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Ayala Land, Inc.ALI
PSE Disclosure Form REIT-2 - Reinvestment Plan Progress Report
Reference: Section 6 of the Amended PSE Listing Rules for REITS
- Annual Report
- Quarterly Report
| Subject of the Disclosure |
|---|
1Q 2024 Sponsor Progress Report on Disbursement of Proceeds from the sale of 181 million AREIT Shares pursuant to the Sponsor Reinvestment Plan of Ayala Land, Inc |
| Background/Description of the Disclosure |
1Q 2024 Sponsor Progress Report on Disbursement of Proceeds from the sale of 181 million AREIT Shares pursuant to the Sponsor Reinvestment Plan of Ayala Land, Inc |
| Update or Status of the Reinvestment Plan |
As of March 31, 2024, ALI already disbursed total proceeds amounting to One Billion, Two Hundred Seventy-Two Million, Five Hundred Twenty-Five Thousand, Four Hundred Pesos and Thirty-Nine Centavos (Php 1,272,525,400.39) in accordance with the Reinvestment Plan. |
| Summary of Transactions Involving Real Estate and/or Infrastructure Projects for the Period |
Project Name: Gardencourt Residences |
| Description of Real Estate Assets and/or Infrastructure Projects for the Period |
Gardencourt Residences - Residential development in Metro Manila |
| Other Relevant Information |
- |
| Name | Michael Blase Aquilizan |
|---|---|
| Designation | Manager |