SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C
CURRENT REPORT UNDER SECTION 17
OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.2(c) THEREUNDER
1. Date of Report (Date of earliest event reported)
May 2, 20222. SEC Identification Number
CS2006138703. BIR Tax Identification No.
006-346-6894. Exact name of issuer as specified in its charter
AREIT, Inc.5. Province, country or other jurisdiction of incorporation
Makati City, Philippines6. Industry Classification Code(SEC Use Only) 7. Address of principal office
28/F Tower One and Exchange Plaza, Ayala Ave. Makati CityPostal Code12268. Issuer's telephone number, including area code
(+632) 7908-38049. Former name or former address, if changed since last report
N/A10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA
|
Title of Each Class
|
Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
|
| Common Shares |
1,508,910,810 |
11. Indicate the item numbers reported herein
Item 9 - Other Matters
The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.
AREIT, Inc.AREIT
PSE Disclosure Form REIT-1 - Reinvestment Plan
References: Rule 4 of the IRR of the REIT Act of 2009 and
Sections 4 and 8 of the Amended PSE Listing Rules for REITS|
Items amended by Filing
|
N/A
|
|
Exact Name of REIT as Specified in its Charter
| AREIT, Inc |
|
Address of Principal Office
| 28/F Tower One and Exchange Plaza, Ayala Ave. Makati City |
|
SEC Identification Number
| CS200613870 |
|
BIR Identification Number
| 006-346-689 |
|
Name of REIT Corporation:
| AREIT, Inc. |
|
Reinvestment Plan Period:
| May 2, 2023 |
A. Income-Generating Properties Transferred by the Sponsors/Promoters to the REIT
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Name of Sponsor/Promoter
|
Description of Property Transferred
|
Certificate of Title of Property
|
Transfer Value of the Property to the REIT
|
| N/A |
- |
- |
- |
B. Estimated Amount of Proceeds/Money to be Realized by the Sponsors/Promoters
I. From the Subsequent Sale of REIT shares or other securities issued in exchange for income-generating real estate transferred by the Sponsors/Promoters to the REIT
|
Name of Sponsor/Promoter
|
Estimated Amount of Proceeds
|
| Ayala Land, Inc. |
3,444,412,934.67 |
II. From the Sale of income-generating real estate to the REIT
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Name of Sponsor/Promoter
|
Estimated Amount of Proceeds
|
| N/A |
- |
C. The Reinvestment Projects
Description of the Real Properties/Infrastructure Projects subject of the Reinvestment Policy
|
Description of the Real Properties/ Infrastructure Projects
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Location
|
Estimated Timing of Disbursement of the Money/ Proceeds for Reinvestment
|
Percentage of Completion as of the Date of the Reinvestment Plan
|
Type of Investment
(Direct ownership, shareholding, etc.)
|
| Bulacan Property |
Bulacan |
3Q 2022 |
N/A |
100% owned |
|
Quezon City Property |
Quezon City |
4Q 2022 |
N/A |
100% owned |
|
Quezon City Property |
Quezon City/Pasig City |
2Q 2022 to 4Q 2022 |
N/A |
50% owned |
|
Batangas Property |
Batangas |
2Q 2022 |
N/A |
71% owned |
|
Cavite Property |
Cavite |
4Q 2022 |
N/A |
100% owned |
|
One Vertis Plaza |
Quezon City |
3Q 2022 to 1Q 2023 |
49% |
100% owned |
|
Andacillo |
Laguna |
3Q 2022 |
57% |
100% owned |
|
Other Relevant Information
|
-
|
Filed on behalf by:|
Name
|
Michael Blase Aquilizan
|
|
Designation
|
Associate Manager
|
