Ayala Land, Inc. (ALI) was organized in 1988 when Ayala Corporation decided to spin off its real estate division into an independent subsidiary to enhance management focus on its real estate business. ALI went public in July 1991 when its class “B” common shares were listed both in the Manila and Makati Stock Exchanges. On September 12, 1997, the Securities and Exchange Commission approved the declassification of ALI’s common class “A” and common class “B” shares into common shares.
Products and Business Lines
To carry on its business in an organized and efficient manner, Ayala Land structured its operations into key strategic business lines such as Property Development, Commercial Leasing, Hotels and Resorts and Services.
The Residential Business Group handles the sale of high-end residential lots and units (including leisure community developments), office spaces, commercial and industrial lots, middle-income residential lots and units, affordable lot units and house and lot packages, economic housing units and house and lot packages, and socialized housing packages, and the lease of residential units and marketing of residential developments. The products developed and sold are further classified into the following brands: AyalaLand Premier (“ALP”) for high-end village lots and condominium units, Alveo Land Corp. (“Alveo”) for upscale village lots, condominium and office units, Avida Land Corp. (“Avida”) for middle-income village lots, house and lot packages, condominium and office units, Amaia Land Corp. (“Amaia”) for economic house and lot packages, and BellaVita Land Corp. (“BellaVita”) for the socialized house and lot packages.
Strategic Landbank Management and Visayas-Mindanao – acquisition, development and sale of large, mixed-use, masterplanned communities; sale of override units or Ayala Land’s share in properties made available to subsidiaries for development; lease of carparks; development, sale and lease of the Company and subsidiaries’ product offerings in key cities in the Visayas and Mindanao regions.
Shopping Centers – development of shopping centers and lease to third parties of retail space and land therein; operation of movie theaters, food courts, entertainment facilities and carparks in these shopping centers; management and operations of malls which are co-owned with partners.
Office Leasing – development and lease of office buildings and lease of factory buildings.
Hotels and Resorts – development, operation and management of branded and owner-operated hotels; lease of land to hotel tenants; development, operation and management of eco-resorts.
Construction – land development and construction of ALI and third-party projects.
Property Management – facilities management of ALI and third-party projects; operation of water and sewage treatment facilities in some ALI projects;distribution of district cooling systems; bulk purchase and supply of electricity for energy solutions.
In addition to above business lines, Ayala Land also derives other income from its investment activities and sale of non-core assets.