Ayala Land, Inc. (ALI) is a 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] Last April 2015, ALI bought a minority stake in Malaysian property developer MCT Bhd. in a ₱1.9-billion (US$43-million) deal.[4]
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 | |
| Company type | Public company |
|---|---|
| PSE: ALI | |
| Founded | September 14, 1988 in Manila, Philippines |
| Headquarters | Makati, Philippines |
Area served | Philippines |
Key people | Fernando Zobel de Ayala (Chairman) Anna Ma. Margarita B. Dy (President) |
| Revenue |  ₱96.27 billion (FY 2020) |
| ₱8.73 billion (FY 2020) | |
| Total assets |  ₱721.49 billion (FY 2020) |
| Parent | Ayala Corporation |
| Website | ayalaland.com.ph |
Controversies
Animal cruelty allegations
Caged eggs in Ayala Land's global supply chain
Ayala Land's hospitality arm Ayala Land Hotels and Resorts[5] which operates Raffles Makati[6] and Seda Hotels[7] as well as El Nido Resorts[8] in the Philippines, has been facing negative publicity for using of battery-cage eggs in its supply chain.[9] 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.
References
External links
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