AYALA-LED real estate investment trust AREIT Inc. s property-for-share swap transactions with other Ayala-led firms moved closer to completion after it secured stockholder approval.
PROPERTY giant Ayala Land Inc. (ALI) said it intends to use the proceeds from a block sale of shares in its real estate investment trust AREIT Inc. to fund ongoing and future investments.
PROPERTY developer Ayala Land Inc. (ALI) on Friday successfully raised about P5.6 billion, exclusive of fees and taxes, from a block sale of shares in its real estate investment trust, AREIT Inc.
AYALA-LED real estate investment trust AREIT Inc. announced on Wednesday the completion of a P1.19-billion deal to acquire the 153-room Seda Lio in El Nido, Palawan, from Ayala Land Inc. (ALI) subsidiary Econorth Resort Ventures Inc.