What it does: A real estate firm with core businesses in residential development, property investment, corporate businesses, hotels and resorts and shopping centers with support businesses in property management and construction.
Best known for: Responsible for the development of Makati, one of Manila’s prime business centers and Bonifacio Global City, a financial and lifestyle district. The firm is also responsible for developing several well-known local businesses such as Family Mart, QualiMed and Wellworth.
Staff stats: 5,358
The good bits: Employee engagement programs and events. Previous employees on major job sites praise the firm's 'great' work environment, values, and culture.
The not-so-good bits: Reviews from previous employees echo two common sentiments: below-average basic salary and few fringe benefits, especially for real estate agents.
Hiring grads with top marks in: All graduates are welcome to apply for most entry-level jobs, but some roles require specialised knowledge in business-related courses such as accounting, economics, finance, business administration, and business management, or Bachelor of Science courses including but not limited to architecture, marketing, and engineering.
Ayala Land began as a division of Ayala Corporation until it was incorporated in 1988. Since its inception in 1834, the firm has pioneered a number of important developments in the Philippines. Forbes Park, the country's first high-end subdivision, was one of its most popular achievements in the 1940s. During the 1960-1970s, Ayala Land created Makati, a master-planned development that is now the country's premier financial and business district.
During the 1970s, seeing the need for quality homes in the suburbs, the firm developed Ayala Alabang Village, the third-largest barangay in Muntinlupa City, which was succeeded by the development of Alabang Town Center and Madrigal Business Park. A decade later and the business expanded throughout the Visayas and Mindanao regions through Cebu Holdings, a subsidiary that transformed a golf course into Southern Philippines' first-ever business district, the Cebu Business Park.
Ayala Land partnered up with Evergreen Holdings during the 2000s to revitalise military base Fort Bonifacio and create Bonifacio Global City, a major financial and lifestyle district in Metro Manila. It was also able to develop NUVALI, a sugar plantation turned mixed-use eco-city development in Laguna.
Today, the firm has tapped into new markets in real estate while providing homes for lower-income segments via Bellavita Land and Amaia Land. It has also improved its office and retail spaces with the launch of Seda hotels while developing new businesses such as Wellworth, QualiMed, and Family Mart.
The property developer now has over 11,624 hectares in their land bank, 26 estates and a presence in around 57 growth centers around the country. Since 2018, the firm was able to expand its net income by 16%, amounting to around PHP29.2 billion.
The recruitment process in Ayala Land varies from role to role, but it usually begins with a series of interviews with an HR representative, followed by your department head and finally with the director of sales. You may also be asked to take a personality test and an IQ test. The hiring process may take 1 to 3 days.
Low basic pay and insufficient benefits are common sentiments, but a good commission scheme for real estate agents seems to offset this.
The Ayala Foundation is Ayala Corporation's non-profit, social development arm established during the signing of the Science Act of 1958. Initially named the Filipinas Foundation Inc. (FFI), the foundation championed scientific and technological research and development while fostering invention.
In 1990, FFI earned its modern name, the Ayala Foundation. The foundation cooperates with a wide network of private individuals, non-government, government, corporate and community based-organisations to launch efforts in four key program areas: youth leadership, education, arts & culture, as well as sustainable livelihood.
Employees often describe the firm as a 'great' entry point into the real estate industry. Part of a conglomerate, Ayala Land may be a wise choice for graduates looking for opportunities to shift across different business units for career growth.