Ayala Land wins initial nod for debut Philippine Reit IPO

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Ayala Land wins initial nod for debut Philippine Reit IPO

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Real estate or property development. Construction business investment. Home mortgage loan rate. Hand putting coin in currency glass jar with Coin stack, banknotes, house and crane models on the table. | zephyr_p - stock.adobe.com

Ayala Land Real Estate Investment Trust (AReit) has got the preliminary greenlight from the Philippines’ securities regulator for the country’s first Reit IPO.

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