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Ayala Land infuses ₱19.5-B malls into AREIT portfolio
Manila Bulletin
|October 30, 2025
Real estate giant Ayala Land Inc. (ALI) is infusing into AREIT Inc. (AREIT) two malls—Ayala Malls Feliz in Pasig City and Ayala Center Cebu—worth P19.5 billion in exchange for new shares, so that retail will now account for over half of the real estate investment trust’s (REIT) portfolio.
In a disclosure to the Philippine Stock Exchange (PSE), AREIT said it will conduct its sixth property-for-share swap with its sponsor, ALI, involving the acquisition of the two commercial mall properties.
Dit verhaal komt uit de October 30, 2025-editie van Manila Bulletin.
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