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AYALA-LED real estate investment trust AREIT Inc.'s property-for-share swap transactions with other Ayala-led firms moved closer to completion after it secured stockholder approval.
AYALA Corp.'s real estate investment trust AREIT Inc. said Friday it would be acquiring 276 hectares of industrial land in Zambales from an ACEN Corp. subsidiary, Buendia Christiana Holdings Corp. (BCHC), via a property-for-share swap.