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AREIT completes P1 2-B cash acquisition of 153-room Seda Lio resort hotel

AREIT completes P1 2-B cash acquisition of 153-room Seda Lio resort hotel
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AREIT completes Seda Lio purchase | The Manila Times

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.

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