READ: Lucio Co joins renewable energy race The transaction involves 360 million shares priced at P1.533 per share, which Cosco noted is below 10 percent of its total book value as of end-2023.

COSCO’s owner, Lucio Co, has been teasing the COSCO REIT since 2023, with a theoretical size of between P15 billion and P30 billion. While the SMPH REIT would likely be much larger at around P58 ...

REIT: Real estate investment trust (REIT) listings from Lucio Co’s Cosco Capital and the Sy family’s SM Prime Holdings are not likely to take place this year. Ayala Land Inc.: Ayala Land ...