MANILA, Philippines - Ayala Land Inc. is the Best Overall Developer in the Philippines anew according to Euromoney’s Real Estate Survey 2015. ALI ranked first in the survey’s residential, retail, office/business, leisure/hotel, and mixed-use developer industry rankings – sweeping all categories on the way to winning the overall award.
Euromoney’s 11th Annual Real Estate Survey polled real estate advisers, developers, investment managers, corporate end-users and banks worldwide, and recognized firms that are considered the best providers of real estate products and services in their market over the past 12 months. Euromoney magazine was created in 1969, and has since been one of the most trusted financial publications worldwide.
“We thank Euromoney for this recognition, as it reminds us that we are in a position to be a strong partner in nation-building and to enhance the lives of Filipinos,” said ALI president and CEO Bernard Vincent O. Dy. “As a developer, we have a responsibility to the community that goes beyond the numbers and the accolades,” he added, saying further that “sustainability and good governance are integral and embedded in our everyday operations.”
ALI has topped the survey of the prestigious Euromoney magazine in various categories for 11 consecutive years, since it was first run in 2005. It has also received numerous awards for management, sustainability and governance this year alone, including being named the best managed real estate company in the Philippines by Finance Asia in its 2015 Best Companies in Asia awards.
The company reported a net income of P8.4 billion in the first six months of 2015, a 19 percent jump from the P7 billion it recorded in the same period last year. Amid aggressive project launches and steady sales, the company will continue to focus on building large scale mixed-use developments strategically located across the country’s emerging growth centers.
Ayala Land is the largest full line property developer in the Philippines. Operating prime residential, commercial and leisure spaces throughout the country, the company has more than 50 subsidiaries across these businesses, including Alveo Land Corp., Avida Land Corp., Amaia Land Corp., Laguna Technopark Inc., and Ayala Property Management Corp. among others.