Welcome to the 4th APAC REIT Investment Summit 2020

  ABS-CBN News

July 21, 2020 

Ayala Land's AREIT is the first REITs offering in the country. The Securities and Exchange Commission earlier confirmed its pre-effective approval of the listing. 

The Philippine Star

July 20, 2020

PSE president and CEO Ramon Monzon said this marks a milestone in the capital market, expressing hopes that despite the COVID-19 pandemic, AREIT’s listing would pave the way for other property firms to list in the market. 

Philippine Daily Inquirer

July 10, 2020

Property developer DoubleDragon Properties Corp. is set to infuse its single most valuable property portfolio – DD Meridian Park in Pasay City – into a real estate investment trust (REIT) that aims to raise P16.97 billion from an initial public offering by October.

  By Doris Dumlao-Abadilla

Philippine Daily Inquirer

January 21, 2020

Eleven years since the enactment of the Real Estate Investment Trust (REIT) law, the Philippines has finally come up with an implementing framework that is acceptable to the capital market.

  By Zhen Hao Toh

Bloomberg

January 21, 2020

Singapore’s dominant position as a real estate investment trust listing hub in Asia is being eyed by a new contender: the Philippines.

The Philippines Securities and Exchange Commission recently eased tax and ownership rules in an effort to lure REIT listings by property developers in the country.  

  By Joann Villanueva

Philippine News Agency

January 20, 2020

MANILA -- Investments in Real Estate Investment Trust (REIT) are expected to increase substantially following the amendments to rules and regulations which will protect small investors and boost the Duterte administration’s infrastructure program.

  By CNN Philippines Staff

CNN Philippines 

Jan 20, 2020

Metro Manila  — The government has relaunched real estate investment trusts or REITs, a platform that would let property companies raise fresh funding from the public.

Department of Finance

January 20, 2020

A new set of amended rules and regulations for companies enticing Filipinos to buy into their ventures via the Real Estate Investment Trust (REIT) law will ensure that whatever fresh capital they can raise will be reinvested exclusively in the country while protecting their small investors such as middle-class families and overseas Filipino workers (OFWs), Finance Secretary Carlos Dominguez III has said.

Department of Finance 

Jan 20, 2020

Real estate investment trust (REIT) companies are set for takeoff in the Philippines as the government finally releases regulations that include ownership and taxation requirements that will spur additional investment in the country’s booming property development and infrastructure sectors.

    By Chino S. Leyco

The Manila Bulletin

January 20, 2020

Finance Secretary Carlos G. Dominguez III expects the real estate investment trust (REIT) to spur additional investments in the country’s booming property development and infrastructure sectors following the release of the amendments to the implementing rules and regulations of the REIT Act of 2009 that include ownership and taxation requirements.

By Iris Gonzales 

The Philippine Star

January 13, 2020

MANILA, Philippines — There are no more stumbling blocks to the issuance of the new implementing rules and regulations (IRR) for the Real Estate Investment Trust (REIT) Act, industry sources said last week. The Department of Finance (DOF) has already approved the draft IRR, sources said.

   By Iris Gonzales 

The Philippine Star

January 06, 2020

MANILA, Philippines — Real estate investment trusts are expected to finally take off this year as the government relaxes rules of the existing decade old Real Estate Investment Trust Act.