SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C
CURRENT REPORT UNDER SECTION 17
OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.2(c) THEREUNDER
1. Date of Report (Date of earliest event reported) May 2, 20222. SEC Identification Number CS2006138703. BIR Tax Identification No. 006-346-6894. Exact name of issuer as specified in its charter AREIT, Inc.5. Province, country or other jurisdiction of incorporation Makati City, Philippines6. Industry Classification Code(SEC Use Only) 7. Address of principal office 28/F Tower One and Exchange Plaza, Ayala Ave. Makati CityPostal Code12268. Issuer's telephone number, including area code (+632) 7908-38049. Former name or former address, if changed since last report N/A10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA
Title of Each Class
Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
Common Shares
1,508,910,810
11. Indicate the item numbers reported herein Item 9 - Other Matters
The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.
AREIT, Inc.AREIT
PSE Disclosure Form REIT-1 - Reinvestment Plan References: Rule 4 of the IRR of the REIT Act of 2009 and
Sections 4 and 8 of the Amended PSE Listing Rules for REITS
Report Date
May 2, 2022
InitialFiling
Amend
Amendment No.:
-
Items amended by Filing
N/A
Exact Name of REIT as Specified in its Charter
AREIT, Inc
Address of Principal Office
28/F Tower One and Exchange Plaza, Ayala Ave. Makati City
SEC Identification Number
CS200613870
BIR Identification Number
006-346-689
Name of REIT Corporation:
AREIT, Inc.
Reinvestment Plan Period:
May 2, 2023
A. Income-Generating Properties Transferred by the Sponsors/Promoters to the REIT
Name of Sponsor/Promoter
Description of Property Transferred
Certificate of Title of Property
Transfer Value of the Property to the REIT
N/A
-
-
-
B. Estimated Amount of Proceeds/Money to be Realized by the Sponsors/Promoters
I. From the Subsequent Sale of REIT shares or other securities issued in exchange for income-generating real estate transferred by the Sponsors/Promoters to the REIT
Name of Sponsor/Promoter
Estimated Amount of Proceeds
Ayala Land, Inc.
3,444,412,934.67
II. From the Sale of income-generating real estate to the REIT
Name of Sponsor/Promoter
Estimated Amount of Proceeds
N/A
-
C. The Reinvestment Projects
Description of the Real Properties/Infrastructure Projects subject of the Reinvestment Policy
Description of the Real Properties/ Infrastructure Projects
Location
Estimated Timing of Disbursement of the Money/ Proceeds for Reinvestment
Percentage of Completion as of the Date of the Reinvestment Plan
Type of Investment
(Direct ownership, shareholding, etc.)
Bulacan Property
Bulacan
3Q 2022
N/A
100% owned
Quezon City Property
Quezon City
4Q 2022
N/A
100% owned
Quezon City Property
Quezon City/Pasig City
2Q 2022 to 4Q 2022
N/A
50% owned
Batangas Property
Batangas
2Q 2022
N/A
71% owned
Cavite Property
Cavite
4Q 2022
N/A
100% owned
One Vertis Plaza
Quezon City
3Q 2022 to 1Q 2023
49%
100% owned
Andacillo
Laguna
3Q 2022
57%
100% owned
Other Relevant Information
-
Filed on behalf by:
Name
Michael Blase Aquilizan
Designation
Associate Manager
Attachments
Original Link
Original Document
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Disclaimer
AyalaLand REIT Inc. published this content on 02 May 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 May 2022 08:26:07 UTC.
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. The Company owns and invests 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 the Philippines, which include Makati City, Cebu City, Bacolod City, Quezon City, Ayala Avenue, Gil Puyat Avenue and Muntinlupa City. AREIT Fund Managers, Inc. is the fund manager.