Citicore Energy REIT Corp. (CREIT), known as the Philippines’ first and largest renewable energy Real Estate Investment Trust, reported stable revenues of Php 1.88 billion for the year 2025, according to a press release filed with the Securities and Exchange Commission on March 26, 2026.

What is CREIT and What Does It Do?

Think of CREIT as a landlord, but instead of renting out houses or apartment buildings, it rents out huge pieces of land where solar power plants are built. These solar farms capture sunlight and turn it into electricity. CREIT owns the land and gets paid rent by companies that operate these solar power plants.

Breaking Down the 2025 Financial Performance

CREIT earned money in two main ways during 2025:

• Guaranteed base lease revenue: This is the fixed rent that CREIT receives no matter what, which totaled Php 1.67 billion
• Variable lease revenue: This is bonus rent that CREIT gets when the solar plants perform really well and make extra money, which amounted to Php 50.29 million

The company also reported an EBITDA (a measure of how much money a business makes from its operations) of Php 1.85 billion and a net income (the actual profit after all expenses) of Php 1.43 billion for 2025.

How Much Land Does CREIT Own?

CREIT owns about 7.1 million square meters of land. That’s roughly equivalent to 994 football fields! This land is used for solar power plants that are either already working or still being built. These solar farms are part of a bigger plan by CREIT’s sponsor company to build 1 gigawatt of solar power as part of their goal to reach 5 gigawatts in 5 years.

Dividends: Sharing Profits with Shareholders

CREIT paid its shareholders (the people who own pieces of the company) an annual dividend of Php 0.203 per share in 2025. Based on the stock’s closing price of Php 3.22 per share on March 24, 2026, this represents a dividend yield of 6.3%.

For the fourth year in a row, CREIT distributed 106% of its distributable income to shareholders. This is notable because REIT companies in the Philippines are only required by law to pay out at least 90% of their income.

What Makes CREIT Special?

According to CREIT President and CEO Oliver Tan, the company’s business model is built on “stability, consistency, and long-term value creation.” Because CREIT’s business involves essential infrastructure for the country’s energy needs, it can weather economic ups and downs better than traditional REITs that rent out office buildings or shopping malls.

CREIT maintained a 100% occupancy rate throughout 2025, meaning all of its land was rented out with no vacancies. The company also has a weighted average lease expiry of 19.44 years, which means the rental agreements won’t end anytime soon, ensuring steady income for a long time.

Recognition and Awards

CREIT’s financial strength was recognized by Philippine Rating Services Corporation (PhilRatings), which maintained the company’s PRS Aa+ Issuer Credit Rating with a Stable Outlook. The company’s ASEAN Green Bonds also kept their PRS Aa+ Issue Credit Rating with a Stable Outlook.

Additionally, the Institute of Corporate Directors (ICD) awarded CREIT with a Golden Arrow Award for both 2024 and 2025, recognizing the company’s excellence in corporate governance among publicly listed companies in the Philippines.

About Citicore Energy REIT Corp.

CREIT has been listed on the Philippine Stock Exchange since February 2022. As of the filing date, the company has 6,545,454,004 common shares outstanding and trades under the stock symbol CREIT. The company is headquartered at 11F Rockwell Santolan Town Plaza, 276 Col. Bonny Serrano Avenue, San Juan City.

This article is based on the company’s official press release and disclosures filed with the Philippine Stock Exchange’s Electronic Disclosure Generation Technology (PSE EDGE) system. For the complete and official version of the announcement, readers may visit the PSE EDGE website and search for the company’s filing directly.