development Corp. (b)
-
55.0
Regent Time International Limited
100.0
-
- Bonifacio Land Corporation (a)
5.3
4.8
- - Fort Bonifacio Development Corp. (b)
-
55.0
Buendia Landholdings, Inc.
100.0
-
Red Creek Properties, Inc.
100.0
-
Crimson Field Enterprises, Inc.
100.0
-
Crans Montana Property Holdings Corp.
100.0
-
Amorsedia Development Corporation
100.0
-
- HLC Development Corporation
-
100.0
Ecoholdings Company, Inc.
100.0
-
Residential Development
By ALI  
By the Subsidiaries / Affiliate 
Avida Land Corporation
100.0 
-
- Buklod Bahayan Realty and Development Corp.
- 
100.0
- Avida Sales Corp.
-
100.0
- Amicassa Process Solutions, Inc.
-
100.0
Amaia Land Corporation
100.0
-
Alveo Land Corporation
100.0
-
- Serendra, Inc.
28.1
38.9
Roxas Land Corporation
50.0
-
Amorsedia Development Corporation
-
100.0
- OLC Development Corporation
-
100.0
- - Ayala Greenfield Development Corp.
-
50.0
Ayala Land Sales, Inc.
100.0
-
Ayala Land International Sales, Inc.
100.0
-
Commercial Leasing 
By ALI
By the Subsidiaries / Affiliate
Northbeacon Commercial Corporation
100.0
-
Station Square East Commercial Corporation
69.0
- 
ALI-CII Development Corporation
50.0
-
Alabang Commercial Corporation
50.0
 
-
 
-South Innovative Theater Management, Inc.
-
100.0
North Triangle Depot Commercial Corporation
 49.3 
- 
Accendo Commercial Corporation
59.7
-
Lagoon Development Corporation
30.0
-
Primavera Towncentre, Inc.
100.0
-
Ayala Theatres Management, Inc.
100.0
-
Five Star Cinema, Inc.
100.0
-
Food Court Company, Inc.
100.0
-
Leisure and Allied Industries Phils., Inc.
50.0
-
AyalaLand Commercial REIT, Inc. (ALCRI)
100.0

Subic Bay Town center, Inc.
100.0

Laguna Technopark, Inc.
75.0

Asian I-Office Properties, Inc.
60.0
-
ALI Property Partners Holdings Corp.(c)
80.0
-
- ALI Property Partners Corp.(c)
20.0 
60.0 
- - One Dela Rosa Property Development Inc.
-
 100.0 
- - First Gateway Real Estate Corp.
-
100.0
- - Glensworth Development, Inc.
-
100.0
- - UP North Property Holdings, Inc.
-
100.0
Gisborne Property Holdings, Inc
100.0
- 
Sunnyfield E-Office Corporation
 100.0 
- 
Asterion Technopod, Inc.
  100.0  
-
Crestview E-Office Corporation
100.0
-
Summerhill E-Office Corporation
100.0
 
Hillsford Property Corporation
100.0
 
Visayas-Mindanao
By ALI
 
By the Subsidiaries / Affiliate
Cebu Holdings, Inc.
47.3 
-
- Cebu Property Ventures & Development Corp.

7.8

76.3
- - Asia I-Office Properties, Inc.
-
40.0
- Cebu Leisure Company, Inc.
- 
100.0 
- CBP Theatre Management Inc.
-
100.0 
- Cebu Insular Hotel Company, Inc.
-
 
37.1
 
International
By ALI
By the Subsidiaries / Affiliate 
First Longfield Investments Limited.
100.0
-
- Green Horizons Holdings Limited
-
100.0
- - Arch Capital Management Co., Ltd.
-
17.0
- - Arch Capital Asian Partners, L.P.
-
8.0
  
Regent Wise Investments Limited
100.0 
- 
SERVICES
Ownership (%)
Construction
By ALI  
By the Subsidiaries / Affiliate 
Makati Development Corporation
100.0
-
Property Management
By ALI
 
By the Subsidiaries / Affiliate 
Ayala Property Management Corporation
100.0
-
Philippine Integrated Energy Solutions, Inc.
100.0
-
Hotels 

By ALI  

By the Subsidiaries / Affiliate  
Ayala Hotels, Inc. and Resorts Corp 
100.0
 
-
 
- Enjay Hotels, Inc.
100.0
-
- Cebu Insular Hotel Company, Inc.
-
62.9
- Greenhaven Property Venture, Inc.
100.0
-
Ten Knots Phils, Inc. (TKPI)
60.0
-
Ten Knots Development Corporation (TKDC)
60.0
-
OTHERS
Ownership (%)
 
By ALI
By the Subsidiaries / Affiliate 
Aprisa Business Solutions, Inc.
100.0 
KHI-ALI Manila, Inc
60.0
-
KHI Manila Property, Inc.
20.0
-
Astoria Investment Ventures, Inc.(d)
100.0
-
ALInet.com, Inc.
100.0
-
CMPI Holdings, Inc.
60.0
-
- CMPI Land, Inc.
- 
60.0 

a.ALI’s effective ownership in Bonifacio Land Corporation is 45.05%
b.ALI’s effective ownership in Fort Bonifacio Development Corporation is 24.78%
c.ALI's effective ownership in APPHC is 80% and in APPCo. is 68%                  d.Pertains to common shares