The country’s first real estate investment trust (REIT), Areit Inc., debuted on the Philippine Stock Exchange (PSE) and ended on a weak note on Thursday.

Ayala Land Inc.-backed Areit opened flat at P27 and finished at P24.90, down 7.78 percent or P2.10, putting it among the top decliners and most active stocks of the day.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details