AREIT shareholders OK P17.3B property swap
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Source: The Manila Times
Published: 2026-09-24 02:11 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Property, Financial Markets, Property & Housing, World News, Business & Economy
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Snippet:
SHAREHOLDERS of AREIT Inc. on Wednesday approved the company’s P17.33-billion property-for-share swap with Ayala Land Inc. (ALI) and four of its subsidiaries, paving the way for the transfer of six mall and hotel properties to ALI’s real estate investment trust (REIT).
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