AREIT [AREIT 39.05 ?1.1%; 13% avgVol] [] disclosed that its board voted to approve a property-for-share swap with its parent company, Ayala Land [ALI 22.80 ?8.1%; 206% avgVol], that would see P20 ...

Ayala Land-backed real estate investment trust AREIT Inc. saw its profits grow by high double-digits last year on the back of strong performance from its tied properties. In a disclosure to the ...

Gains from new assets infused by its sponsor caused a 49-percent surge in the 2024 earnings of AREIT Inc. to log P7.4 billion, with the company set to acquire more commercial properties this year.