AREIT Inc., the real estate investment trust sponsored by Ayala Land Inc., is planning to diversify into shopping malls as part of its target to acquire assets worth a total of P30 billion to P45 billion over the next three years. In a disclosure to the Philippine Stock Exchange, the firm said it...
AREIT, Inc., the real estate investment trust of Ayala Land Inc., posted a 65 percent jump in net income (excluding fair value change in investment properties and the one-time gain on finance lease) to P2.4 billion in the first nine months of the year. In a disclosure to the Philippine Stock...
AREIT, Inc., the real estate investment trust of Ayala Land Inc., reported a 64 percent jump in net income (excluding fair value change in investment properties and the one-time gain on finance lease) to P1.61 billion in the first half of 2022. In a disclosure to the Philippine Stock Exchange, the...
AREIT, Inc. (AREIT), the first Philippine real estate investment trust, reported a 59 percent jump in net income to P796 million in the first quarter of 2022, excluding fair value change in investment properties. In a disclosure to the Philippine Stock Exchange, the firm said profit growth was...
Ayala Land Inc. has raised P3.47 billion from the sale of shares of AREIT Inc., its real estate investment trust, which it received from a property-for-share swap. In a disclosure to the Philippine Stock Exchange, ALI said it sold 87.37 million AREIT shares at a transaction price of P39.70 per...
AREIT, Inc., the Ayala Group’s Real Estate Investment Trust (REIT), has secured the approval of its stockholders on its second property-for-share swap worth P11.26 billion with its sponsor, Ayala Land, Inc. (ALI). Approved during AREIT’s Annual Stockholders’ Meeting on Thursday, Apr. 21, the...
AREIT, Inc. (AREIT), the first Philippine real estate investment trust, will enter a second property-for-share swap with its sponsor AyalaLand,Inc.(ALI) worth P11.26 billion. In a disclosure to the Philippine Stock Exchange, the firm said the transaction will involve six Cebu-based office buildings...
AREIT, Inc. (AREIT), the first Philippine Real Estate Investment Trust, posted a net income of P2.43 billion last year, inclusive of a net fair value change in investment properties of P165 million. Excluding the net fair value change in investment properties, net income registered at P2.27...
The Securities and Exchange Commission (SEC) has approved the planned public offerings by AREIT, Inc. and Cityland, Inc. In its meeting on Dec. 9, the Commission En Banc resolved to render effective the registration statements of AREIT for a P15 billion debt securities program and of Cityland for...
AREIT Inc., the pioneering Real Estate Investment Trust (REIT) in the Philippines, reported a 49 percent jump in net income to P1.49 billion in the first nine months of 2021. In a disclosure to the Philippine Stock Exchange, the firm said this figure excludes fair value gain and one-time reversal...
AREIT Inc. (AREIT), the pioneer real estate investment trust in the Philippines, is moving towards net zero operational emissions and is on track to be the country’s first carbon neutral REIT. In a statement, AREIT underscored its commitment to Environmental, Social, and Governance (ESG)...
AREIT Inc., pioneering real estate investment trust sponsored by Ayala Land Inc., is planning to raise P3 billion from the issuance of fixed-rate bonds as the initial tranche of its proposed Debt Securities Program of up to P15.0 billion. The firm intends to use the net proceeds from the bond...
