Citicore Energy REIT Corporation (CREIT), the country’s first and largest renewable energy real estate investment trust, posted a 12 percent improvement in net income to P1.4 billion last year. In a disclosure to the Philippine Stock Exchange (PSE), the firm said its revenues rose 31 percent to...
The Sy family’s flagship SM Investments Corporation (SMIC) has come in as a strategic partner in Citicore Energy REIT Corporation (CREIT) with the acquisition of a 28.79 percent stake for P5 billion from shareholders led by billionaire Edgar Saavedra. In a disclosure to the Philippine Stock...
Citicore Energy REIT Corporation (CREIT) declared cash dividends amounting to P353 million or P0.054 per share which is 10 percent higher than the P0.049 a share dividend declared in the previous quarter. In a disclosure to the Philippine Stock Exchange (PSE), the firm said this brings total...
Filinvest REIT Corp. (FILRT), the Gotianun Group’s real estate investment trust, reported a 19 percent drop in unaudited net income to P1.05 billion last year from P1.3 billion in 2022. In a disclosure to the Philippine Stock Exchange (PSE), the firm said that excluding the net fair value...
The property market proved its resilience as capital values across Metro Manila’s commercial districts sustained their levels throughout 2023 despite local and global headwinds. In a media presentation, Leechiu Property Consultants Inc. Senior Manager for Investment Sales Erika Manasan said some...
JG Summit Holdings President and CEO Lance Gokongwei is taking over the helm of real estate unit Robinsons Land Corporation (RLC) after Frederick D. Go resigned from the post to join the Marcos administration. In separate disclosures to the Philippine Stock Exchange (PSE), RLC and RL Commercial...
DDMP REIT, INC. will be conducting its annual meeting of stockholders on December 13, 2023, Wednesday at 10:30 AM through remote communication via Zoom. A copy of the official announcement published in Manila Bulletin broadsheet is shown below:
DDMP REIT, INC. will be holding its annual meeting of stockholders on December 13, 2023, Wednesday at 10:30 AM through remote communication via Zoom. A copy of the official announcement published in Manila Bulletin broadsheet is shown below:
Filinvest REIT Corp.'s (FILRT) net income for the first nine months of this year plummeted by 34.5 percent to P721 million from P1.1 billion in the same period in 2022. In their disclosure to the Philippine Stock Exchange (PSE), their revenues also decreased by 11 percent to P2.22 billion this year...
RL Commercial REIT Inc. (RCR), the real estate investment trust of Robinsons Land Corporation, reported a four percent improvement in revenues to P4.1 billion in the first nine months of the year. However, the firm has yet to disclose its net income for the period to the Philippine Stock Exchange...
The Department of Finance (DOF) has highlighted the significant contribution of real estate investment trusts (REITs) to the country's economic recovery and infrastructure modernization. Finance Secretary Benjamin E. Diokno said that REIT investments are playing a vital role in fueling property...
DDMP REIT Inc. announced that it has received payment of ₱55.26 million as rental deposits for 15,100 square meters or 1.51 hectares of new office space lease with total lease value of ₱798.81 million. The new office space lease take up is expected to form part of the goal of DDMP REIT Inc. to...
