AREIT cuts office reliance with P17.3-B swap
AREIT shareholders approve a ₱17.3B asset swap with Ayala Land, adding 4 malls and 2 hotels to boost assets to ₱177B and expand non-office portfolio.
· 2 MIN READ
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AREIT Inc.
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AREIT expands portfolio with p17.3-b ayala malls, hotel share swap
AREIT Inc. will acquire P17.33 billion worth of malls and hotels from Ayala Land through a share swap, expanding its retail and hospitality portfolio and…
· 2 MIN READ
AREIT profits jump 28 percent on new acquisitions
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AREIT seals P19.5 billion ALI expansion
AREIT Inc. is expanding its portfolio with P19.5 billion worth of mall assets from Ayala Land and Summerhill, including Ayala Center Cebu and Ayala Malls Feliz.
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De Larrazabal appointed AREIT‘s new chief
Ayala Corporation’s CFO until end-2025, Alberto M. de Larrazabal has been named successor to Jose Eduardo A. Quimpo II as AREIT Inc. president and CEO.
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ALI sells 12-M AREIT shares for P489 million
Ayala Land Inc. raises P489.4 million from the sale of 12 million AREIT shares, planning to reinvest proceeds to fuel growth; recently acquired New World Hotel…
· 1 MIN READ
ALI cashes in on AREIT stake sale
Ayala Land, Inc. (ALI), the real estate arm of the Ayala Group, has raised P489.4 million from the sale of 12 million shares in AREIT, Inc., with plans to…
· 1 MIN READ
AREIT earnings climb 49 percent in 2024
The gains were driven by contributions from newly acquired properties, including Ayala Triangle Gardens Tower 2, Greenbelt 3 and 5, Holiday Inn Hotel & Suites…
· 2 MIN READ
China Bank soars 38.9% in last-minute rally before PSEi debut
CBC experiences a remarkable 38.9% surge in the last minutes of trading, reaching P93 just before its inclusion in the PSEi. Net foreign buying hits P658…
· 1 MIN READ
SCUTTLEBUTT
The PSE index sees a major shakeup as Nickel Asia Corp. and Wilcon Depot are replaced by AREIT and China Banking Corp. Discover the impact of these changes,…
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Index rebalances, AREIT, CBC join list
‘It is notable that our very first listed REIT has also become the first REIT to make it to the PSEi.’
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AREIT at the Investment Summit Asia Pacific 2024
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