Asset infusions seen boosting AREIT
AYALA-LED real estate investment trust AREIT Inc. will likely deliver a net income of P7.1 billion this year, Maybank Investment Banking Group said, driven by continued asset infusions, particularly in the second half. In a report last Thursday, Maybank forecast that AREIT’s 2024 earnings would rise by 44 percent year on year amid strong revenue […]
Tomas Kauer - News Moderator 
AYALA-LED real estate investment trust AREIT Inc. will likely deliver a net income of P7.1 billion this year, Maybank Investment Banking Group said, driven by continued asset infusions, particularly in the second half.
In a report last Thursday, Maybank forecast that AREIT’s 2024 earnings would rise by 44 percent year on year amid strong revenue and driven by an increase in gross leasable area (GLA) and assets under management (AUM).
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