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| Type | Public (PSE: ALI) |
|---|---|
| Founded | Manila, Philippines in 1988 |
| Headquarters | Makati City, Philippines |
| Key people | Fernando Zobel de Ayala, Chairman Antonino Aquino, President Vincent Y. Tan, Executive Vice President Jaime E. Ysmael, Chief Finance Officer and Compliance Officer |
| Net income | PHP4.0 billion (approx US$88.9 million USD) (2009) [1] |
| Website | www.atAyala.com.ph |
Ayala Land, Inc. is the real estate arm of Ayala Corporation, one of the Philippines' oldest and largest conglomerates. From an internal division of Ayala Corporation, it was spun off and incorporated in 1988. It was publicly listed in the Philippine Stock Exchange (PSE: ALI) in 1991. Its core businesses are in strategic landbank management, residential development, shopping centers, corporate businesses, and hotels. Support businesses are in construction and property management. ALI also derives other income from its investment activities and sale of non-core assets.[2]:[3]
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Ayala Land is the holding company for a number of subsidiaries and affiliates, including:[4]
On January 22, 2008, former Justice Secretary Raul M. Gonzalez absolved Ayala Land, Inc. (ALI) (attached company for real estate of holding company Ayala Corporation), from liability in the 2007 Glorietta Explosion. But Gonzalez stated that Ayala Property Management, Corp. (APMC), is still under investigation.[5]