SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-Q

QUARTERLY REPORT PURSUANT TO SECTION 17 OF THE SECURITIES
REGULATION CODE AND SRC RULE 17(2)(b) THEREUNDER

1. For the quarterly period ended

Mar 31, 2025

2. SEC Identification Number

CS200613870

3. BIR Tax Identification No.

000-346-689-000

4. Exact name of issuer as specified in its charter

AREIT, Inc.

5. Province, country or other jurisdiction of incorporation or organization

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 City Postal Code 1226

8. Issuer's telephone number, including area code

(+632) 7908-3804

9. Former name or former address, and former fiscal year, 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	3,209,865,985

11. Are any or all of registrant's securities listed on a Stock Exchange?

Yes

No

If yes, state the name of such stock exchange and the classes of securities listed therein:

The Philippine Stock Exchange

12. Indicate by check mark whether the registrant:

(a) has filed all reports required to be filed by Section 17 of the SRC and SRC Rule 17 thereunder or Sections 11 of the RSA and RSA Rule 11(a)-1 thereunder, and Sections 26 and 141 of the Corporation Code of the Philippines, during the preceding twelve (12) months (or for such shorter period that the registrant was required to file such reports)

Yes

No

(b) has been subject to such filing requirements for the past ninety (90) days

Yes

No

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 17-2 - Quarterly Report References: SRC Rule 17 and
Sections 17.2 and 17.8 of the Revised Disclosure Rules

For the period ended	Mar 31, 2025
Currency (indicate units, if applicable)	Philippine Pesos ('000)

Balance Sheet

	Period Ended	Fiscal Year Ended (Audited)
	Mar 31, 2025	Dec 31, 2024
Current Assets	5,215,862,869	4,557,171,311
Total Assets	124,089,803,615	123,222,682,941
Current Liabilities	6,260,452,259	5,506,434,067
Total Liabilities	10,535,033,625	9,852,160,420
Retained Earnings/(Deficit)	25,087,755,538	24,903,508,070
Stockholders' Equity	113,554,769,990	113,370,522,522
Stockholders' Equity - Parent	113,554,769,990	113,370,522,522
Book Value per Share	35.38	35.32

Income Statement

	Current Year (3 Months)	Previous Year (3 Months)	Current Year-To-Date	Previous Year-To-Date
Gross Revenue	2,920,729,793	2,111,545,940	2,920,729,793	2,111,545,940
Gross Expense	763,420,490	584,782,342	763,420,490	584,782,342
Non-Operating Income	29,131,710	39,766,641	29,131,710	39,766,641
Non-Operating Expense	139,983,537	122,500,402	139,983,537	122,500,402
Income/(Loss) Before Tax	2,046,457,476	1,444,029,837	2,046,457,476	1,444,029,837
Income Tax Expense	487,737	721,679	487,737	721,679
Net Income/(Loss) After Tax	2,045,969,739	1,443,308,158	2,045,969,739	1,443,308,158
Net Income Attributable to Parent Equity Holder	2,045,969,739	1,443,308,158	2,045,969,739	1,443,308,158
Earnings/(Loss) Per Share (Basic)	0.64	0.61	0.64	0.61
Earnings/(Loss) Per Share (Diluted)	0.64	0.61	0.64	0.61

	Current Year (Trailing 12 months)	Previous Year (Trailing 12 months)
Earnings/(Loss) Per Share (Basic)	2.56	2.44
Earnings/(Loss) Per Share (Diluted)	2.56	2.44

Other Relevant Information
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