Company AREIT, Inc.

Equities

AREIT

PHY1001D1010

Commercial REITs

End-of-day quote Philippines S.E. 06:00:00 2024-05-02 pm EDT 5-day change 1st Jan Change
34.25 PHP -1.86% Intraday chart for AREIT, Inc. +0.44% +2.54%

Business Summary

AREIT, Inc. is a Philippines-based real estate investment trust (REIT). The Company is engaged in the business of commercial leasing of retail and office spaces. It is focused on owning and investing in commercial portfolio of office, retail, and hotel properties in the Philippines. The Company caters to retail and office tenants. Its investment properties are composed of approximately seven stand-alone buildings, three mixed-used properties, approximately nine condominium office units, and four land parcels. The Company's investment properties are located across various cities in Philippines, which include Makati City, Cebu City, Bacolod City, Quezon City, Ayala Avenue, Gil Puyat Avenue and Muntinlupa City.

Sales per Business

PHP in Million2022Weight2023Weight Delta
Office, Retail and Land
72.9 %
3,627 71.5 % 5,206 72.9 % +43.53%
Common Area Charges
16.9 %
880 17.4 % 1,205 16.9 % +36.92%
Interest from Finance Lease Receivables
6.3 %
222 4.4 % 451 6.3 % +102.78%
Parking Fees
2.8 %
154 3.0 % 197 2.8 % +28.12%
Utilities Dues
0.6 %
163 3.2 % 45 0.6 % -72.22%
Amortization of Deferred Credits
0.5 %
27 0.5 % 36 0.5 % +35.10%

Sales per region

PHP in Million2022Weight2023Weight Delta
Philippines
100.0 %
5,073 100.0 % 7,140 100.0 % +40.76%

Managers

Managers TitleAgeSince
Chief Executive Officer 51 -
Director of Finance/CFO - 21-05-25
Compliance Officer 38 22-11-13
Compliance Officer - -
Director/Board Member 61 -
Investor Relations Contact 44 -
Corporate Officer/Principal - -
General Counsel - -
Comptroller/Controller/Auditor - 21-02-23
Corporate Officer/Principal 61 -

Members of the board

Members of the board TitleAgeSince
Director/Board Member 69 -
Director/Board Member 61 -
Chairman 54 -
Director/Board Member 66 -
Director/Board Member 61 -
Director/Board Member 68 21-12-02
Chief Executive Officer 51 -
Director/Board Member 35 -

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 2,435,936,543 822,219,630 ( 33.75 %) 67,329,970 ( 2.764 %) 33.75 %

Shareholders

NameEquities%Valuation
1,003,837,016 42.38 % 629 M ₱
Deutsche Australia Ltd. (Investment Management)
0.1816 %
4,300,700 0.1816 % 3 M ₱
AllianceBernstein Ltd.
0.1413 %
3,346,600 0.1413 % 2 M ₱
Enrico Cruz
0.1108 %
2,625,001 0.1108 % 2 M ₱
ATR Asset Management, Inc.
0.0602 %
1,425,792 0.0602 % 892 788 ₱
Omar Cruz
0.0407 %
962,901 0.0407 % 602 940 ₱
JPMorgan Asset Management (Singapore) Ltd.
0.0280 %
664,000 0.0280 % 415 777 ₱
242,900 0.0103 % 152 097 ₱
Carol Mills
0.005911 %
140,001 0.005911 % 87 664 ₱
DFA Australia Ltd.
0.004948 %
117,200 0.004948 % 73 387 ₱

Company contact information

AREIT, Inc.

Tower One & Exchange Plaza Ayala Avenue, Ayala Triangle

1226, Makati

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http://www.areit.com.ph
address AREIT, Inc.(AREIT)