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Interesting nuggets from AREIT’s analyst briefing

AREIT held an analyst briefing, and as these things usually go, the AREIT management team took questions from analysts at the end......»»

Category: financeSource:  philstarRelated NewsFeb 27th, 2024

When will AREIT shareholders get the benefit of the injected properties?

The best summary of the timeline of the AREIT property-for-share swap that I found was in the Information Statement that AREIT submitted to the PSE’s EDGE disclosure server on January 10......»»

Category: financeSource:  philstarRelated NewsFeb 6th, 2024

Ayala Land sells P5.6-B worth of AREIT in discount block sale

Ayala Land disclosed that it sold 181 million shares of its subsidiary, AREIT, at P31.10/share which was a 7.2% discount to the previous day’s closing price......»»

Category: financeSource:  philstarRelated NewsJan 29th, 2024

AREIT eyes up to P9 billion additional share offering

AREIT Inc. is planning a follow-on offering or private placement of shares to boost its public float which would decrease following a major property-for-share swap transaction with its sponsor Ayala Land Inc......»»

Category: financeSource:  philstarRelated NewsJan 29th, 2024

AREIT completes P1.2-B cash acquisition of 153-room Seda Lio resort hotel

AREIT announced that it completed the acquisition of the 153-room Seda Lio resort-hotel in El Nido from subsidiaries of its sponsor, Ayala Land......»»

Category: financeSource:  philstarRelated NewsJan 18th, 2024

AREIT maintains dividend dominance

AREIT declared a Q4/23 dividend of P0.55, payable on March 20 to shareholders of record as of March 4......»»

Category: financeSource:  philstarRelated NewsFeb 21st, 2024

Nikon acquires Red Digital Cinema, enters professional video market

Nikon Acquires Red Digital Cinema to Enter Professional Digital Cinema Camera Market In a strategic move to expand into the professional digital cinema camera market,.....»»

Category: newsSource:  thedailyguardianRelated NewsMar 8th, 2024

Bacolod council backs STEM program at Mansilingan Agro-Industrial HS

Bacolod council backs STEM program at Mansilingan Agro-Industrial HS.....»»

Category: newsSource:  sunstarRelated NewsApr 2nd, 2024

Marubeni mulls RE foray, industrial estate development in Philippines

Japanese trading giant Marubeni is mulling an industrial estate comeback in the Philippines, while also exploring possible ventures into the renewable energy space......»»

Category: financeSource:  philstarRelated NewsApr 1st, 2024

Global manufacturers support expansion of Philippines industrial sector

The move of the government to attract more manufacturing investments and diversify sources of foreign pledges is seen to increase demand for industrial spaces in the country, bringing in high value manufacturing investments such as semiconductors......»»

Category: financeSource:  philstarRelated NewsFeb 14th, 2024

Aboitiz InfraCapital’s West Cebu Estate Earns Recognition as ‘Best Industrial Development in Asia’ at Asia Property Awards

In its inaugural appearance at PropertyGuru’s Asia Property Awards, Aboitiz InfraCapital (AIC) Economic Estates’ West Cebu Estate clinched the prestigious title of “Best Industrial Development in Asia.” This recognition shines a spotlight on Balamban, Cebu, establishing it as a vibrant global investment hub. The achievement is attributed to the strong economic and social development fostered […].....»»

Category: newsSource:  metrocebuRelated NewsJan 19th, 2024

Avida Land brings 3D street art to South Park

Avida Land, the upper mid-income residential brand of property giant Ayala Land, has transformed South Park District, a 6.6-hectare township in Muntinlupa, into a vibrant community following the unveiling last Feb. 3 of an interactive canvas with 3D paintings......»»

Category: financeSource:  philstarRelated NewsFeb 3rd, 2024

Chacha to worsen land dispossession and poverty, rights groups say

“Instead of devoting our land and resources to the genuine development of the domestic agriculture, economy, and industries, ChaCha will allow more foreign-owned extractive industries, logging, ecotourism, real estate projects, expansion of agro-corporation plantations, and other business operations intended for profit-making." The post Chacha to worsen land dispossession and poverty, rights groups say appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsJan 18th, 2024

Producers Savings Bank acquires Leyte rural bank

Producers Savings Bank Corp. has completed its merger with one more rural bank, bolstering the bank’s assets and profit growth via its branch network expansion......»»

Category: financeSource:  philstarRelated NewsApr 22nd, 2024

Balai acquires Sugarhouse

Listed bakery operator Balai ni Fruitas Inc. is beefing up its portfolio with the addition of the 40-year-old legacy brand Sugarhouse......»»

Category: financeSource:  philstarRelated NewsApr 19th, 2024

Balai Ni Fruitas acquires Sugarhouse

Balai Ni Fruitas, a subsidiary of the Lester Yu-controlled Fruitas, disclosed that it will acquire the bakeshop Sugarhouse in a deal that is scheduled to close by the end of the month......»»

Category: financeSource:  philstarRelated NewsApr 19th, 2024

GSIS acquires more shares in RCR

State-run pension fund Government Service Insurance System has raised its stake in the real estate investment trust of Gokongwei-led Robinsons Land Corp. over the past two months, bringing it to nearly 8.2 percent......»»

Category: financeSource:  philstarRelated NewsApr 18th, 2024

Rain or Shine receives 1st-round picks as PBA approves Nambatac trade

Rain or Shine lets go of Rey Nambatac as it acquires a pair of first-round picks from Blackwater.....»»

Category: newsSource:  rapplerRelated NewsFeb 14th, 2024

Choco Mucho acquires Tubino

Choco Mucho plucked veteran Royse Tubino recently, hoping that the former Army standout would be the last piece of the championship puzzle the franchise has long sought for in the Premier Volleyball League......»»

Category: sportsSource:  philstarRelated NewsJan 16th, 2024

PNP acquires P485 million guns, mobility assets

The Philippine National Police has procured firearms and mobility equipment amounting to P485 million......»»

Category: newsSource:  philstarRelated NewsJan 15th, 2024