(LEFT TO RIGHT) Jaime Zobel Urquijo – Head of Urban Estates, Ayala Land; Mariana Zobel de Ayala – Head, Ayala Land Leasing & Hospitality Group; Meean Dy – Ayala Land President & CEO; Mayor Lani Cayetano – Taguig City; Jaime Zobel de Ayala – Chairman of Ayala Land; Paul Birkett – COO of Ayala Malls
Manila, Philippines —Ayala Land is strengthening its recurring income portfolio with the opening of Ayala Malls Arca South, a new retail development positioned to anchor long-term commercial activity within its emerging estate in Taguig.
The 100,000-sqm mall forms part of Ayala Land’s broader strategy to scale its leasing and hospitality segment, increasing the share of stable, predictable revenues in its overall portfolio amid a more measured property sales environment.
“At Ayala Malls, we design for frequency and habit,” said Paul Birkett, Chief Operating Officer of Ayala Malls. “The more a space becomes part of everyday life, the more it supports consistent customer flow and stronger merchant performance over time.”
Anchoring estate value through recurring revenues
The opening underscores Ayala Land’s broader strategy to expand its leasing and hospitality portfolio.
Located within Arca South—one of the company’s key growth estates—the mall is positioned to capture demand from a rising base of residents, office workers, and transit users, reinforcing the estate’s commercial viability while enhancing land values.
By integrating retail early into the estate’s development cycle, Ayala Land aims to accelerate business activity and establish long-term consumption patterns that translate into stable rental yields.
Designed for dwell time, not just destination retail
“When we think about what a mall should be today, we don’t start with stores,” said Mariana Zobel de Ayala, Chief Executive Officer of Ayala Malls and Head of Leasing and Hospitality Group of Ayala Land. “We start with how people actually live — the rhythm of their day, the moments they look forward to, the small rituals that make everyday life feel a little better.”
Unlike traditional enclosed malls, Ayala Malls Arca South is configured as an open, mixed-format environment that encourages longer stays and repeat visits—two critical drivers of tenant sales and rental resilience.
Key zones include:
- Fresh Grounds, a dedicated roastery and café cluster designed to capture daily traffic from morning to late afternoon
- Kulinarya Food Hall, a communal dining space that consolidates high-frequency food concepts
- Main Street, an outdoor retail strip with flexible programming for pop-ups and events
Additional modular spaces such as The Crates and The Souk allow tenant mixes to evolve alongside the estate, ensuring continued relevance as the catchment expands.
Building a commercial ecosystem
Beyond retail, the mall plays a central role in establishing Arca South’s economic ecosystem—supporting job creation, enabling small and medium enterprises, and providing a platform for both local and international brands to scale with the district’s growth.
As the estate matures, Ayala Land expects the mall to function as a primary driver of recurring revenues while reinforcing the long-term attractiveness of surrounding residential and office developments.
The project also serves as a prototype for future developments, reflecting Ayala Land’s shift toward more flexible, community-integrated retail formats that prioritize consistency of use and long-term income generation.
About Ayala Malls Arca South
- Location: Arca Boulevard corner West Union Drive, Arca South, Taguig
- Gross Floor Area: 100,000 sqm
- Gross Leasable Area: 61,000 sqm
