AREIT announced that a total of 205 thousand sq. meters of leasable space, primarily composed of office leasing properties located within Ayala Land’s prime estates in the country, will form part of its roster of REIT assets. These are Vertis North Commercial Development which has three office buildings and a retail podium located in Quezon City; One and Two Evotech in Nuvali Santa Rosa, Laguna; Bacolod Capitol Corporate Center and Ayala Northpoint Technohub, both located in Negros Occidental; and office condominium units at BPI-Philam Life buildings in Makati CBD and Madrigal Business Park in Alabang. The largest of these properties is Vertis North commercial development (shown in photo) with125,000 sq. meters of leasable space and a retail podium of 39,000 sq. meters. The three office buildings are 97% occupied and are leased to large BPO locators including Google Services Philippines, Teleperformance, Telus, and Global Payments. The retail component is operated by a wholly-owned subsidiary of ALI under the Ayala Malls brand and will pay a monthly guaranteed building lease to AREIT for a period of 36 years. Vertis North commercial development is LEED-certified.