ALI targets P124-B premium unit turnovers
Property giant Ayala Land Inc. (ALI) expects to turn over P124 billion worth of premium units this year, underscoring sustained demand in its core markets.
The Zobel-led firm said that the projected turnover forms part of the company’s plan to complete around 13,000 residential units in 2026 as it fulfills commitments to buyers.
ALI said that its residential segment remained resilient, supported by disciplined project launches and strong demand in key estates.
Speaking at its annual stockholders’ meeting, ALI president and CEO Anna Ma. Margarita Bautista Dy said that the company continued 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.
Growth plan
This approach complements the company’s broader growth plan anchored on estates, recurring income and disciplined capital management.
ALI is also expanding its leasing and hospitality portfolio to provide more stable and predictable income streams, helping balance earnings across cycles.
The company is set to add about 270,000 square meters (sq m) of new mall and office space this year, alongside the reopening of the Mandarin Oriental hotel.
Over the next five years, ALI plans to grow its leasing footprint by more than 1 million sq m 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.
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