MANILA, Philippines - Ayala Land Inc. (ALI) was named Best Developer Overall in the Philippines once again by Euromoney in its Real Estate Awards 2014. ALI also topped the Euromoney polls as the country’s Best Residential Developer, Best Office/Business Developer, Best Mixed Developer and Best Retail Developer.
The Euromoney Real Estate Awards, a result of canvassed opinions of real estate advisors, developers, investment managers, corporate end-users and banks worldwide, recognizes firms that are considered the best providers of real estate products and services in their market over the past 12 months. ALI has topped Euromoney surveys in various business categories for 10 years now.
ALI chief finance officer Jaime E. Ysmael received the award on behalf of the company from Euromoney Magazine’s regional head for Asia Marcus Langston.
ALI is the leading developer of integrated mixed-use estates in the Philippines. It has diverse real estate offerings that include residential communities and condominiums, offices, shopping centers, hotels and resorts, and healthcare facilities.
The company recently earmarked a record P100 billion for capital expenditures in 2015 to support its expansion plans. This is in line with ALI’s 2020 vision – a program that targets a 20-percent growth annually over the next six years, with the goal of surpassing P40 billion in net profit by the year 2020.