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Areit: Acquisition of larger assets props up Q1 income

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.

Exec: Areit can buck headwinds this year

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 profit jumps 43%

AREIT profit jumps 43%
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 Land profit hits P24 5B

Ayala Land Inc. said its net income last year rose by 32 percent to P24.5 billion from the P18.61 billion recorded in 2022. Consolidated revenues went up by 18 percent to P148.85 billion from the previous year’s P126.55 billion. Property development revenues expanded by 14 percent to P92.3 billion, driven…

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