SM to buy 29% of CREIT for P5B

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8 months ago

MANILA, Philippines — SM Investments Corp., the country’s most valuable conglomerate, has gained foothold in the real estate investment trust space with a deal to buy close to 29 percent of renewable energy property landlord Citicore Energy REIT Corp. (CREIT) for about P5 billion. Ahead of the much-awaited public listing of the REIT to be

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