Real estate giant Ayala Land Inc. (ALI) has raised P5.63 billion from the sale of shares of real estate investment trust AREIT Inc. at P31.10 per share, lower than the P34 per share valuation of its upcoming share swap for P23 billion. In a disclosure to the Philippine Stock Exchange (PSE), ALI...
AREIT, INC. will be holding its annual meeting of stockholders on February 12, 2024, Monday at 10:00 AM virtually. A copy of the official announcement published in Manila Bulletin broadsheet is shown below:
AREIT, INC. will be holding its annual meeting of stockholders on February 12, 2024, Monday at 10:00 AM virtually. A copy of the official announcement published in Manila Bulletin broadsheet is shown below:
AREIT Inc., the real estate investment trust of property giant Ayala Land Inc., has completed the acquisition of Seda Lio in El Nido, Palawan, from ALI's subsidiary Econorth Resort Ventures Inc. for P1.19 billion. In a disclosure, AREIT said Seda Lio is a 153-room resort hotel that caters primarily...
AREIT Inc. (AREIT), the real estate investment trust of Ayala Land Inc. (ALI), is expanding to the hospitality business as part of its largest acquisition next year of P29.77 billion worth of prime commercial properties. In a disclosure to the Philippine Stock Exchange (PSE), AREIT is purchasing...
AREIT Inc., the real estate investment trust of Ayala Land Inc., is acquiring P6.77 billion worth of industrial assets from another member of the Ayala Group, ACEN Corporation, to bolster its portfolio further. In a disclosure to the Philippine Stock Exchange (PSE), AREIT said it is acquiring 276...
AREIT Inc., the real estate investment trust sponsored by property giant Ayala Land Inc., registered a 42 percent jump in net income, excluding the net fair value change in investment properties, to P3.43 billion in the first nine months of 2023. In a disclosure to the Philippine Stock Exchange...
Ayala Land Inc. (ALI) and the International Finance Corporation (IFC) have signed a Memorandum of Understanding (MOU) for a partnership that would help accelerate the transition of the Philippine property sector toward net zero. Under this historic agreement, ALI and its real estate investment...
AREIT Inc. (AREIT), the Ayala Group’s real estate investment trust, reported a 27 percent growth in recurring net income to P2.04 billion in the first half of the year, excluding the net fair value change in investment properties. In a disclosure to the Philippine Stock Exchange, the firm said it...
AREIT, Inc. (AREIT), the real estate investment trust sponsored by Ayala Land Inc., posted a 19 percent growth in net income to P2.9 billion last year from P2.43 billion in 2021. In a disclosure to the Philippine Stock Exchange, the firm said this is inclusive of a drop in net fair value in...
AREIT Inc. (AREIT), the pioneer REIT in the Philippines, has obtained the Securities and Exchange Commission’s (SEC) approval of Ayala Land, Inc.’s (ALI) subscription to 252,136,383 AREIT shares in exchange for identified ALI-owned Cebu commercial properties valued at P11,257,889,535.91,...
The Securities and Exchange Commission (SEC) has approved the P11.26 billion assets-for-equity swap between AREIT Inc. (AREIT), the Philippines’ pioneer real estate investment trust, and its sponsor Ayala Land, Inc. (ALI). In a disclosure to the Philippine Stock Exchange, AREIT said ALI will...
