Ayala Land is pivoting toward recurring income by expanding its leasing portfolio. The company plans to add 200,000 square meters of new mall gross leasable area. Management will also expand office and storage capacity.
Capital expenditure for 2026 is set at PHP 50 billion. Internal cash flows will primarily fund this investment. The company also launched a new PHP 10 billion share buyback program.
Hospitality revenues surged 30% following property renovations and recent acquisitions. Mall and hospitality segments reported increased traffic and higher revenues. The office leasing sector slowed due to an influx of new market supply.