Ayala Land hikes 2026 capex to P60 billion on business recovery
Property giant Ayala Land Inc. (ALI) is increasing its capital expenditures for 2026 to P60 billion, up from an earlier revision of P50 billion, signaling confidence in its business recovery after a challenging first quarter. The company aims to stabilize operations, manage debt, and grow revenues, achieving pre-pandemic inventory levels.
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- Ayala Land Hikes 2026 Capex to P60B on Improving Confidence
Ayala Land Inc. (ALI), a leading Philippine property developer, has raised its capital expenditure guidance for 2026 to P60 billion from P50 billion, signaling increased confidence amid signs of market stabilization. Despite the upward revision, the company maintains a cautious outlook due to geopolitical risks and slower economic growth.