Revenues soared to an all-time high of P180.7 billion, up 21 percent year-on-year, while net income climbed 15 percent to P28.2 billion, reinforcing its solid growth momentum.
Management’s view
“We ended the year on solid footing, with all our business lines executing on their growth strategies,“ said ALI president and CEO Anna Ma. Margarita “Meean” Bautista-Dy.
“We look forward to the year and are excited to bring innovative residential and leasing offerings to our customers, expand our market reach and capture new business opportunities,” she added.
Segment performance
Property Development revenues rose 22 percent to P112.9 billion, driven by strong residential and estate lot bookings.
Residential revenues surged 23 percent to P94.9 billion, while commercial and industrial lots grew 34 percent to P14.6 billion, fueled by demand outside Metro Manila. Office-for-sale projects added P3.5 billion in revenue.
Residential sales
Total residential sales reservations reached P127.1 billion, up 12 percent year-on-year, led by strong demand for premium brands ALP and Alveo, which accounted for 64 percent of total sales.
Horizontal lot and house-and-lot sales climbed 16 percent, while take-up outside Metro Manila accelerated 14 percent from 2023 levels.
Project launches totaled P80.5 billion, with 64 percent located outside Metro Manila, including:
• ALP’s Enara in Nuvali Heights, Laguna and Anvaya Seabridge Residences in Bataan
• Avida’s Makati Southpoint Tower 3, the brand’s first Metro Manila condo since 2022
• Serin Terraces in Tagaytay
Leasing and hospitality
Leasing and hospitality revenues grew 9 percent to P45.6 billion, boosted by One Ayala Mall, BPO towers, Ayala Triangle Gardens Tower Two, and Seda Manila Bay.
• Shopping center leasing rose 9 percent to P23 billion
• Office leasing climbed 9 percent to P12.9 billion
• Hotel and resort revenues hit P9.7 billion, up 11 percent year-on-year
New commercial leasing space expanded by 72,000 square meters (sqm) with two new office towers:
• Park Triangle Corporate Center in Bonifacio Global City (BGC)
• One Ayala South Tower in Makati Central Business District (CBD)
Additionally, 25,000 sqm of new mall space was added at AyalaMalls Vermosa in Cavite.
