Ayala Land earns ₱39.1B in 2025, up 39%

Ayala Land Inc. booked a consolidated net income of P39.1 billion in 2025, up 39% year-on-year, on the back of the company’s leasing and hospitality expansion strategy.

At a briefing in Makati City on Friday, Ayala Land president and CEO Anna Ma. Margarita Bautista-Dy reported that the property giant posted consolidated revenues of P190.2 billion, up 5% year-on-year.

Ayala Land saw its leasing and hospitality revenues grow by 7% to P48.7 billion.

In particular, shopping center revenues grew 5% to P24.2 billion, backed by improved occupancy and higher portfolio-wide merchant sales.

Meanwhile, revenues from office leasing amounted to P12.2 billion, up 5% year-on-year.

Ayala Land’s hospitality segment, moreover, grew its revenues to P10.6 billion, up 9%, “lifted by the value-accretive acquisition of New World Makati Hotel during the second half of the year.”

“Our business delivered healthy growth in 2025 despite a challenging environment, underscoring the strength of our portfolio and execution. As we enter 2026, we focus on benchmark residential launches that emphasize quality and long-term value. Our Leasing portfolio continues to expand with a banner year of more than 250,000 sqm of leasable space coming online in our Estates,” said Bautista-Dy.

In 2025, Ayala Land deployed P92.6 billion in capital expenditures, 38% of which was spent on property development projects, 29% for the completion and expansion of the leasing portfolio, 18% for estate build-out, and the balance of 15% for land remaining acquisition commitments.

For 2026, Bautista-Dy said the company is earmarking P70 billion to P80 billion in capex, 38% of which will be for leasing projects.

“As far as leasing is concerned, it will be a banner year for us. Leasing will grow double-digit this year,” she said. —LDF, GMA Integrated News