Since it developed the vast tract of swamp land that is now the bustling city of Makati, Ayala Corporation has become a name indelibly etched in the minds of Filipinos as a visionary developer of land, as a builder of dreams.
Yet, it was only in 1988 when Ayala Corporation spun off its real estate division into a separate company, giving birth to Ayala Land Inc. (ALI).
ALI then was primarily associated with high-end projects, whether central business districts, commercial centers, or exclusive family residences, found mostly in Makati and Alabang in Muntinlupa City.
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