VREIT's IPO has been approved by the Philippine Stock Exchange

Philstar Global

May 19, 2022

EXCERPT


VREIT will infuse high-income generation assets into its portfolio, particularly the profitable assets of Vista Land & Lifescapes Inc., its sponsor.


These include the Worldwide Corporate Center, the Vista Group’s prime office property, and main office located in Mandaluyong City.


Vista Land’s commercial assets are composed of 31 malls, seven office buildings and 69 commercial centers with a combined gross floor area (GFA) of 1.6 billion square meters. VREIT assets account for over 20 percent of VLL’s total GFA.


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