Property giant Ayala Land Inc. (ALI) is preparing another asset infusion into its real estate investment trust, AREIT Inc., following the divestment of P2.78 billion worth of AREIT shares. Philippine Stock Exchange data showed that three blocks sales of AREIT shares were done at the bourse...
AREIT Inc. (AREIT), the Ayala Group’s real estate investment trust, reported a 46 percent jump in net income to P5 billion, excluding the net fair value change in investment properties, for the first nine months of 2024. In a disclosure to the Philippine Stock Exchange (PSE), the firm said it...
Property giant Ayala Land Inc. reported to be raising about P2.7 billion from the sale of shares in its real estate investment trust AREIT Inc. in preparation for another asset injection. According to Abacus Securities Corporation, “Ayala Land is unexpectedly placing out an additional 75 million...
AREIT Inc., the real estate investment trust sponsored by Ayala Land Inc., reported that it has sold three condominium units to help fund the acquisition of a hotel owned by its parent company in Palawan. In a disclosure to the Philippine Stock Exchange, AREIT said it sold three office condominium...
Ayala Land-sponsored AREIT Inc., the first Philippine real estate investment trust, posted a 44 percent jump in first-half net income, excluding the net fair value change in investment properties, to P2.9 billion. In a disclosure to the Philippine Stock Exchange, the firm said it posted total...
Ayala Land Inc. (ALI) and its real estate investment trust AREIT Inc. (AREIT) have entered into a strategic partnership with the tycoon Enrique K. Razon’s Prime Integrated Waste Solutions, Inc. (PWS) facility in Cebu City to recover solid waste from its office buildings. In a statement, ALI said...
Property giant Ayala Land Inc. (ALI) and its real estate investment trust, AREIT Inc., have tapped Razon-led Prime Infrastructure for sustainable waste management. Trash produced by eight AREIT office buildings will be processed at Prime Integrated Waste Solutions' (PWS) facility in Binaliw,...
Property giant Ayala Land Inc. (ALI) and its wholly-owned subsidiary Westview Commercial Ventures Corp. have sold a combined P3.18 billion worth of AREIT Inc. shares through a placement agreement with BPI Capital Corporation and UBS AG Singapore Branch. In a disclosure to the Philippine Stock...
Ayala Land subsidiary AREIT Inc., the first Philippine real estate trust, reported a 45 percent jump in net income to P1.47 billion in the first quarter of 2024 from the same period last year, excluding the net fair value change in investment properties. In a disclosure to the Philippine Stock...
The Ayala Group’s real estate investment trust AREIT Inc. expressed confidence of being able to maintain its high occupancy rate of 97 percent despite excess supply in the office market which has resulted in a substantial vacancy rate in the industry. During the firm’s annual...
AREIT Inc. (AREIT), the real estate trust of property giant Ayala Land Inc. (ALI), reported a 43 percent jump in net income last year to P4.93 billion, boosted by the acquisition of more properties for lease. One Ayala, a property in AREIT's portfolio In a disclosure to the Philippine Stock...
Ayala Land Inc. and its real estate investment trust AREIT Inc., reported of having the largest EDGE (Excellence in Design for Greater Efficiencies) Zero Carbon certified office portfolio in the Philippines after eight of their buildings were certified. In a disclosure to the Philippine Stock...
