Ayala Land Inc. (ALI) reported on Wednesday an eight-percent growth in net income or P14.2 billion in the first half of 2025, buoyed by its diversified portfolio.

In a disclosure with the Philippine Stock Exchange (PSE), the listed firm said consolidated revenues amounted to P83.1 billion due to steady revenues from property development and leasing and hospitality operations.

Revenues from the property development amounted to P52.3 billion, due to strong sales from the commercial and industrial (C&I) lot segment and the bookings for the premium residential segment.

The company said C&I lot revenues rose 42 percent to P9.1 billion, due to sales at Arca South in Taguig City, Circuit Makati, and Arillo in Batangas.

It also reported strong bookings for the premium residential segment, with revenues reaching P41.3 billion due to sales in AyalaLand Premier (ALP) and Alveo projects.

It said sales reservations of the property development business amounted to P73.7 billion, up four percent against the sales in the whole of 2024. This was traced to the gains in the premium residential segment and demand for C&I lots.

For the leasing and hospitality group, it posted its record first half revenues of P23.2 billion as of end-June this year, up five percent from a year ago due to core and new malls and shopping center revenues.

Office leasing revenues during the same period also increased by five percent to PHP5.9 billion.

Hospitality revenues during the same period totaled P4.9 billion.

“Our sales momentum is improving and we are preparing for a busy second half with P57 billion in new property development launches, and the completion of reinvention works of malls and hotels,” ALI president and chief executive officer Anna Ma. Margarita Bautista-Dy said.

“These initiatives will support our growth aspirations for 2025 and beyond."