AREIT, Inc. announced executive changes. The company appointed Ms. Ma. Teresa R. Famy as Treasurer, effective August 12, 2021, replacing Mr. Augusto D. Bengzon. Ms. Famy is also concurrent Chief Finance Officer and Chief Compliance Officer. The company appointed Mr. Simeon S. Cua, one of Independent Directors, as the Chairman of the Sustainability Committee replacing Ms. Carol T. Mills. Ms. Mills will remain to be a member of the Committee. Ms. Elaine Marie F. Alzona will cease to be a member of the Committee. The company approved these changes at the Board Meeting held on August 12, 2021.
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. It is focused on owning and investing 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 Philippines, which include Makati City, Cebu City, Bacolod City, Quezon City, Ayala Avenue, Gil Puyat Avenue and Muntinlupa City.
AREIT, INC. 
