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AyalaLand Logistics Holdings Corp. (ALLHC), an Ayala Land, Inc. (ALI) subsidiary, posted consolidated revenues of P1.8 billion and net income of P105 million in the first six months of 2025. Revenues from the sale of industrial lots registered at P869 million, a 49% decrease year-on-year with strong sales in 2024 of Laguindingan Technopark lots. In response to demand for industrial lots, ALLHC added a new inventory in Cavite Technipark in the second quarter while expansion parcels in other developing Technoparks are expected to launch within the year.
Altogether, ALLHC's leasing businesses held steady, generating P948 million in total revenues. Warehouse revenues amounted to P359 million, a 5% dip from the year prior. During the second quarter, the company opened the second phase of its ALogis Mabalacat warehouse facility in Pampanga Technopark and additional units in ALogis Naic 2 in Cavite Technopark. The deliveries added 18,000 square meters (sqm) and 3,800 sqm of gross leasable area (GLA), respectively, to the company's warehouse portfolio. Cold storage revenues totaled P122 million, a 33% increase from the year prior, on account of contributions of new Artico cold chain facilities in Mabalacat, Santo Tomas, Urdaneta and Iloilo. Construction projects are ongoing for the second phases of the Artico Santo Tomas and Mabalacat facilities. Together, the expansions will add over 15,000 pallet positions to ALLHC's growing cold storage portfolio. Meanwhile, commercial leasing revenues remained stable at P467 million driven by improved mall occupancies and steady office leasing performance. "We've made meaningful progress in the first half by completing strategic projects that expand our footprint and position us for future growth. With healthy market demand and our focus now on drivings occupancy and sales to strengthen our performance, we believe these assets are well-placed to start delivering value," said ALLHC President and Chief Executive Officer Robert S. Lao. AyalaLand Logistic Holdings Corp. (ALLHC), a subsidiary of Ayala Land, Inc. (ALI), is the leading industrial real estate company in the Philippines. ALLHC is present in seven growth areas nationwide through its industrial parks, warehouses, cold storage facilities, data centers, and commercial leasing. |
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