AREIT Posts Record Growth with 43% Increase in Net Income

AREIT, Inc., the pioneer Philippine Real Estate Investment Trust (REIT), has announced a remarkable year-over-year growth in its financial performance for 2023, underscoring its leadership in the sector. The company reported total revenues of P7.14 billion and Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) of P5.04 billion, marking increases of 41% and 39% respectively. … Read more