This was disclosed by the company to the Philippine Stock Exchange yesterday in its three-year investment strategy prepared by VFund Management Inc.
Currently, VREIT has a portfolio of 256,404 square meters with an appraisal value of P25.3 billion. This is composed of 10 community malls and two office buildings.
Among the investment objectives of the company in the next three years is the diversification of its portfolio by investing in other VLLI's commercial real estate properties.
"The principal investment mandate and strategy of the company is to invest, on a long-term basis, in a diversified portfolio of income-generating commercial real estate assets strategically located within Vista Land Group's integrated developments in key urban areas," the company said.
This story is from the December 07, 2024 edition of The Philippine Star.
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This story is from the December 07, 2024 edition of The Philippine Star.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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