Ayala Land Inc. (ALI) is set to deliver P124 billion worth of premium residential units in 2026, as the property giant sees sustained demand in its key markets.
The Zobel-led company plans to complete around 13,000 residential units this year, fulfilling commitments to buyers. ALI said its residential segment remains resilient, supported by disciplined project launches and strong demand across major estates.
Speaking at the annual stockholders' meeting, ALI president and CEO Anna Ma. Margarita Bautista Dy noted that the company continues to focus on selective launches while maximizing sales performance. The strategy involves launching fewer projects but prioritizing those with stronger demand and better returns, allowing ALI to sustain margins and maintain a healthy inventory base.
This approach complements ALI's broader growth plan anchored on estates, recurring income, and disciplined capital management. The company is also expanding its leasing and hospitality portfolio to provide more stable and predictable income streams, helping balance earnings across cycles.
ALI is set to add about 270,000 square meters of new mall and office space this year, alongside the reopening of the Mandarin Oriental hotel. Over the next five years, the company plans to grow its leasing footprint by more than 1 million square meters to strengthen its recurring income base.
To support expansion, ALI highlighted its strong balance sheet, with a net debt-to-equity ratio of about 0.8 times and interest coverage exceeding four times. Total debt stood at roughly P300 billion, backed by an asset base of about P1 trillion, giving the company ample capacity to fund growth initiatives.
For 2026, maturities amount to P25 billion, which ALI expects to refinance through available funding channels, including the bond market. ALI chief financial officer and treasurer Jose Emmanuel 'Jed' Quimpo said that the company continues to emphasize capital recycling to unlock value and redeploy investments into higher-return opportunities.
“This active portfolio management means we are not passively holding assets; we are constantly optimizing the balance sheet to catalyze returns and maximize value,” Quimpo said.