Villar's VistaREIT Reports P13 Billion Property Valuation Loss
VistaREIT, a real estate investment trust (REIT) under billionaire Manny Villar's empire, reported a nearly 45.5% (P13 billion) drop in property values by end-2025, leading to a P11.46 billion net loss. The significant valuation loss is primarily due to changes in its appraisal methodology based on future rental income projections, rather than an actual cash outflow.
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