Ayala Land generates P3 18B from block sale of AREIT shares bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.
AREIT Inc., the listed pioneering real estate investment trust (REIT) of the Ayala Group, has obtained the green light from the Philippine Stock Exchange to list additional shares.
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 billion
The Securities and Exchange Commission has approved the P15.46 billion shares-for-asset swap between AREIT Inc. (AREIT), the pioneer real estate investment trust (REIT) in the Philippines, and its sponsor company Ayala Land Inc. In a disclosure to the Philippine Stock Exchange, AREIT said the SEC h
AREIT Inc., the real estate investment trust (REIT) of Ayala Land Inc. (ALI), on Monday said the Securities and Exchange Commission (SEC) has approved the infusion of certain properties into the company. Commercial properties of Ayala Land units, Westview Commercial Ventures Corp. and Glensworth Development Inc., valued at P15.46 billion…