MANILA, Philippines — Property giant Ayala Land Inc. (ALI) is poised for a significant year of project completions, announcing a target to turn over P124 billion worth of premium residential units in 2026. This move highlights the company’s commitment to fulfilling buyer obligations and underscores the continued resilience of the high-end real estate market in the Philippines.
The announcement was made during the company’s annual stockholders’ meeting on April 27, 2026, where leadership outlined a strategy focused on “selective excellence” and capital discipline.
ALI plans to complete approximately 13,000 residential units this year across its various estates. The strategy, as detailed by President and CEO Anna Ma. Margarita Bautista Dy, moves away from volume-heavy launches toward higher-value, high-demand projects.
- Selective Launches: Prioritizing projects with the strongest demand and best potential returns to maintain healthy inventory levels.
- Premium Market Strength: The P124 billion turnover target is heavily weighted toward ALI’s luxury and premium brands, which have shown more stability amid global economic fluctuations.
- Recurring Income: ALI is adding 270,000 square meters of new mall and office space in 2026.
- Mandarin Oriental: The much-anticipated reopening of the Mandarin Oriental hotel is scheduled for this year, bolstering the company’s hospitality portfolio.
- Long-Term Goal: ALI aims to grow its leasing footprint by over 1 million square meters within the next five years to provide more stable, predictable income streams.
Despite a total debt of approximately P300 billion, ALI maintains a robust balance sheet supported by an asset base of roughly P1 trillion.
- Net Debt-to-Equity: Currently at a healthy 0.8 times.
- Capital Recycling: CFO Jed Quimpo emphasized “active portfolio management,” where ALI continuously optimizes its assets to redeploy capital into higher-return opportunities.
- Refinancing: For the P25 billion in debt maturing in 2026, the company expects to utilize the bond market and other available funding channels.
The Zobel-led firm remains optimistic about the Philippine property sector. By anchoring its growth on integrated estates—which combine residential, commercial, and office spaces—ALI seeks to create self-sustaining ecosystems that are less vulnerable to broader economic cycles.
“This active portfolio management means we are not passively holding assets; we are constantly optimizing the balance sheet to catalyze returns and maximize value,” said Quimpo.
