Ayala Land in the forefront of a transformative landscape in real estate
This year, the real estate industry has placed a significant emphasis on recovery, as Philippine property developers are reaping the rewards of refined strategies honed during the pandemic. These strategies, adapted to overcome economic obstacles such as high inflation and interest rates, have proven to be successful in an economy on an upswing.
At the core of these emerging strategies is a focus on sustainability and digital transformation. Property developers are increasingly prioritizing environmental responsibility by incorporating green spaces, renewable energy sources, and innovative technology into their projects. Digital technologies, meanwhile, enable companies to engage consumers, enhance their customer experience, and streamline their processes.
Ayala Land, Inc. (ALI), a pioneer in Philippine property development, is at the forefront of these transformative strategies. ALI reported a 41% increase in first-half attributable net income, reaching P11.39 billion, and a 23% surge in real estate revenues, now standing at P64.52 billion, up from P52.32 billion in the same period the previous year.
Residential reservation sales, which contributed significantly to these revenues, witnessed an 18% year-over-year increase, amounting to P58.3 billion. This surge was driven by AyalaLand Premier’s Ciela in Carmona, Cavite; Alveo’s Park East Place in Bonifacio Global City; Arcilo at Nuvali in Laguna; Parklinks South Tower in Quezon City; and Avida Towers’ Makati Southpoint.
Known for its consistent leadership in the Philippine real estate industry, Ayala Land continuously adapts to evolving market trends. The company boasts a diverse portfolio of real estate developments, including residential, leisure, commercial, industrial, and construction and property management services, a legacy built since 1988.
As ALI marks its 35th year in real estate, it has established a reputation for creating diverse property developments and shaping the real estate industry. The company’s extensive portfolio includes a variety of residential developments, ranging from luxury residences to sustainable co-living spaces across the metropolis. It offers innovative and affordable residential projects nationwide, complete with services and amenities, ensuring resident security and convenience near bustling economic centers.
In the office leasing segment, ALI has established a substantial presence with a total of 1.4 million square meters of office developments, with a substantial focus on serving business process outsourcing firms, a cornerstone of the Philippine economy. The launch of Clock In by AyalaLand Offices has introduced premium, contemporary office spaces tailored for diverse businesses, featuring shared workspaces, private offices, and meeting rooms at strategic locations like Makati Stock Exchange, Bonifacio High Street, and Bonifacio Technology Center.
ALI also has a suite of leisure and hospitality projects that continuously contribute to the growth of the tourism sector. Seda Hotel has expanded to 12 properties around the country to include city hotels, resorts, and residential apartments, to serve travelers with its distinct brand of service. Raffles Hotel, a 30-storey luxury hotel building, now welcomes domestic and foreign guests with its charm and sophistication. Its resorts in Palawan and Sicogon also continue to be favorite island getaways. Its El Nido Resorts was recently recognized as among the best resorts in the world in the Conde Nast Traveler 2023 Readers’ Choice Awards.
Fostering economic growth
Ayala Land’s legacy is woven into the fabric of the Philippine real estate landscape, with 50 estates spanning mixed-use, tourism, residential, commercial, and industrial categories, catering to the social and economic needs of the Philippine real estate market.
In Makati, ALI completed One Ayala which includes the 40,000-square-meter BPO office building, East Tower and the One Ayala Terminal, a three-floor 20,000-square-meter modern intermodal transport hub designed to improve the commuting experience. It includes covered walkways and three terminal floors, which serves as a terminal for different transport vehicles, including buses, modern jeepneys, and Asian utility vehicles (AUVs), among others. Also within this integrated development is the One Ayala Mall which boasts six retail floors spanning over 43,000 square meters with more than 400 stores including dining outlets and offering a range of shopping options. It aims to create a premier destination for shopping, leisure, and events, offering a diverse array of experiences and amenities within the mall.
Also, in the middle of lifestyle options, ALI proudly presents the Samsung Performing Arts Theatre at the Circuit Makati, a venue that celebrates live entertainment and the Filipino talent.
Furthermore, ALI has expanded its high-end commercial developments in Quezon City, including Alveo’s High Park, Orean Place, and Ayala Land Premier’s One Vertis Plaza, along with the final tower in Avida Towers Sola, offering breathtaking green spaces within Metro Manila.
Well-positioned for change
Ayala Land continues to adapt to the evolving landscape of the Philippine real estate market, harnessing digital solutions such as virtual property tours and online reservation systems to enhance the home-buying process. Accessible online platforms have simplified the home-buying journey, with user-friendly websites enabling customers to explore ALI’s listings and take virtual tours.
When it comes to sustainable building and eco-friendly policies, Ayala Land leads by example. The company’s commitment to sustainable development is evident through innovative solutions that reduce environmental impact and enhance quality of life for residents and visitors alike.
With over 957 hectares of green space in 26 urban estates, including 46 parks in established estates and 11 emerging estates, ALI is actively contributing to environmental conservation. The company also maintains 586 hectares of dedicated carbon forests within its properties and has adopted a global sustainability framework.
In developing and maintaining its properties, ALI employs energy-saving technologies, renewable energy sources, and green building features that promote energy efficiency and indoor air quality. Waste management strategies, such as waste segregation, composting programs, and recycling initiatives, are integral to ALI’s sustainability efforts.
A major component of ALI’s sustainability efforts is its constant collaboration with local communities. The company runs community-engagement initiatives that promote sustainability and teaches locals how to live sustainably, such as workshops, seminars, and outreach programs.
Ayala Land has been a pioneer of incorporating sustainable practices into its developments, products, and services. The company’s commitment to sustainability not only creates value for its customers, investors, and stakeholders but also contributes to environmental, social, and economic benefits for the public.
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