Park Cascades at Arca South

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Only 16 units left at Park Cascades – Arca South

Coco Midel

M: +63 917 502 9252

Real Estate Broker License 0005279

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Parklinks North Tower Price Increase

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Parklinks North Tower (PNT) scheduled for a price increase on March 20.

Congrats to those who have units here.

Those interested to get one before the price increase, contact me.

Coco Midel

Real Estate Broker Licence 0005279

M: +63 917 502 9252

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ALI transfers P22.5B worth of assets to AREIT

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Ayala Land Inc. plans to transfer P22.5 billion worth of malls and offices into AREIT Inc. This will be the largest ever asset injection since the REIT company went public three years ago.

The deal includes Ayala Land’s “crown jewel” shopping malls such as Glorietta 1 and 2 and BPO buildings in Ayala Center, One Ayala Avenue East and West BPO Towers, and MarQuee mall in Angeles, Pampanga. These assets have a combined gross leasable area of 190,000 sqm.

The transaction will be a property-for-share swap, with Ayala Land infusing assets in exchange for 607.56 million primary common shares of AREIT.

The deal is expected to be completed within 2023, pending ratification by shareholders during AREIT’s annual stockholders’ meeting on April 26.

AREIT’s leasable assets are set to triple in value to P87 billion and leasable space to 863,000 sqm. Net income in 2022 rose 20.8 percent to P2.9 billion. Revenues expanded by 53 percent to P5.1 billion. Board of directors approved cash dividends of P0.52 per share for the fourth quarter of 2022, to be paid on March 24, 2023.

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Took a trip to Arca South.

Here are the photos:

If you are interested to invest here, let me know.


M: +63 917 502 9252


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East meets West

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East Gallery Place and West Gallery Place are looking fantastic here at 9th BGC.

The project is sold out. Contact me if you want to know what is available in the secondary market.

Coco Midel REBL 0005279 / M: +63 917 502 9252