AYALA LAND SETS ₱30-B PROJECT LAUNCHES IN 2026 AMID CAUTIOUS OUTLOOK

Ayala Land, Inc. (ALI) plans to roll out ₱30 billion worth of projects this year, roughly half of its 2025 launches, as the company adopts a more measured approach amid economic headwinds.

ALI President and CEO Meean Dy said project launches have steadily declined—from ₱80 billion in 2024, to ₱60 billion in 2025, down to ₱30 billion in 2026—citing oversupply in certain areas and increased competition.

“We actually have a lot of projects that we are ready to launch if we see the opportunity. For me, it’s really a very area-specific, market-specific outlook,” Dy explained.

Half of this year’s portfolio will target the premium market, while the remaining half focuses on core or middle-income developments, reflecting renewed growth in the core segment.

Mike Jugo, head of ALI’s Premium Residential Group, said last year’s ₱30-billion Laurean Residences launch heavily contributed to the 2025 total, while this year’s pipeline is more balanced.

ALI is also expanding its leasing and hospitality operations, with over 250,000 sqm of leasable space and 200,000 sqm of malls set to open this year. Redevelopment efforts aim to attract international and Asian brands, including JD Sports, Anko, and Bacha Coffee.

Dy added that the company is evaluating acquisitions of government assets slated for privatization, considering both valuation and potential returns.

In 2025, ALI reported a consolidated net income of ₱39.1 billion, largely driven by its leasing and hospitality unit, which generated ₱48.7 billion in revenues.

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