AREIT bares investment strategy




The Manila Times

Corporate News

AYALA real estate investment trust subsidiary AREIT announced its three-year investment strategy to investors in a disclosure made to the Philippine Stock Exchange. The company’s principal strat- egy is to invest in income-generating real estate that meets a select set of criteria for the next three years. “AREIT plans to achieve this investment strategy through the following: pro-active asset management and enhancement strategy, investment and acquisition strategy, and capital and risk management strategy,” the disclosure said. AREIT will actively manage its property portfolio to achieve growth in revenue and net operating income, and maintain optimal occupancy levels. AREIT will acquire quality income-producing commercial properties situated in highgrowth areas that fit the investment criteria to enhance returns for investors, and will manage and source capital to maximize overall returns. The company said these strategies are aimed to fulfill the firm’s investment objectives which include maintaining AREIT’s leadership in the Philippine REIT sector in terms of asset size and market capitalization, growing and diversifying AREIT’s asset portfolio in terms of sector, location and income contribution funded through leverage and equity, achieving 10- to 12-percent total shareholder return through organic growth and new acquisitions, and aiming for a targeted total shareholder return of at least 10 percent per annum.