AREIT, Inc., the real estate trust sponsored by Ayala Land Inc., announced that its planned share for property swap with ALI will increase its deposited property value to P52 billion. The firm disclosed to the Philippine Stock Exchange that its Board of Directors has approved the increase of...
Property giant Ayala Land, Inc., (ALI) is infusing some identified key commercial properties worth P15.46 billion into AREIT, Inc. under a property-for-share swap transaction. In a disclosure to the Philippine Stock Exchange, ALI said its Executive Committee has approved the subscription to...
AREIT, Inc. (AREIT), the real estate investment trust of Ayala Land, Inc. (ALI), reported a net income of P1.23 billion last year, up 42 percent if excluding a one-time gain in 2019. In a disclosure to the Philippine Stock Exchange, the firm said the higher profit is on account of its stable...
AREIT, Inc. (AREIT), a subsidiary of Ayala Land, Inc. (ALI), reaped multiple international awards and citations in 2020 as the first Real Estate Investment Trust (REIT) to list in the Philippine Stock Exchange (PSE) last year. The landmark debut saw AREIT successfully complete its initial public...
AREIT, Inc., Ayala Land’s real estate investment trust, has acquired 9.8 hectares of land from Ayala Corporation’s subsidiary Technopark Land, Inc. (TLI) in Laguna Technopark through a deed of sale for P1.1 billion (VAT-inclusive). In a disclosure to the Philippine Stock Exchange, AREIT said...
Market Year-ender Shown at the last day of trading for 2020 are (from left): PSE Finance Division Head Roberto Jose R. Jimenez and Securities Clearing Corporation of the Philippines COO Renee D. Rubio; PSE COO Roel A. Refran and PSE President and CEO Ramon S. Monzon. One would run out of...
AREIT,Inc. (AREIT), the Philippines’ first real estate investment trust (REIT), achieved a net income of P844 million in the first nine months of 2020 despite the impact of COVID-19. In a disclosure to the Philippine Stock Exchange, AREIT said earnings were driven by the stable operations...
AREIT Inc., the real estate investment trust sponsored by Ayala Land Inc., has acquired a mall and office development in Pasig City from the real estate giant for P5.1 billion. In a disclosure to the...
