I attended a live webinar from COL Financial with the above guests from Ayala. They posted it on Youtube so I’ll share it here as well.

Key takeaways:

1. AyalaLand remains the country’s largest developer with 47 estates and a landbank of 12,498 hectares. AREIT currently only has about 1/3 of AyalaLand’s leasing portfolio.

2. AREIT’s GLA will grow to 673,000 sqm in 2022 with 97% occupancy and WALE of 5.1 years.

3. AREIT grew its dividend by +75% since IPO 2 years ago to the latest one in 2Q2022.

4. BPO office leasing has demonstrated resiliency despite hybrid work arrangements.

5. AyalaLand is leaning more towards enlarging AREIT as a diversified commercial REIT rather than creating separate thematic mall or industrial REITs.