CREIT earnings jumped 12% last year as portfolio grew

MANILA, Philippines — Citicore Energy REIT Corp. (CREIT) of tycoon Edgar Saavedra booked a 12-percent rise in earnings, which reached P1.4 billion in 2023 on “resilient” lease revenues. The country’s first renewable energy real estate investment trust (REIT) landlord on Tuesday said its green asset portfolio grew by 4.3 times since its initial public offering
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