Ayala Land

Ayala Land, Inc. (ALI) is a full line real estate firm based in the Philippines. It is a subsidiary of Ayala Corporation. It began as a division of Ayala Corporation until it was spun off and incorporated in 1988. It became publicly listed in the Philippine Stock Exchange (PSE: ALI) in July 1991. Its core businesses are in strategic landbank management, residential development, retail shopping centers, corporate businesses, and hotels & resorts. Support businesses are in construction and property management. ALI also derives other income from its investment activities and sale of non-core assets.[1][2][3] In April 2015, ALI bought a minority stake in Malaysian property developer MCT Bhd. in a ₱1.9-billion (US$43-million) deal,[4] that is raised to 66.3% as of 2024.[5]

Controversies

Land Grabbing

Post-typhoon land grab on Sicogon Island

According to Rolling Stone[6] and The New York Times,[7] Ayala Land played a role in a 2013 land grab to build a resort. The Inquirer detailed how a documentary Asog exposed the transgression and helped force Ayala Land to pay millions of dollars in reparations to the community.[8] According to Time Magazine: "The film features residents of Sicogon Island, some 6,000 of whom were subjected to a poststorm land grab perpetrated by Ayala Land Inc. to build a luxury resort. Following Asog’s success on the festival circuit, Ayala eventually started listening to residents’ demands and has agreed to pay $5.1 million in reparations to 784 displaced families."[9]

Post-typhoon land grab on Sicogon Island

Animal cruelty allegations

Caged eggs in Ayala Land's global supply chain

Ayala Land's hospitality arm Ayala Land Hotels and Resorts[10] which operates Raffles Makati[11] and Seda Hotels[12] as well as El Nido Resorts[13] in the Philippines, has been facing negative publicity for using of battery-cage eggs in its supply chain.[14] Due to the cruel conditions on those farms, as well as the health risks associated with eggs produced in battery cages, the European Union Council Directive 1999/74/EC banned caged farms back in 2012.

type	Public company
traded as	🇵🇸
foundation	June 30, 1988 in Manila, Philippines
location	Makati, Philippines
area served	Philippines
key people	Fernando M. Zóbel de Ayala (Chairman) Anna Ma. Margarita B. Dy (President)
revenue	₱180.74 billion (FY 2024)
assets	₱918.75 billion (FY 2024)
net income	₱28.23 billion (FY 2024)
parent	Ayala Corporation
homepage	ayalaland.com.ph

Controversies

Land Grabbing

Post-typhoon land grab on Sicogon Island

Post-typhoon land grab on Sicogon Island

Animal cruelty allegations

Caged eggs in Ayala Land's global supply chain

Caged eggs in Ayala Land's global supply chain

External links

References