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AREIT, Inc.

Company Description
AREIT, Inc. (AREIT) was incorporated on September 4, 2006 as a real estate company. The Company was originally known as One Dela Rosa Property Development, Inc. before changing its name to the present one on April 12, 2019.

The Company operates as a real estate investment trust (REIT) which principal investment strategy is to invest in income-generating real estate. To meet the investment criteria, a potential new property should be located in a prime location in either Metro Manila or key provinces in the Philippines; be primarily focused on commercial operations; and have stable occupancy, tenancy, and income operations. The Company's sponsor is Ayala Land, Inc.

AREIT's property portfolio currently consists of three commercial buildings in Makati City, Metro Manila. These are Solaris One, a 24-storey commercial building; Ayala North Exchange, a two-tower mixed-use development; and McKinley Exchange, a five-storey mixed-use development. The land on which the buildings are built do not form part of the Company's asset portfolio and is not owned by the Company.

Source: Prospectus (2020)
Security Information
Sector Property
Subsector Property
Corporate Life
Incorporation Date 04-SEP-06
Number of Directors 7
Stockholders' Meeting as per By-Laws Last Friday of May of each year
Fiscal Year 12/31 (Month/Day)
External Auditor SGV & Co.
Transfer Agent BPI Stock Transfer Office
Contact Information
Business Address 28th Floor, Tower One & Exchange Plaza, Ayala Triangle, Ayala Avenue, Makati City
E-mail Address
Telephone Number +632 7908 3804
Fax Number
Website www.areit.com.ph