Premium segment boosts Ayala Land Q1 earnings to P6.9B

MANILA, Philippines –  Demand for its premium developments and improved leasing operations boosted the first-quarter net income of real estate giant Ayala Land Inc. (ALI) by 10 percent to P6.9 billion.

The Zobel family-led company reported on Tuesday its consolidated revenues had climbed by 6 percent to P43.6 billion, driven by more bookings at its developments.

Property development revenues rose by 11 percent to P27.8 billion, buoyed by premium residential offerings and commercial and industrial lots.

READ: Ayala Land net income reached P28.2B in 2024

Residential revenues ended at P22 billion, up by 3 percent on the continued strength of the premium segment, which is typically shielded from macroeconomic conditions.

Commercial and industrial lot revenues, meanwhile, more than doubled to P5.7 billion on the back of strong sales at Arca South in Taguig City.

In the January to March period, ALI launched four projects worth P12.6 billion, around 90 percent of which were in the premium segment.

All the new projects are located outside Metro Manila, reflecting high demand for properties in other provinces.

Leasing revenues rose by 7 percent to P11.6 billion as ALI booked gains from its flagship malls and hospitality assets, both of which had been undergoing major renovations.

“As we close the first quarter of 2025, I am pleased to share that Ayala Land remains firmly on track—guided by discipline, resilience and long-term perspective—even as we navigate today’s complex macroeconomic landscape,” ALI president and CEO Anna Ma. Margarita Bautista-Dy said in a statement.