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AyalaLand Logistics Holdings Corp. (ALLHC), an Ayala Land, Inc. (ALI) subsidiary, posted consolidated revenues of P868 million and net income of P66 million in the first quarter of 2025. ALLHC reported P394 million in industrial lot sales, a 54% decrease year-on-year, primarily due to last year’s bulk sale at Laguindingan Technopark. To cater to the continuing robust demand, ALLHC is poised to launch and add new inventory in its Pampanga and Cavite Technoparks within the year.
Collectively, the leasing businesses generated total revenues of P464 million, reflecting a 2% year-on-year increase, driven by portfolio expansion and the scaling up of operations. Warehouse leasing revenues increased by 7% to P189 million, driven by additional gross leasable area (GLA) from the build-to-suit (BTS) facility in Naic. Cold storage revenues reached P46 million, up 12% year-on-year, due to contributions from new Artico cold chain facilities in Mabalacat and Santo Tomas. Meanwhile commercial leasing revenues dipped by 3% to P229 million, attributed to lower specialty leasing revenues. In March 2025, ALLHC acquired two logistics parks—Artico Urdaneta in Urdaneta City, Pangasinan, and Artico Iloilo in Santa Barbara, Iloilo—marking a strategic expansion into two new regional provinces. These acquisitions enhance the company’s cold storage and dry warehousing capabilities, adding over 15,000 square meters (sqm) of warehouse GLA and 11,200 cold pallet positions (PP) to its portfolio. “We are focused on expanding our network of industrial real estate assets nationwide, supporting businesses in key regional hubs. We are building a strong foundation for growth as demand for industrial estates, warehouses, and cold storage facilities continues to rise” said ALLHC President and Chief Executive Officer Robert S. Lao. In addition to expanding its Technopark inventories, ALLHC is progressing with several construction projects. The second phase of ALogis Mabalacat in Pampanga Technopark will add 18,000 sqm of GLA and ALogis Naic 2 in Cavite Technopark will add 3,600 sqm upon delivery. |
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