Ayala Land's AREIT To Boost Asset Base To $3 Billion By 2030
Backed by one of the Philippines’ oldest conglomerates, AREIT has quadrupled its assets under management to $2 billion since its listing in 2020.
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Backed by one of the Philippines’ oldest conglomerates, AREIT has quadrupled its assets under management to $2 billion since its listing in 2020.
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AYALA-LED real estate investment trust AREIT Inc. announced on Wednesday the completion of a P1.19-billion deal to acquire the 153-room Seda Lio in El Nido, Palawan, from Ayala Land Inc. (ALI) subsidiary Econorth Resort Ventures Inc.
Not too long ago, spending Christmas in an island away from your relatives and the madding crowd can run you the risk of being branded anti-social, or being a grinch. Fortunately, those days are gone and this kind of hideaway has become a fashionable way to celebrate the holidays, whether…
AREIT Inc—the real estate investment trust controlled by billionaire Jaime Zobel de Ayala and his family’s Ayala Land Inc. (ALI)—said last week it has agreed to buy prime properties worth 30 billion pesos ($542 million) from its parent and affiliate companies.