ALI hikes capex to P60B on improving confidence

Ayala Land Inc. | INQUIRER File Photo

MANILA, Philippines — Property giant Ayala Land Inc. (ALI) raised its 2026 capital spending guidance to P60 billion from P50 billion, signaling stronger confidence despite a challenging property market.

ALI president and CEO Anna Ma. Margarita Bautista-Dy said in a media briefing the higher capex budget comes as the company saw signs of stabilization in the second quarter following a difficult start to the year.

READ: Ayala Land 6-month earnings down 19%

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ALI hikes capex to P60B on improving confidence

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