Corporate
AREIT, Buendia Christiana Holdings execute P6.77 billion property-for-share swap
AREIT Inc., the listed real estate investment trust of the Ayala Group, and Buendia Christiana Holdings Corp. have finalized a property-for-share swap valued at P6.77 billion.
Ayala Corp. projects raising P15 billion from follow-on offering
Ayala Corp. anticipates generating P15 billion from the re-issuance of 7.5 million perpetual preferred shares under its follow-on offering.
Hotel101 Global say first batch of Spanish Investor Visas for Madrid project released
Hotel101 Global, the hospitality unit of DoubleDragon Corp., said the first batch of Spanish investor visas, also known as “Golden Visas,” has been released to initial unit owners of Hotel101-Madrid. The milestone was achieved just 6 months and 16 days after their purchase of units in the real estate project in Spain.
FLI board approves offer to reacquire shares from Filreit
Filinvest Land Inc. on Wednesday said its board of directors approved the voluntary offer to reacquire up to 1.86 billion common shares equal to 7.69 percent of outstanding stock in exchange for Filinvest REIT Corp. shares.
Union Bank infusing P1.6 billion additional capital in UnionDigital
Union Bank of the Philippines, the country's ninth largest lender by assets, said Tuesday its board approved the infusion of up to P1.6 billion additional capital into UnionDigital Bank Inc.
