Ayala Land
Real estate firm based in the Philippines
From Wikipedia, the free encyclopedia
Ayala Land, Inc. (ALI) is a full line 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] In April 2015, ALI bought a minority stake in Malaysian property developer MCT Bhd. in a ₱1.9-billion (US$43-million) deal,[4] that is raised to 66.3% as of 2024.[5]
 | |
Company type | Public company |
|---|---|
| PSE: ALI | |
| Founded | June 30, 1988 in Manila, Philippines |
| Headquarters | Makati, Philippines |
Area served | Philippines |
Key people | Fernando M. Zóbel de Ayala (Chairman) Anna Ma. Margarita B. Dy (President) |
| Revenue |  ₱180.74 billion (FY 2024) |
| ₱28.23 billion (FY 2024) | |
| Total assets | ₱918.75 billion (FY 2024) |
| Parent | Ayala Corporation |
| Website | ayalaland.com.ph |
Controversies
Land Grabbing
Post-typhoon land grab on Sicogon Island
According to Rolling Stone[6] and The New York Times,[7] Ayala Land played a role in a 2013 land grab to build a resort. The Inquirer detailed how a documentary Asog exposed the transgression and helped force Ayala Land to pay millions of dollars in reparations to the community.[8] According to Time Magazine: "The film features residents of Sicogon Island, some 6,000 of whom were subjected to a poststorm land grab perpetrated by Ayala Land Inc. to build a luxury resort. Following Asog’s success on the festival circuit, Ayala eventually started listening to residents’ demands and has agreed to pay $5.1 million in reparations to 784 displaced families."[9]
Animal cruelty allegations
Caged eggs in Ayala Land's global supply chain
Ayala Land's hospitality arm Ayala Land Hotels and Resorts[10] which operates Raffles Makati[11] and Seda Hotels[12] as well as El Nido Resorts[13] in the Philippines, has been facing negative publicity for using of battery-cage eggs in its supply chain.[14] 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.
Ownership
Excluding 2,372,887,399 common & 624,166,452 preferred Treasury shares, updated Top 20 beneficial ownership shareholding structure as of March 31, 2026[15], with Public Ownership (of common shares) at 45.25%[16] and Foreign Percentage at 12.3327%[15]:
| Major Shareholder | % of Total* | Common Shares | Preferred Shares* |
|---|---|---|---|
| Ayala Corporation | 73.8756% | 7,622,336,687 | 12,163,180,640 |
| PCD** Nominee (Foreign) | 12.2255% | 3,274,257,207 | — |
| PCD** Nominee (Filipino) | 11.2807% | 3,021,233,143 | — |
| Government Service Insurance System | 0.5838% | — | 156,350,871 |
| Ayalaland Hotels & Resorts Corp. | 0.4342% | 116,298,039 | — |
| ESOP 2023 | 0.0632% | 16,936,132 | — |
| The Local Government of Cebu | 0.0584% | 15,628,093 | — |
| PCD** Nominee (Foreign)- HSBC Manila branch | 0.0562% | — | 15,051,000 |
| PCD** Nominee (Foreign)- Deutsche Bank Manila branch | 0.0510% | 166,819,111 | 13,670,744 |
| Social Security System | 0.0432% | 11,576,800 | — |
| ESOP for various years | 0.2296% | 61,494,487 | — |
| Emilio Lolito J. Tumbocon | 0.0275% | 7,361,509 | — |
| Others - Filipino | 0.8934% | 171,432,196 | 67,853,273 |
| Others - Foreign | 0.1314% | 8,959,352 | 26,221,779 |
| Total Authorized (Par) | 35,000,000,000 (₱21,500,000,000) | 20,000,000,000 (₱1.00) | 15,000,000,000 (₱0.10) |
| Total Outstanding & Subscribed | 26,782,206,756 (₱15,584,165,279.7) | 14,339,932,449 (₱14,339,932,449) | 12,442,328,307 (₱1,244,232,830.7) |
| Total Voting Equity* | 26,782,206,756 (100%) | 14,339,878,449 (53.54%) | 12,442,328,307 (46.46%) |
* In Gamboa v. Finance Secretary Teves (G.R. No. 176579 | June 28, 2011) and affirmed in Roy vs. Herbosa (G.R. No. 207246, April 18, 2017), the Supreme Court of the Philippines ruled that under Section 11, Article XII of the Constitution, “capital” in a public utility refers only to shares entitled to vote in the election of directors. Thus, Preferred shares that have been vested with such power are included in the relevant computations, in addition to common shares that naturally are appurtenant with voting privileges in every aspect.
** While the Philippine Central Depository (PCD) is listed a major shareholder, it is more of a trustee-nominee for all shares lodged in the PCD system rather than a single owner/shareholder. Major legal owner shareholders (i.e. those who have at least 5% of outstanding capital stock with voting rights) hidden, if any, under the PCD system are checked/identified and are disclosed with the Definitive Information Statement companies are submitting annually to the local bourse and Securities and Exchange Commission
[17][18]
