AREIT, Inc. (AREIT), a real estate investment trust company, reported strong financial results for the first three months of 2026, according to a disclosure filed with the Securities and Exchange Commission on May 13, 2026.
What Did AREIT Earn?
Think of AREIT like a piggy bank that owns shopping malls and office buildings, and people pay rent to use them. In the first quarter of 2026, AREIT collected:
- Total revenues of P3.5 billion – This is all the money they earned, growing by 21% compared to the same period last year
- EBITDA of P2.6 billion – This stands for “Earnings Before Interest, Taxes, Depreciation, and Amortization,” which is basically the profit before certain expenses are counted. This went up by 23% year-on-year
- Net income of P2.6 billion – This is the actual profit after most expenses, which grew by 25% compared to last year (not counting changes in property values)
Why Did They Earn More Money?
AREIT’s earnings grew because they added eight new commercial properties to their collection in 2025. These properties are located in important cities outside of Metro Manila, including Cebu, Davao, and Cagayan de Oro. These buildings started contributing money to AREIT beginning July 2025. The company’s existing properties also continued to perform well.
Dividends for Shareholders
When a company makes profit, it can share some of that money with people who own shares of the company. AREIT’s Board of Directors decided to give P0.62 for each share that people own. If you own AREIT shares as of May 27, 2026, you’ll receive this dividend payment on June 11, 2026.
What’s Coming Next?
In December 2025, AREIT received approval from shareholders for a property-for-share swap deal with Ayala Land, Inc. (ALI) and its subsidiary, Summerhill Commercial Ventures Corp. This deal involves two major properties:
- Ayala Center Cebu
- Ayala Malls Feliz
The total value of this transaction is P19.5 billion. The deal is currently being reviewed by regulators. Once completed, AREIT’s total Assets Under Management will grow to approximately P159 billion.
What the Company Says
According to AREIT President and CEO Alberto M. de Larrazabal, the company is proud of its ability to provide stable income from high-quality properties, especially during uncertain market conditions. He also mentioned that AREIT is working on acquiring more assets in the future.
About AREIT, Inc.
AREIT is a real estate investment trust (REIT) that owns and manages commercial properties like shopping malls and office buildings. The company is listed on the Philippine Stock Exchange and is headquartered in Makati City. As of October 7, 2025, AREIT has 3,715,756,162 common shares outstanding.
Source Note: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.
