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.
Source: philstar.com
Bacolod Capitol News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from Bacolod Capitol. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In Bacolod Capitol Today - Breaking & Trending Today
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
Source: mb.com.ph