AYALA LAND, INC. (ALI) Profile

Ayala Land, Inc. (ALI) was organized in 1988 when Ayala Corporation decided to spin off itsreal estate division into an independent subsidiary to enhance management focus on itsreal estate business. ALI went public in July 1991 when its class "B" common shares werelisted both in the Manila and Makati Stock Exchanges. On September 12, 1997, theSecurities and Exchange Commission approved the declassification of ALI's common classA and common class "B" shares into common shares.ALI has organized its operations into several core businesses and support businesses. Itscore businesses are composed of strategic landbank management, residential development,shopping centers, office business, and hotels and resorts. On the other end, ALI's supportbusinesses consist of construction and property management.The Company continues to pursue major high-end land development projects, residentialand office condominium development, leisure community projects, and shopping centeroperations. Its ongoing land development projects include, among others, Abrio, Santierra,Ayala Westgrove Heights, Alegria Hills and Ayala Northpoint. Residential condominiumprojects undertaken in the past three years include Park Terraces, The Residences atGreenbelt and One Serendra. Shopping center operations at Ayala Center are ongoing whilefurther redevelopment of Glorietta is underway. Operation of traditional headquarter-typeand BPO buildings likewise continues. ALI also introduced in 2005 its first leisure communityproject, Anvaya Cove.
http://www.ayalaland.com.ph