Ayala Land recognized as the Best Real Estate Developer in the Philippines by Euromoney
January 9, 2025
MAKATI, Philippines --- Ayala Land, Inc. (ALI), a trailblazer in Philippine real estate, has been honored with the title of "Best Real Estate Developer in the Philippines" by Euromoney, a globally renowned authority in banking and finance. This recognition reaffirms ALI's position at the forefront of the nation's real estate industry, highlighting its commitment to innovation, sustainability, and community-focused development.
This latest achievement reflects ALI’s enduring vision: to create vibrant, master-planned communities that elevate the quality of life for Filipinos while fostering economic growth and environmental sustainability. Over three decades of pioneering projects have made ALI synonymous with innovation, excellence, and positive impact.
“We are honored to receive this prestigious recognition from Euromoney as we execute on Ayala Land’s mission to Enhance Land and Enrich Lives for more Filipinos,” said ALI Senior Vice President, Chief Finance Officer and Treasurer, Augusto D. Bengzon. “With a sharp focus on delivering quality products that are guided by our sustainability imperatives, we will continue to strive to build more spaces that enable communities and families to thrive,” he added.
ALI's success is built on its diverse portfolio spanning residential, mall, office, hotel, resort and industrial logistics projects across 53 estates nationwide. Despite industry-wide challenges, ALI continues to prove its resilience and adaptability.
For the first nine months of 2024, the company posted a 15% increase in net income, reaching P21.2 billion, alongside a 27% growth in consolidated revenues to P125.2 billion. Property development revenues rose by 34% to P76.6 billion, driven by higher residential and commercial lot bookings. These figures underscore ALI’s strong foundation and its ability to deliver value for stakeholders, even amid market challenges, while positioning itself for sustained growth and success.
In line with its forward-thinking approach, ALI has expanded its property portfolio by developing new estates like Southmont in Cavite and Centrala in Pampanga, both designed to respond to the needs of growing communities. Its industrial developments, such as the Batangas Technopark, provide platforms for economic activity and job generation, reinforcing its role as a driver of regional progress.
The Euromoney recognition extends beyond ALI to its residential brand, Alveo Land, which was named the "Best Residential Developer in the Philippines." Alveo Land's success is evident in its launch of seven developments across 13 strategic locations and a reported P12.7 billion in gross take-up for the first quarter of 2024, representing a 29% year-on-year increase.
This dual recognition by Euromoney solidifies the Ayala Land group's position as a leader in Philippine real estate, known for its innovative approaches, sustainable practices, and commitment to excellence.
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