AyalaLand Logistics Holdings Corp. (ALLHC), a subsidiary of Ayala Land Inc. (ALI), reported a 19 percent improvement in net income to 197 million in the first quarter of 2022 from P165 million in the same period last year.
AyalaLand Logistics Holdings Corp. , a subsidiary of Ayala Land Inc. , reported a 19 percent improvement in net income to 197 million in the first quarter of 2022 from P165 million in the same period last year.
Commercial leasing is gradually recovering with retail stores reopening and an increase in total customer foot traffic by 32 percent versus the same period last year. In February 2022, ALLHC acquired an existing ready-built facility in Ste. Tomas, Batangas, adding 64,000 sqm of leasable warehouse space to the ALogis portfolio.
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