Ayala Land Inc. has been again named as the Best Overall Developer in the Philippines, according to Euromoney’s Real Estate Survey 2015.
The developer 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 canvassed the opinions of real estate advisers, developers, investment managers, corporate end-users and banks worldwide, and recognised firms that are considered the best providers of real estate products and services in their market over the past 12 months.
“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 company President and Chief Executive Officer 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.”
Ayala Land has topped the survey of the prestigious survey in various categories for 11 consecutive years. 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 FinanceAsia 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 P7.0 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 with more than 50 subsidiaries across these businesses.
