CURRENT REPORT UNDER SECTION 17 OF THE SECURITIES REGULATION CODE AND SRC RULE 17.2(c) THEREUNDER
1. Date of Report (Date of earliest event reported)
Oct 30, 2024
2. SEC Identification Number
CS200613870
3. BIR Tax Identification No.
006-346-689
4. Exact name of issuer as specified in its charter
AREIT, Inc.
5. Province, country or other jurisdiction of incorporation
Makati City, Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
28/F Tower One and Exchange Plaza, Ayala Ave. Makati CityPostal Code1226
8. Issuer's telephone number, including area code
(+632) 7908-3804
9. Former name or former address, if changed since last report
N/A
10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA
Title of Each Class
Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
Common Shares
2,368,606,573
11. Indicate the item numbers reported herein
Item 9 - Other Matters
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-1 - Reinvestment Plan References: Rule 4 of the IRR of the REIT Act of 2009 and Sections 4 and 8 of the Amended PSE Listing Rules for REITS
Report Date
Oct 30, 2024
InitialFiling
Amend
Amendment No.:
1
Items amended by Filing
The following changes are made to the original Reinvestment Plan:
1. The following projects have been removed -The Gentry Corporate Plaza -The Gentry Residences -Parkford Suites Legazpi -Viento at Cerca Tower 3
2. Added a new project 'Metro Manila Property' with a disbursement of P1,931,578,876.17 3. Revised disbursement amounts for the following projects and shortened disbursement periods to June 2024 - 3Q 2024: -Centralis Towers - P118,775,857.86 -Avida Towers Ardane - P202,266,851.84 -Amaia Steps The Junction Place - P147,431,055.79 -Amaia Steps Pasig - P65,585,192.36 -Amaia Steps Two Capitol Central - P73,084,871.14 -Cresendo Estate -P136,540,525.34 -Mandarin Oriental -P23,546,000.00
4. Shortened disbursement periods of Cresendo Estate and Vermosa to June 2024 - 3Q 2024
Exact Name of REIT as Specified in its Charter
AREIT, Inc
Address of Principal Office
28/F Tower One and Exchange Plaza, Ayala Ave. Makati City
SEC Identification Number
CS200613870
BIR Identification Number
006-346-689
Name of REIT Corporation:
AREIT, Inc.
Reinvestment Plan Period:
May 23, 2025
A. Income-Generating Properties Transferred by the Sponsors/Promoters to the REIT
Name of Sponsor/Promoter
Description of Property Transferred
Certificate of Title of Property
Transfer Value of the Property to the REIT
N/A
-
-
-
B. Estimated Amount of Proceeds/Money to be Realized by the Sponsors/Promoters
I. From the Subsequent Sale of REIT shares or other securities issued in exchange for income-generating real estate transferred by the Sponsors/Promoters to the REIT
Name of Sponsor/Promoter
Estimated Amount of Proceeds
Ayala Land, Inc.
3,158,809,230.50
II. From the Sale of income-generating real estate to the REIT
Name of Sponsor/Promoter
Estimated Amount of Proceeds
N/A
-
C. The Reinvestment Projects
Description of the Real Properties/Infrastructure Projects subject of the Reinvestment Policy
Description of the Real Properties/ Infrastructure Projects
Location
Estimated Timing of Disbursement of the Money/ Proceeds for Reinvestment
Percentage of Completion as of the Date of the Reinvestment Plan
Type of Investment (Direct ownership, shareholding, etc.)
AREIT, Inc.AREIT