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 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…