Corporate

Consunji commits to keep Cemex a listed entity

The Consunji group is selling a small portion of its stake at Cemex Holdings Philippines to ensure that its equity structure complies with the minimum public float of 10 percent as required.

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.

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