Manila, Feb 21, 2026, 17:00 GMT+8 — Market closed
AREIT shares on the Philippine Stock Exchange ended Friday down 0.46% at 43.50 pesos, with the market shut over the weekend and investors turning to what comes next for the dividend play. The stock traded between 43.25 and 43.70 pesos, with 897,600 shares changing hands. (StockAnalysis)
AREIT said total revenues rose 26% to P13.0 billion in 2025 and EBITDA — a proxy for operating profit — climbed 27% to P9.5 billion. Net income excluding the fair-value change in investment properties rose 28% to P9.4 billion, the company disclosed, and it said it plans to file its annual report by April 15. (Com)
The timing matters. Bangko Sentral ng Pilipinas cut its key rate by 25 basis points to 4.25% on Thursday, its sixth straight reduction, a backdrop that can make dividend stocks more attractive if borrowing costs keep easing. “We’re less certain about how soon confidence will return,” BSP Governor Eli Remolona told a press conference. (Reuters)
AREIT President and CEO Alberto M. de Larrazabal said the 2025 results reflected “the strength and quality of our portfolio” and disciplined execution. He said the group remains focused on “consistent returns” as it advances an approved P19.5 billion property-for-share swap with sponsor Ayala Land and Summerhill Commercial Ventures involving Ayala Center Cebu and Ayala Malls Feliz, a deal it expects to lift assets under management once completed. (Daily Tribune)
AREIT said income contributions from 2025 acquisitions — including Central Bloc corporate assets and an Ayala mall and hotel in Cebu, plus properties in Davao and Cagayan de Oro — supported performance. It ended 2025 with 99% overall occupancy, a 4.3 million square meter gross leasable area, and P139.3 billion of assets under management. (GMA Network)
The broader market was firmer into the weekend. The benchmark PSEi rose 0.9% on Friday to 6,465.12, while the property index gained 0.42%. (Com)
AREIT is a commercial real estate investment trust sponsored by Ayala Land that invests in income-generating assets including offices, malls, hotels and industrial land, the exchange’s company profile shows. Dividend investors often stack it against local REIT peers such as RL Commercial REIT, MREIT and Filinvest REIT as rate expectations shift. (Com)
But the trade can turn quickly. If inflation flares again or confidence stays weak, rate cuts can pause and bond yields can rise — a mix that tends to hit REIT valuations and demand for yield names.
For the week ahead, investors have the next cash payout on the calendar: AREIT declared a 0.62 peso-per-share cash dividend, with an ex-dividend date of March 4, a March 5 record date and a March 20 payment date. (Com)
