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.
Source: philstar.com
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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
Source: mb.com.ph
SEC approves P15.46 B AREIT, ALI asset-for-equity swap
The Securities and Exchange Commission has approved the P15.46 billion shares-for-asset swap between AREIT Inc. (AREIT), the pioneer real estate investment trust (REIT) in the Philippines, and its sponsor company Ayala Land Inc. In a disclosure to the Philippine Stock Exchange, AREIT said the SEC h
Source: mb.com.ph
AREIT gets SEC nod for swap deal
AREIT Inc., the real estate investment trust (REIT) of Ayala Land Inc. (ALI), on Monday said the Securities and Exchange Commission (SEC) has approved the infusion of certain properties into the company. Commercial properties of Ayala Land units, Westview Commercial Ventures Corp. and Glensworth Development Inc., valued at P15.46 billion…
Source: businessmirror.com.ph