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Ayala Land generates P3 18B from block sale of AREIT shares

Ayala Land generates P3 18B from block sale of AREIT shares
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Quick Take: Cebu Pacific s market share and 2 more market updates

They’re all about volume.

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AREIT cleared to list more shares

AREIT Inc., the listed pioneering real estate investment trust (REIT) of the Ayala Group, has obtained the green light from the Philippine Stock Exchange to list additional shares.

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AREIT reports 55% growth in EBITDA

Ayala-sponsored AREIT Inc., the country’s first real estate investment trust, recorded an EBITDA of P2.4 billion last year, up 55 percent on the back of stable operations and occupancy rate.

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AREIT profit grows to P2 43 B with new acquisitions

AREIT, Inc. (AREIT), the first Philippine Real Estate Investment Trust, posted a net income of P2.43 billion last year, inclusive of a net fair value change in investment properties of P165 million. Excluding the net fair value change in investment properties, net income registered at P2.27 billion

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