Areit: Acquisition of larger assets props up Q1 income businessmirror.com.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessmirror.com.ph Daily Mail and Mail on Sunday newspapers.
Areit Inc., the real estate investment trust sponsored by Ayala Land Inc., said it wants to maintain its occupancy rate at 97 percent, despite the challenging office space environment. Company president Carol Mills said the company’s diversified asset base can cushion the company from the property leasing market’s headwinds. “Currently,…
AREIT Inc the real estate investment trust controlled by billionaire Jaime Zobel de Ayala and his family’s Ayala Land Inc. (ALI) said last week it has agreed to buy prime properties worth 30 billion pesos ($542 million) from its parent and affiliate companies.
Ayala Land to infuse P23B assets into AREIT malaya.com.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from malaya.com.ph Daily Mail and Mail on Sunday newspapers.
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.