AREIT, Inc. Announces Resignation of Solomon M. Hermosura as Corporate Secretary, Effective 29 February 2024
February 26, 2024 at 12:22 am
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AREIT, Inc. informed that Mr. Solomon M. Hermosura tendered his resignation as Corporate Secretary effective 29 February 2024. Mr. Hermosura will be transitioning to government service. His replacement will be appointed by the Board in due course.
AREIT, Inc. is a Philippines-based real estate investment trust (REIT). The Company is engaged in the business of commercial leasing of retail and office spaces. The Company owns and invests in commercial portfolio of office, retail, and hotel properties in the Philippines. The Company caters to retail and office tenants. Its investment properties are composed of approximately seven stand-alone buildings, three mixed-used properties, approximately nine condominium office units, and four land parcels. The Company's investment properties are located across various cities in the Philippines, which include Makati City, Cebu City, Bacolod City, Quezon City, Ayala Avenue, Gil Puyat Avenue and Muntinlupa City. AREIT Fund Managers, Inc. is the fund manager.