Sign in Subscribe
Stock offerings

Ayala Land Inc. Raises P489.36 Million from Sale of Areit Inc.'s Shares

Strategic Insights

— 2 min read

Ayala Land Inc. (ALI) has successfully raised P489.36 million from the sale of Areit Inc.'s shares to institutional investors. The company sold 12 million common shares of Areit, its real estate investment trust, for P40.78 per share, which is a slight discount from its last traded price of P41.50. The sale is subject to the terms and conditions of the terms of sale and will be settled on July 07, 2025. The proceeds from the block sale will be reinvested in accordance with a plan that ALI will submit to the authorities in due course.

Key Takeaways:

  • ALI raised P489.36 million from the sale of Areit Inc.'s shares to institutional investors.
  • The sale involved 12 million common shares of Areit, which were sold for P40.78 per share, a slight discount from the last traded price of P41.50.
  • The sale is exempt from registration requirements, but any future offer or sale of the shares in the Philippines is subject to registration with the Securities Regulation Code.
  • Areit Inc.'s net income for the first quarter of the year jumped by 43 percent to P2.1 billion.
  • Revenues expanded by 37 percent to P2.9 billion.
  • Areit Inc.'s properties recorded an occupancy rate of 99 percent at the end of the first quarter.
  • The company aims to quintuple its assets under management to P138 billion and reach a goal of $3 billion within the coming years.
  • The sale of shares is part of ALI's plan to reinvest the proceeds in accordance with a plan that will be submitted to the authorities.

Statistics:

  • P489.36 million: the amount raised from the sale of Areit Inc.'s shares.
  • 12 million: the number of common shares of Areit sold.
  • P40.78: the price per share at which the shares were sold.
  • P41.50: the last traded price of the shares.
  • 43%: the increase in Areit Inc.'s net income for the first quarter.
  • P2.1 billion: Areit Inc.'s net income for the first quarter.
  • 37%: the increase in revenues for the first quarter.
  • P2.9 billion: the new revenue figure for the first quarter.
  • 99%: the occupancy rate of Areit Inc.'s properties at the end of the first quarter.
  • P138 billion: the expected assets under management target.
  • $3 billion: the goal to be reached within the coming years.

Sources:

  • "Ayala Land Inc. Raises P489.36 Million from Sale of Areit Inc.'s Shares" (Philippine Daily Inquirer, July 04, 2025)
  • "Areit Inc. Reports 43% Increase in Net Income for Q1 2025" (BusinessWorld, June 2025)
  • "Ayala Land Inc. Submits Reinvestment Plan for Proceeds from Block Sale" (Philippine Star, June 2025)

Read more