With its core net income and consolidated revenues also seeing an uptick during the said period.
In its disclosure, property giant Ayala Land, Inc. (ALI) reported that for the full-year of 2025, it was able to reach a consolidated income of PHP39.1 billion, which was primarily driven by the Leasing and Hospitality segment, which it is continously expanding, and its gains from portfolio management initiatives.
It also noted that the consolidated revenues for the period was PHP190.2 billion, which represents a 5% spike from last year.
The net income from the Core Operations of the company reached P30.6 billion, which is 8% higher year-on-year, with ALI citing that it was driven by the fourth-quarter earnings from Estate Lots and Leasing and Hospitality businesses.
In its Property Development business, whifh posted PHP113.9 billion in revenues, despite market sentiment headwinds.
It was mainly buoyed by the strong Estate lot and Office-for-sale bookings, and a sequential improvement in Core Residential revenues.
Ayala Land also reported that development revenues in the fourth quarter of 2025 reached PHP38.0 billion, up 5% year-on-year.
Combined revenues of Office and Estate Lots for sale then accelerated 25% to PHP22.5 billion, with the company mentioning healthy demand for its projects located in Arca South in Taguig, Circuit Makati, and Centrala in Pampanga.
Meanwhile, full-year Sales Reservations totaled PHP142.3 billion, thanks to stable demand for residential and Estate Lots.
Total launches ended at PHP60.4 billion, comprised of 77% residential developments, supplemented by 23% worth of prime commercial and industrial lots in key locations within ALI estates, furthered the company.
Meanwhile, revenues from its expanding Leasing and Hospitality segment climbed 7% to PHp48.7 billion, citing “broad-based growth across all segments.”
Shopping Center revenues rose 5% to PHP24.2 billion, with improved occupancy and higher portfolio-wide merchant sales.
Revenues from Office Leasing was PHP12.2 billion, which is also driven by above-industry levels occupancy.
In addition, the Hospitality segment posted revenues of P10.6 billion, mainly lifted by the value-accretive acquisition of New World Makati Hotel in H2 2025.
ALI then opened 77,000 square meters of new commercial leasing space comprised of additional gross leasable area (GLA) at AyalaMalls Vermosa, the opening of new retail spaces at Evo City in Cavite and Park Triangle in Taguig and the completion of regional office technohubs at Nuvali in Laguna and Atria Park in Iloilo.
To complement these are the completion of “reinvention works” at two flagship malls (Ayala Center Cebu and TriNoma), and five hospitality assets (Seda Abreeza, Centrio, BGC T1, Holiday Inn Makati, and Lagen).
Overall, a total of PHP92.9 billion in Capital Expenditures was deployed in 2025.
According to their breakdown, 38% was spent on Property Development projects, 29% for the completion and expansion of the Leasing portfolio, 18% for Estate build-out, and the balance of 15% for land remaining acquisition commitments.
ALI President and CEO Anna Ma. Margarita Bautista-Dy said, “Our business delivered healthy growth in 2025 despite a challenging environment, underscoring the strength of our portfolio and execution.”
“As we enter 2026, we focus on benchmark residential launches that emphasize quality and long-term value. Our Leasing portfolio continues to expand with a banner year of more than 250,000 sqm of leasable space coming online in our Estates,” she added.
Ayala Land also said that it is “firmly committed to delivering shareholder value both in the short- and long-term.”
The company said it returned PHP18.5 billion of capital to shareholders, 25% higher year-on-year, and equivalent to 65% of prior years’ Net Income through its regular cash dividends and active buyback program.
Moreover, the Company’s buyback program boosted Core Earnings Per Share (EPS) growth to 10% year-on-year.