Tycoon Edgar Saavedra’s Citicore Energy REIT (CREIT) is aggressively expanding its land portfolio to support renewable energy, aiming to deliver stronger returns for investors.
Citicore Energy REIT (CREIT), the country’s first and largest renewable energy real estate investment trust, bucked the broader REIT slowdown with another solid performance in 2024.
Citicore Energy REIT Corp. (CREIT) is giving shareholders its biggest cash payout since it joined the stock market in 2022. For the last quarter of 2024, it declared P0.055 per share in dividends—slightly higher than last year’s P0.054 for the same period.
Tycoon Edgar Saavedra’s Citicore Energy REIT Corp. (CREIT), the Philippines’ first renewable energy REIT, continues to earn strong credit ratings, reinforcing its leadership in the country’s green energy transition.
Tycoon Edgar Saavedra’s is reassigning his investor relations head at flagship company Megawide Construction Corp. to fast-growing affiliate Citicore Energy REIT Corp. (CREIT)
Tycoon Edgar Saavedra’s Citicore Energy REIT Corp. (CREIT) welcomed changes to its board after the Sy family’s SM Group infused P5 billion for nearly a third of the real estate investment trust.
Tycoon Edgar Saavedra’s Citicore Energy REIT Corp. saw profits increase 12 percent to P1.4 billion in 2023 thanks to its expanded green asset portfolio and strategic acquisitions.