AYALA-LED real estate investment trust AREIT Inc. is expected to exceed its infusion target once the acquisition of P29.8 billion worth of fresh assets materializes next year, Maybank Investment Banking Group said.
THE Sy family s SM Prime Holdings Inc. (SM Prime) and Ayala-led real estate investment trust company AREIT Inc. will likely lead growth in the property and REIT sectors in the year ahead, Maybank Investment Banking Group said.
AYALA-LED real estate investment trust AREIT Inc. s portfolio has received a substantial boost with the acquisition of more than P29.79 billion worth of properties from Ayala Land Inc. (ALI) and ACEN Corp.
AYALA Corp. s real estate investment trust AREIT Inc. said Friday it would be acquiring 276 hectares of industrial land in Zambales from an ACEN Corp. subsidiary, Buendia Christiana Holdings Corp. (BCHC), via a property-for-share swap.