AyalaLand Logistics Q3 gains support recovery

MANILA, Philippines — Industrial and real estate logistics developer AyalaLand Logistics Holdings Corp. (ALLHC), a subsidiary of property giant Ayala Land, Inc., remained focused on its recovery plan through Q3 2026, driven by accelerated revenue recognition from industrial lot sales and strong leasing performance.

The company generated P62 million in consolidated net income for the third quarter alone, supported by robust industrial lot sales and sustained growth across its logistics properties.

These third-quarter achievements narrowed ALLHC’s nine-month net income decline to 9% (P73 million), on consolidated revenues of P2.5 billion, reversing a steep 90% year-on-year profit drop recorded during the first half of 2026.

“Navigating a challenging market backdrop, the sequential improvement in our third-quarter net income reflects strong progress in securing key tenants across our leasing business and capitalizing on continued demand for our industrial lots,” stated ALLHC President and Chief Executive Officer Robert Lao.  “Moving forward, we remain focused on stabilizing and strengthening our overall portfolio,” Lao added.

The company's recurring leasing platforms delivered strong growth, with total leasing revenues reaching P1.6 billion for the nine-month period, up 9% year-on-year.

Cold storage operations spearheaded segment performance, surging 76% year-on-year to P355 million in revenues. The cold chain growth was propelled by higher facility utilization rates and full-year revenue contributions from newly integrated sites, including Artico Iloilo and Artico Urdaneta.

Dry warehouse leasing grew 5% to P585 million during the nine-month period, backed by stable operational activity and improved occupancy across its nationwide warehouse footprint.

Industrial lot sales generated P903 million in recognized revenue during the period. Signaling robust forward demand, industrial lot sales reservations jumped 23% year-on-year to P1.3 billion, pointing toward steady revenue conversion in upcoming quarters.

Commercial leasing revenues stood at P646 million, down 7% due to softer retail market conditions.

With the increased utilization of cold chain storage capacity and growing industrial land take-up, ALLHC enters the final quarter of 2026 with operational momentum across its core logistics infrastructure.

Disclaimer: This is externally supplied material from a third party and is not a product of reporting or editorial work by the Philstar.com newsroom.

abtestabtest Business groups urge Congress to scrap P180-billion infra insertions By Alyana Uy | 8 days ago Almost 30 business organizations called on Congress to remove congressional additions amounting to almost P180 billion from... Business When your top performer goes quiet By Francis J. Kong | 11 hours ago A strange thing sometimes happens to your best people.  Business Why the Phl should build its own EV future By Mary Ann LL. Reyes | 11 hours ago Electric vehicle (EV) discussions remain heated as the rising global fuel costs directly hit the Philippines. Business Sideways trading expected this week By Richmond Mercurio | 5 days ago The local stock market is expected to trade sideways this shortened trading week, with upcoming third quarter corporate earnings... Business BDO profit rises to P63.6 billion By Keisha Ta-Asan | 6 days ago BDO Unibank Inc. posted a marginal increase in earnings from January to September, supported by strong lending growth and... Business Latest More in Business Converge earnings slip 9 percent on higher costs Inflation seen staying below 8 percent ‘Long-term LNG deals to cut Philippines power costs’ DMCI profit rises 28 percent to P15 billion in 9 months abtest Anko set to open 3 new stores By Richmond Mercurio | 11 hours ago Australian home and lifestyle brand Anko is taking the brand beyond Metro Manila for the first time since debuting in the... Business RLC sustains growth momentum, profit rises in 9 months By Richmond Mercurio | 11 hours ago Earnings of property giant Robinsons Land Corp. (RLC) expanded in the first nine months, driven by continued growth in the... Business S&P warns of stagflation as Philippines growth falters By Keisha Ta-Asan | 11 hours ago The Philippines is already experiencing stagflation, a combination of sluggish economic growth and high inflation, as surging... Business Anthropic may need to cut $1.5-T IPO goal as investors balk: report 20 hours ago Investors are pushing back on the AI firm's planned valuation. Business Recommended Joseph Sy skips Senate probe on fake citizenship 1 day ago Mining magnate Joseph Sy skipped yesterday’s Senate hearing on his alleged fake Filipino citizenship. BusinessJOSEPH SY Philippines embassy in Washington hopes for immigration policy changes 1 day ago The Philippines’ top diplomat in Washington hopes for changes in the United States’ immigration policy after the... BusinessJOSEROMUALDEZ VP defense seeks subpoena for 24 witnesses 1 day ago The Senate impeachment court has been asked by the defense camp to subpoena 24 witnesses for the resumption of Vice President... BusinessDUTERTESARA DUTERTESENATE LIST: VP Sara’s witnesses for Nov. 9–13 hearings 1 day ago  Vice President Sara Duterte’s lawyers have submitted a witness lineup for the Senate impeachment proceedings... BusinessDEFENSEDUTERTESARA DUTERTE'S IMPEACHMENT Fact check: Viral post falsely tags e-trikes at Marcos’ plant visit as gov't vehicles 1 day ago Viral post mislabels e-trikes at Marcos’ plant visit as new government vehicles. BusinessBONGBONG MARCOSFACT CHECKFACT-CHECK next Recommended Joseph Sy skips Senate probe on fake citizenship Mining magnate Joseph Sy skipped yesterday’s Senate hearing on his alleged fake Filipino citizenship. 1 day ago JOSEPH SY Philippines embassy in Washington hopes for immigration policy changes The Philippines’ top diplomat in Washington hopes for changes in the United States’ immigration policy after the Democrats won both the House and the Senate in the midterm elections. 1 day ago JOSE ROMUALDEZ VP defense seeks subpoena for 24 witnesses The Senate impeachment court has been asked by the defense camp to subpoena 24 witnesses for the resumption of Vice President Sara Duterte’s impeachment trial on Nov. 9. 1 day ago DUTERTE SARA DUTERTE SENATE LIST: VP Sara’s witnesses for Nov. 9–13 hearings  Vice President Sara Duterte’s lawyers have submitted a witness lineup for the Senate impeachment proceedings.  1 day ago DEFENSE DUTERTE SARA DUTERTE'S IMPEACHMENT Fact check: Viral post falsely tags e-trikes at Marcos’ plant visit as gov't vehicles Viral post mislabels e-trikes at Marcos’ plant visit as new government vehicles. 1 day ago BONGBONG MARCOS FACT CHECK FACT-CHECK OK Are you sure you want to log out? Yes No X Login Philstar.com is one of the most vibrant, opinionated, discerning communities of readers on cyberspace. With your meaningful insights, help shape the stories that can shape the country. Sign up now!