Read this in The Manila Times digital edition.
AYALA Land Inc. (ALI) said Thursday that it was planning to use the roughly P2.76 billion raised from the sale of 75 million common shares in real estate investment trust arm AREIT Inc. for the acquisition of three Metro Manila properties next year.
"Ayala Land intends to invest its net proceeds in land acquisitions in Metro Manila which Ayala Land may undertake on its own or through other subsidiaries and affiliates," ALI told the stock exchange.
Already have an active account? Log in here.
Continue reading with one of these options:
Continue reading with one of these options:
Premium + Digital Edition
Ad-free access
P 80 per month
(billed annually at P 960)
- Unlimited ad-free access to website articles
- Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)
TRY FREE FOR 14 DAYS
See details
See details
If you have an active account, log in
here
.