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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

PBBM to distribute land titles, support services to Eastern Visayas farmers

President Ferdinand R. Marcos Jr. is set to lead the distribution of 5,438 land titles and P509.45 million worth of support services projects to farmers of Eastern Visayas region on May 20, 2024, to be held at Tacloban City Convention Center. Of the 5,438 land titles, 5,400 are electronic titles issued under the Support to […] The post PBBM to distribute land titles, support services to Eastern Visayas farmers appeared first on Bicol Peryodiko......»»

Category: newsSource:  bicolperyodikoRelated News15 hr. 12 min. ago

Proper action

This is a case about the reconstitution of a land title, covered by Original Certificate of Title No. 28907 of lot no. 522 which was allegedly lost or destroyed. The land involved here was one of the several parcels of land owned by Fernando......»»

Category: newsSource:  philstarRelated NewsMay 17th, 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

Mega Prime acquires Jimm’s Coffee Mix

Canned sardines maker Mega Prime Foods Inc. is adding coffee in its product portfolio with the acquisition of select assets of Goldshine Pharmaceuticals Inc., the company behind Jimm’s Coffee Mix products......»»

Category: financeSource:  philstarRelated NewsMay 14th, 2024

Stonebridge acquires P500 million shares in RCI

Stonebridge Corp. has purchased 250 million shares or approximately nine percent of Roxas and Co. Inc. for P500 million......»»

Category: financeSource:  philstarRelated NewsMay 8th, 2024

UP acquires Gilas Youth standout Jacob Bayla

The University of the Philippines Fighting Maroons shored up their frontline after securing the commitment of former Gilas Pilipinas youth standout Jacob Bayla......»»

Category: sportsSource:  philstarRelated NewsMay 5th, 2024

Leviste acquires 8.5% stake of ABS-CBN

Entrepreneur Leandro Leviste, founder of renewable energy firm Solar Philippines, purchased P76.5 million worth of shares of ABS-CBN Corp. or 8.5% of the network......»»

Category: financeSource:  philstarRelated NewsMay 2nd, 2024

DMCI Holdings acquires Cemex PH parent company for $305.6-M

DMCI Holdings [DMC 10.86 ?0.7%; 52% avgVol] [link] and Semirara Mining and Power [SCC 32.50 ?0.8%; 22% avgVol] acquired Cemex Asian South East Corp (CASEC), the parent company of Cemex Philippines [CHP 1.36 ?28.4%; 267% avgVol], in a deal worth $305.6 million (~P17.6 billion)......»»

Category: financeSource:  philstarRelated NewsApr 29th, 2024