C06449-2021

The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.

AREIT, Inc.AREIT

PSE Disclosure Form REIT-2 - Reinvestment Plan Progress Report
Reference: Section 6 of the Amended PSE Listing Rules for REITS

Subject of the Disclosure

AREIT TP Cebu Proceeds Final Report First Tranche
Background/Description of the Disclosure

On September 24, 2020 Ayala Land, Inc. (ALI) received net proceeds from the sale of TP Cebu amounting to Two Hundred Ninety Million Pesos (P290,000,000.00).
Update or Status of the Reinvestment Plan

As of September 23, 2021, ALI disbursed the total net proceeds amounting to Two Hundred Ninety Million Pesos (P290,000,000.00), in accordance with its Reinvestment Plan.
Summary of Transactions Involving Real Estate and/or Infrastructure Projects for the Period

Project Name: Andacillo
Disbursement Date: July 2021
Entity: Ayala Land, Inc.
Amount: P84,400,000.00

Project Name: The Courtyards
Disbursement Date: July 2021
Entity: Ayala Land, Inc.
Amount: P60,470,000.00

Project Name: Arbor Lanes
Disbursement Date: July 2021
Entity: Ayala Land, Inc.
Amount: P18,300,000.00

Project Name: Garden Court Residences
Disbursement Date: July 2021
Entity: Ayala Land, Inc.
Amount: P37,100,000.00

Project Name: Cerilo
Disbursement Date: July 2021
Entity: Ayala Land, Inc.
Amount: P21,800,000.00

Project Name: Ardia
Disbursement Date: July 2021
Entity: Ayala Land, Inc.
Amount: P11,208,000.00

Project Name: Park Cascades 1&2
Disbursement Date: July 2021
Entity: Ayala Land, Inc.
Amount: P55,120,805.31

Project Name: Tryne Enterprise Plaza
Disbursement Date: July 2021
Entity: Ayala Land, Inc.
Amount: P1,601,194.69
Description of Real Estate Assets and/or Infrastructure Projects for the Period

Andacillo - 45 has. with 7 configurations residential in Nuvali Heights

The Courtyards - Residential development in Vermosa, Cavite

Arbor Lanes - Five-block vertical development in ARCA South

Garden Court Residences- Two-hectare community in ARCA South

Cerilo - Homes at NUVALI, Laguna; 85-hectare development

Ardia - Residential community in Vermosa

Park Cascades 1&2 - Low rise residential condominium in Arca South

Tryne Enterprise Plaza - Three-tower office development situated at the entrance of ARCA South
Other Relevant Information

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Filed on behalf by:
Name Michael Blase Aquilizan
Designation Associate Manager