The Greenbelt 1 building in Makati City may soon lose protection as a cultural property. Ayala Land has filed a petition with the National Commission for Culture and the Arts to remove the Presumption as Important Cultural Property, as announced by the government agency on July 26. ...
Market history tells us that when inflation and interest rates go up, property stocks tend to fall in 63 percent of the time.The rise in inflation this year from 3.0 percent at the start of the year to 6.1 percent last June ...
If you are planning to buy AREIT stocks, you need to understand the business of the company.
Ayala-owned AREIT, Inc (PSE: AREIT) will be the third company that will go public this year after it obtained approval from regulators to raise up to P13.5 billion in an initial public offering.AREIT will sell up to 502 million shares, consisting mainly of ...
The first real estate investment trust (REIT) to debut in the Philippine Stock Exchange has priced its initial public offering (IPO) at P27 per share. AREIT Inc, which is sponsored by Ayala Land, said it will offer a maximum of 502.57 million shares, ...
It’s a good day if you’re an investor looking to get into real estate investment trust (REIT). On Friday, July 10, the Securities and Exchange Commission (SEC) announced that it has cleared the initial public offering (IPO) of an REIT sponsored by Ayala ...
Fickle forecasts and speculations in land values always make investing in property, whether residential or commercial, a difficult decision to make. But present and future unit owners of Ayala Land Premier’s latest venture will likely have struck commercial property gold once it ...
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