Ayala Land, Inc. (ALI) is a Philippines-based real estate company. It has organized its operations into several core businesses and support businesses. The Company’s business segments include Residential Development, Shopping Centers, Corporate Business, Strategic Landbank Management, Visayas-Mindanao and Support Business. Its support businesses include construction, hotels, property management and waterworks operations. Construction includes land development and construction of ALI and third-party projects. Hotels include development and management of hotels, and lease of land to hotel tenants. Property management includes facilities management of ALI and third-party projects. Waterworks operations include operation of water and sewage treatment facilities in some ALI projects.