Photo from CREIT website MANILA, Philippines — Citicore Energy REIT Corp. (CREIT) recorded a slight drop in first-half income to P686 million despite built-in lease escalation that kept
CREIT's H1 net income reached P686M on P916M revenue with 100% portfolio occupancy and 19-year lease expiry. Parent CREC's 1GW installed capacity and 5GW target create recurring asset pipeline; REIT provides stable, inflation-hedged cash flows for tech budget cycles.
Photo from CREIT website
MANILA, Philippines — Citicore Energy REIT Corp. (CREIT) recorded a slight drop in first-half income to P686 million despite built-in lease escalation that kept revenues stable.
On Wednesday, the company said its net income slipped from P687 million in the same period last year.
READ: CREIT poised to acquire new solar energy assets
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