Manny Villar eyes investment in critical real estate and infrastructure

Ultra bilyonaryo Manny Villar’s Premiere Island Power REIT (PREIT) is looking to expand its portfolio in the next three years by investing on a long-term basis in critical real estate and infrastructure.

“PREIT’s principal investment strategy is to invest in income-generating real estate. A core tenet of the company’s investment policy is to invest in properties that meet a select set of criteria designed to provide a competitive investment return to investors once said properties are in operation,” the company said.

IT targets to promote growth in returns by careful selection of properties, optimizing properties owned, and taking advantage of desirable opportunities for acquisition.

The company is considering acquiring properties and assets owned by sponsors S.l. Power Corp. and Camotes Island Power Generation Corp., as well as by third parties.

PREIT’s asset portfolio consists of land and power plant assets utilized in the power generation projects of its sponsors.

Aside from growing and diversifying its portfolio, the company also intends to contribute to the promotion of clean, renewable and sustainable energy, as well as expand social and missionary electrification.

Subscribe to

Stay in the know with Bilyonaryo’s unparalleled coverage of business news and global industries!

Elevate your understanding of the Philippine business landscape and gain insights into worldwide markets by subscribing to our dedicated channels. Receive breaking news, in-depth analyses, and exclusive interviews with industry leaders directly on Viber, WhatsApp, and Facebook. Stay informed and empowered with our Email Newsletter, delivering curated content right to your inbox.

Don’t miss out on crucial updates and trends shaping economies and businesses both locally and internationally.

Join Bilyonaryo’s community today by clicking the button below to subscribe and stay ahead in the dynamic world of business.

Share this Bilyonaryo story